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UBS Says It’s Time to ‘Warm Up’ to Gold
schiffgold.com / BY MIKE FINGER / SEPTEMBER 25, 2015
For months, Peter Schiff has argued that the Federal Reserve cannot and will not raise the interest rate.
Most recently, Peter told CNBC Asia the Fed is pulling a “long con” on the global markets when it comes to its monetary policy. The Fed wants people to believe that a rate hike is coming, but Peter argues that we will actually see afourth round of quantitative easing.
Now we’re beginning to hear echoes of Peter’s position on interest rate hikes from other global analysts.
In a recent note to investors, UBS advised the time has come to “warm up” to gold, arguing that interest rates won’t rise to the level most have predicted.
The post UBS Says It’s Time to ‘Warm Up’ to Gold appeared first on Silver For The People.
Source: http://silveristhenew.com/2015/09/25/ubs-says-its-time-to-warm-up-to-gold/
