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Peter Schiff: March 18th "a day that will potentially shock the world"
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[quote:Anonymous Coward 616405:MV83NTI0ODZfMTE1NjI4OThfODA3QUVCMA==] The dollar, gold, and oil moves were a response from 1 trillion. We still have 600 some odd trillion to go. If gold moves 50 dollars every time the fed buys a trillion dollars worth of crap, we will have $30,000+ gold in the end. [/quote]
The Federal Reserve buys treasury securities (300 billion), makes the dollar drop 3 percent, biggest one-day drop. Gold up, etc. It is inflationary policy. Peter Schiff talks about it here:
link to www.youtube.com
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