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Peter Schiff
@PeterSchiff
Chief Economist & Global Strategist Chairman Founder Host Best-selling Author
Joined July 2009
315 Following    1.8M Followers
Treasury just announced that it will buy more long-term Treasuries private investors no longer want to hold to try to keep yields from rising. The money to pay for it will ultimately be created by the Fed, sending inflation soaring. That's why gold is already up $125 on the news!
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