All this speculative buying is coming to an end just as the Fed is beginning to taper. The Fed is so proud of itself. "Hey, we have got this great economy built on the wealth effect of the housing market and the stock market" and as they are tapering, the housing market is already rolling over, the wealth effects are working in reverse.
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
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- Schiff For President?
- Why Are Gold Prices Falling?
- Gold Prices Are Not Responding To Inflation
- 2014: Stocks vs. Gold
- Inflation Distorts The Markets
- What Is Going To Drive The Price Of Gold And Silve...
- Trading Bitcoins For Gold & Silver
- Bitcoins Will Continue To Trade Lower
- Bernanke On Interest Rates
- The Holy Grail Of Inflation
- Profits & Risk-Taking
- This Is A Wall Street Bubble
- Video: We Have Another Housing Bubble
- Forex Markets: Watch The USD/JPY
- The Housing Market Is Already Rolling Over
- Inflation: Is It Good or Bad?
- Inflation: Gold Prices, Commodities
- Video: Roubini & Schiff Head-To-Head
- Food Inflation: The Real Cause
- Inflation Showing Up In Food
- Stocks: The Stealth Correction
- The U.S. Is The Biggest Inflation Creator In The W...
- Central Bankers Are Embracing Inflation
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- Yellen Demonstrates So Much Ignorance
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- U.S. Dollar Weakness: 5 Year Lows Against The GBP
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- A Wake-Up Call For The Bond Market
- Economic Data: April`s ISM & The Weather Excuse
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- Video: Minimum Wage & Vanishing Jobs
- U.S. Economy: There's No Evidence Of A Recovery
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- The Fed Will Reverse Course On QE
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