Money manager Peter Schiff (AP Photo/John Woike, Pool)
The recent strength of the U.S. economy and the recent weakness of oil prices will soon reverse, Peter Schiff, CEO of Euro Pacific Capital, told Newsmax TV. "The U.S. economy is headed to a recession, which means we're going to get more QE [quantitative easing], not a rate hike; the dollar is going to turn around; and oil prices are headed back higher." Schiff told "America's Forum" show on Newsmax TV. [Full Story]
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