Intrinsic Value: Gold & Euros

Related stocks: Newmont Mining (NEM), Barrick Gold (ABX), Goldcorp (GG), NovaGold (NG);

Related ETFs: Market Vectors Gold Miners ETF (GDX), SPDR Gold Trust ETF (GLD),

Topics: Gold, Swiss Gold Referendum, Euro Currency;

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

The Weakness In Crude Oil Is Temporary

I think the weakness in oil is temporary because it is based on, (A) on the global slowdown but (B) on the strength of the dollar which is predicated on the false belief that we have a legitimate U.S. recovery and as such the Federal Reserve can stop doing QE and raise rates, needer of these assumptions is true.

Related trading instruments: United States Oil Fund LP ETF (USO), Energy Select Sector SPDR ETF (XLE), ConocoPhillips (COP), Exxon Mobil (XOM), Marathon Oil (MRO), Nymex Crude Oil Futures, Halliburton (HAL), Schlumberger (SLB);

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

A Deluge Of Bad Economic Data

I still anticipate that the fourth quarter is going to be significantly below not only the third quarter, but below the expectations. Not only has all the economic data or almost all of it been weak, look at the data we got this week. It is like a deluge of bad economic data.

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

Putin May Have Bigger Plans For Russia`s Gold

Related trading instruments: SPDR Gold Trust ETF (GLD), Market Vectors Gold Miners ETF (GDX), Gold Futures;

Topics: Vladimir Putin, Russian gold reserves, gold;

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

The Federal Reserve Is Concerned That There Isn`t Enough Inflation

They are concerned about the low level of inflation. And I believe they are laying the foundation for either the delay in rate hikes the launching of QE4, which I think it`s inevitable anyway. But I do believe the pretext for QE4 is going to be that there is not enough inflation.

Related trading instruments: Select Sector Financial Select Sector SPDR ETF (XLF), SPDR Gold Trust ETF (GLD), Market Vectors Gold Miners ETF (GDX), 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.

How Much Gold Should You Own?

At a minimum you should have 5 to 10 percent of your portfolio in gold. And you may also increase that, you can have gold stocks, depending on your risk tolerance. Are you looking to preserve wealth? Are you looking to get rich with gold? So different people have different needs.

Related stocks and exchange traded funds: SPDR Gold Trust ETF (GLD), Market Vectors Gold Miners ETF (GDX), Goldcorp (GG), Newmont Mining (NEM), Barrick Gold (ABX), NovaGold (NG)

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

Federal Reserve: They Are Not Going To Raise Rates At All

They are not going to raise rates at all. They are going to do more QE.

They are going to finally raise rates but not because they want to, but because the market gives them no choice, because the dollar is in free fall and inflation is accelerating and the Fed is back into the wall and they have no choice but to raise interest rates and bring about a financial crisis of an order of magnitude greater than 2008.

Related: 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.

QE: Once You Start, You Cannot Stop

They never should have started it. Once you start, you cannot end it unless you are willing to face the consequences. And the consequences are QE exacerbated all the problems that the Federal Reserve was supposedly trying to solve. So, the minute you stop QE, you have to prepare for the consequences.

Related ETFs: SPDR Dow Jones Industrial Average ETF (DIA), SPDR S&P 500 Index ETF (SPY), Select Sector Financial Select Sector SPDR ETF (XLF)

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

When Yellen Joins The Party, Gold Will Skyrocket

Related stocks and ETFs: Newmont Mining (NEM), Barrick Gold (ABX), Goldcorp (GG), Market Vectors Gold Miners ETF (GDX), SPDR Gold Trust ETF (GLD)

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

Gold Will Rise Faster Than It Fell

I think that when this decline is over, it has been 2 or 3 years since gold hit its high around 1900, I think it is actually going to rise faster than it fell. Normally, markets take the stairs up and the elevator down. I think that gold is going to take a rocket ship back up.

Because I think when ultimately people who have been shorting gold and selling gold realize that they got it wrong and they want to buy it back, it is just not there. I think all the real gold, that was dumped out of the ETF, I think it is sitting in vaults in Russia, in China, and it is not going to see the light of day again.

Related trading instruments: Newmont Mining (NEM), Barrick Gold (ABX), Goldcorp (GG), NovaGold (NG), SPDR Gold Trust ETF (GLD), Market Vectors Gold Miners ETF (GDX)

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

Gold Outlook: ECB Purchases, Russia Buying & U.S. Recession

Related stocks and exchange traded funds: Newmont Mining (NEM), Goldcorp (GG), Barrick Gold (ABX), Market Vectors Gold Miners ETF (GDX), SPDR Gold Trust ETF (GLD)

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

Federal Reserve: The Only Problem They Can Solve

Related trading instruments: SPDR Gold Trust ETF (GLD), iShares Silver ETF (SLV), Market Vectors Gold Miners ETF (GDX)

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

A Game Changer In The Oil Market

Everybody is looking for rate hikes and they not going to get them. So this will be a game changer in the oil market.

Related trading instruments: Energy Select Sector SPDR ETF (XLE), Nymex Crude Oil Futures, Exxon Mobil (XOM), Marathon Oil (MRO), ConocoPhipllips (COP)

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

The Reason Oil Prices Are Under Pressure

The only reason that oil prices are under pressure is because the dollar is strengthening based on the idea that the entire world is a disaster, except the United States. And so, the world is going into a recession, everybody is taking refuge in the U.S. Dollar and that is suppressing the price of oil.

I think when people come to the conclusion and again they will come to it, I believe, sometime next year, that we are not only going to be the only country not printing money.  We are going to be printing money, more than all the other the other countries combined.

Related trading: SPDR Gold Trust ETF (GLD), SPDR S&P 500 Index ETF (SPY), EURUSD forex cross, Euro Currency Futures, Nymex Crude Oil futures, United States Oil Fund LP ETF (USO), Energy Select Sector SPDR ETF (XLE)

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

China Is Not Fighting The Currency War

Interestingly too, the Chinese Yuan hit a 8 month high. So even as the Yen is falling and other currencies like the Euro galling, the Yuan is rising. It is positive on the year by about one to two percent against the U.S. Dollar, which means the Chinese currency is really strong against the Yen or the Euro, because the Dollar as been strong against those currencies, yet it is still dropping against the Chinese currency.

I think the Chinese are discovering that a currency war is not a war that you want to win. And clearly the Chinese are not fighting that. Their currency is rising against other currencies.

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

False Narrative Is Driving The Dollar Higher And Gold Lower

What is driving the narrative of a strong dollar and a bear market in gold is this false belief that because the U.S. Economy is strong, the Federal Reserve is going to tighten. Well, when people recognize, realize that because the U.S. Economy is economy is now weak again, the Federal Reserve is not going to tighten but do more QE, that is going to be very, very bullish for gold and bearish for the Dollar.

Related trading instruments: SPDR Gold Trust ETF (GLD), EURUSD forex cross, USDJPY forex cross;

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

Japan Is Back In Recession

Related trading instruments: Nikkei 225 Index, USDJPY forex cross;

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

Time To Start Your Own Gold Standard

Related stocks and exchange traded funds: Goldcorp (GG), Newmont Mining (NEM), Barrick Gold (ABX), Market Vectors Gold Miners ETF (GDX), SPDR Gold Trust ETF (GLD)

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

Signs Of Gold Making A Significant Bottom

There really is no one in the mainstream of investing who looks at a potential bottom in gold, a significant bottom. Not just a tradable bottom where you get a bounce and then you can get out and get back short. But no one is looking for a  significant low from which another bull market can be launched. So, to me that is a good sign that it is in fact what we are doing. Of course, fundamentally, it all makes sense because over the next few months is when the bloom is coming off the U.S. recovery rose.

Related stocks and exchange traded funds: Newmont Mining (NEM), Barrick Gold (ABX), Goldcorp (GG), Market Vectors Gold Miners ETF (GDX), SPDR Gold Trust ETF (GLD)

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

Rising Prices Do Not Stimulate Consumption

Only a central banker and maybe a Wall Street analyst could somehow come with with this ridiculous theory that it is rising prices that stimulate consumption and falling prices somehow stimulate depression. None of that is true and the Japanese are finding this out the hard way.

Related trading instruments: Yen, USDJPY forex cross, Nikkei 225 Index;

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

Few Believe That The Bull Market Is In Danger

Related stocks and Exchange Traded Funds: Energy Select Sector SPDR ETF (XLE), SPDR S&P 500 Index ETF (SPY), Facebook (FB), Tesla Motors (TSLA), Netflix (NFLX), Amazon (AMZN)

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

Abenomics Is Failing, Is Gold Bottoming?

Related trading stocks and exchange traded funds: Newmont Mining (NEM), Goldcorp (GG), Barrick Gold (ABX), NovaGold (NG), Market Vectors Gold Miners ETF (GDX), 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.

Stocks Lived By QE. Will They Die Without It?

Related stocks and exchange traded funds: Facebook (FB), Tesla Motors (TSLA), Twitter (TWTR), Netflix (NFLX), Amazon (AMZN), Bank of America (BAC), citigroup (C), SPDR S&P 500 Index ETF (SPY), SPDR Dow Jones Industrial Average ETF (DIA), Nasdaq 100 Index ETF (QQQ)

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

Bitcoin Will Continue To Head Lower

I think it is a bubble like any other bubble. The dot com bubble,  we had the real estate bubble, we had the Bitcoin bubble. And the Bitcoin bubble has already popped.

Bitcoin now, is trading around 350 dollars/ bitcoin, the high was 110 or 1200. So, I think we already saw the speculative blow off and I do not think the currency will is going back up to that rate again. I think we will continue to head lower.

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

Greenspan On Gold

Related stocks and ETFs: Newmont Mining (NEM), Goldcorp (GG), Market Vectors Gold Miners ETF (GDX), SPDR Gold Trust ETF (GLD), 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.

Why Is The U.S. Dollar Rallying?

Everybody is wrongly anticipating that the Federal Reserve is going to tighten. They believe that Quantitative easing has worked, that zero percent interest rates have worked and because they worked, they are no longer needed.

Well, the fact of the matters they are needed now more than ever before. Because they did not work in creating a legitimate economic recovery, all they did was inflate a big bubble. And you cannot keep the bubble inflated without the air. So, the Federal Reserve cannot suck the air out of the bubble and expect it to keep expanding.

Related exchange traded funds: Select Sector Financial Select Sector SPDR ETF (XLF), SPDR Dow Jones Industrial Average ETF (DIA), SPDR S&P 500 Index ETF (SPY), Nasdaq 100 Index ETF (QQQ)

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

America: Raising Taxes And Demonizing The Successful

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

Monetary Policy: There Is No Exit Strategy

When they figure out that there is no exit strategy, that exit from this monetary policy is impossible, that it really is Qe-infinity, that interest rates will have to stay at zero forever. No matter how high inflation gets, than its a game changer and the bottom will drop out of the U.S. Dollar.

Related trading: SPDR Gold Trust ETF (GLD), iShares Silver ETF (SLV), EURUSD forex cross, AUDUSD forex cross, USDJPY forex cross

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

America`s Job Growth: Waiters & Bartenders

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

Employment Report: Unemployment Falls But Real Wages Do Not Rise

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

2008 Crisis: The Economy Is Even Sicker Now

Unfortunately all the problems that led to the housing bubble and the inevitable financial crisis, all the problems are now worse than they were. And it is interesting that all the so-called experts, economists, market strategists, did not understand just how sick the economy was, leading up to the 2008 financial crisis. They do not understand it is even sicker now. They never understood the disease, they think the Fed`s cure worked, but the Fed`s cure only made the disease that the Federal Reserve created worse.

Related trading instruments: SPDR Gold Trust ETF (GLD), SPDR S&P 500 Index ETF (SPY), SPDR S&P Homebuilders ETF (XHB)

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

Video: U.S. Economy, Interest Rates & Bitcoin

Related exchange traded funds: SPDR Gold Trust ETF (GLD), iShares Silver ETF (SLV), SPDR S&P 500 Index ETF (SPY), SPDR Dow Jones Industrial Average ETF (DIA)

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

Corporate Layoffs Surge In October

Related trading instruments: SPDR S&P 500 Index ETF (SPY), SPDR Dow Jones Industrial Average ETF (DIA), Nasdaq 100 Index ETF (QQQ)

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. Economy: Is It Strong Or Weak?

Related ETFs: 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.

Crude Oil: Low Prices Are Not Sustainable

I do not think these levels are going to be sustainable given all the inflation that is being created around the world and the inflation I believe is going to be created in the United States.

Related trading instruments: Exxon Mobil (XOM), Marathon oil (MRO), ConocoPhipllips (COP), Energy Select Sector SPDR ETF (XLE), United States Oil Fund LP ETF (USO), Nymex Crude Oil Futures;

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

America`s Bubble Economy

Related Exchange Traded Funds: United States Oil Fund LP ETF (USO), Nymex Crude Oil, SPDR Dow Jones Industrial Average ETF (DIA), 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.

Can The Fed End QE Without Causing Turmoil?

The idea that we can end quantitative easing and that everything is going to be fine... Why did we do QE3? Everybody forgets! We did QE3 because QE2 did not work. Why did we do QE2? Because QE1 did not work. So, why do people think that it will be any different now with QE3? We ended QE3, we ended QE2, we ended QE1. I think we are going to resurrect it again.

Related: SPDR S&P 500 Index ETF (SPY), Nasdaq 100 Index ETF (QQQ), SPDR Dow Jones Industrial Average ETF (DIA)

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

Schiff Report: Stock Market, Gold Stocks

Related stocks and exchange traded funds: Newmont Mining (NEM), Barrick Gold (ABX), Goldcorp (GG), SPDR Gold Trust ETF (GLD), Market Vectors Gold Miners ETF (GDX), Nasdaq 100 Index ETF (QQQ), 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.

Stock Market: Good Times Will Not Last

I do not expect the good times to last. Reality will start to set in. You have all these traders now that realize that the Federal Reserve safety net is not there.

Related exchange traded funds: Select Sector Financial Select Sector SPDR ETF (XLF), SPDR S&P 500 Index ETF (SPY), SPDR Dow Jones Industrial Average ETF (DIA)

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