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JUN 21, 2013 - Zero Hedge

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Peter Schiff And The Untapering "Waiting for Godot" Era

Submitted by Peter Schiff of Euro Pacific Capital, Tapering the Taper Talk As usual the Federal Reserve media reaction machine has fallen for a poorly executed head fake. It has been fooled by this move many times in the past and for its efforts it has tackled nothing but air.  Yet right on cue, it took the bait once more. Somehow the takeaway from Wednesday's release of the June Fed statement and the Bernanke press conference is that the Central bank is likely to begin scaling back, or "tapering," it's $85 billion per month quantitative easing program sometime later this year, and ... Read More

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