Wednesday, January 26, 2011

U.S. "Inflationary Nightmare", Made in China

Mr. Miller concurs and has been warning about the four (4) major drivers of the foregone U.S. double dip recession; 1) inflationary energy and food costs; 2) real unemployment at 15%; 3) distressed real estate market; and 4) U.S. Federal Reserve warehousing of distressed mortgage backed securities and treasury securities.

http://finance.yahoo.com/tech-ticker/brace-yourself-peter-schiff-predicts-u.s.-%22inflationary-nightmare%22-made-in-china-535845.html;_ylt=As75TeNz_sd5YT31zjx55NS7YWsA;_ylu=X3oDMTE1OGwyOHF1BHBvcwMzBHNlYwN0ZWNoVGlja2VyBHNsawNicmFjZXlvdXJzZWw-?tickers=GDX,GLD,FXE,FXI,OIL,TBT,MOO

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