Peter Schiff: 'This Is A Fake Rally, When Does QE4 Start?

PHONY RALLY PHONY FED

Schiff and Rick Santelli discuss the stock market rally, false Fed signals, rate hikes, gold and the coming of QE4.

"This economy would have to improve dramatically just to get to mediocre."

Schiff wasn't done:

"The Fed can't raise rates because they don't want to poke too many holes in this bubble. This recovery was never real, it's phony, it's just another Federal Reserve bubble just like the one that popped in 2008, only this one is even bigger.

What we really should be talking about is not when The Fed will hike rates, but when they wll admit the economy is a lot weaker than they expected and when the next rate cut and when they will launch QE4?"

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