Jul 26, 2016

The Stock Market Has Not Been Going Up For The Past Year

The stock market and the economy are very different animals. A recession refers to economic activity or economic growth it does not matter what happens to the stock market.

Now, the stock market has not been going up for the past year and in fact if you look at the average stock, the average stock has been falling for two, two and a half years. In fact, I think better than 50 percent of all stocks in the S&P 500 Index are now down more than 20 percent from their peaks.

Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.

U.S. Elections & The Stock Market

Everybody likes to say "the markets hate uncertainty". What the markets like less than uncertainty is certainty when certain is bad and there is a lot of bad policy that is coming and that is a certainty. I also think we are back in a recession.

Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.

Jul 21, 2016

We Have A Bubble Economy That Needs Zero Or Even Negative Interest Rates

The economy never covered it actually got sicker thanks to the Federal Reserve which is the reason why the Fed cannot raise interest rates, the reason why when they tried to raise rates it was a complete failure!

Because it is the cheap money the only thing that is keeping this bubble economy going. We do not have a legitimate recovery that can withstand higher interest rates. We have a bubble that needs zero percent interest rates or even negative rates at this point and more QE.

Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.

Jul 19, 2016

The Fed Cannot Raise Interest Rates

The Federal Reserve cannot raise interest rates but cannot admit that. So it pretends that if inflation picked up they would do something about it but they will do nothing about it. It does not matter how high inflation goes, 2.5 percent, 3 percent, 4 percent , 5 percent...it does not matter.They Federal Reserve will stay at zero or practically at zero. They will not try to reign it in because if they tried they would cause a worse financial crisis than 2008. (SPDR Gold Trust ETF (GLD), iShares Silver ETF (SLV))

Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.

Jul 15, 2016

Gold Is Going To Move Into Much Higher Territory

Gold is not only going to re-test the highs from 2011 when it was close to 1900 but its going to surpass those highs and move into much higher territory. (SPDR Gold Trust ETF (GLD), iShares Silver ETF (SLV), Newmont Mining (NEM), Market Vectors Gold Miners ETF (GDX), Market Vectors Junior Gold Miners ETF (GDXJ), Goldcorp (GG), Barrick Gold (ABX))

Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.

Stocks, Gold & The Value Of Money

Stocks are not going up, the value of money is going down and gold proves that. (SPDR Dow Jones Industrial Average ETF (DIA), SPDR S&P 500 Index ETF (SPY), iShares Russell 2000 Index ETF (IWM), SPDR Gold Trust ETF (GLD), iShares Silver ETF (SLV))

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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