The employment cost index jump of 0.7 percent triggered a market sell-off in expectation of higher interest rates. In fact, the Fed can't raise rates.
Related trading instruments: iShares Silver ETF (SLV), Market Vectors Gold Miners ETF (GDX), SPDR Gold Trust ETF (GLD), SPDR S&P 500 Index ETF (SPY)
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
Blog Archive
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2014
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August
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- Deflation Is Not Dangerous
- Stocks Are In A Bubble But Can Go Even Higher
- Gold & Well Established Companies
- Crypto Currencies: Too Late To Get Involved
- U.S. Dollar Outlook: It`s Going Down
- New Technologies & Investing Opportunities
- The Best Hedge For A Stock Market Crash
- China Is Buying Gold On The Quiet
- What To Do When U.S. Stocks Start Blowing Up
- How To Get Better Products And Jobs
- Video: Gold and Currency Wars
- A Dollar Crisis Will Be Bullish For Gold
- Minimum Wage Increases & Automation
- Tax Inversions
- Build Your Portfolio With Inflation Sensitive Assets
- The Price Of Inflation
- Will The Federal Reserve Do The Right Thing?
- Yellen Is Not Going To Raise Rates
- What Triggered The Market Sell-Off
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August
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