Showing posts with label Energy Select Sector SPDR ETF (XLE). Show all posts
Showing posts with label Energy Select Sector SPDR ETF (XLE). Show all posts

Nov 19, 2014

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.

Nov 13, 2014

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.

Nov 5, 2014

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.

Oct 23, 2014

Markets Are Slowly Coming To Grips With The Reality

I think the markets are slowly coming to grips with the reality that the exit from QE is not going to be as easy as everybody thought. You know, I heard Dallas Fed Chairman, Richard Fischer on CNBC earlier, calling for QE to end on schedule. But what Fischer does not understand is that you cannot end QE without plunging the U.S. Economy into a severe recession.

It is because of the monetary policy of the Federal Reserve that the U.S. economy is more screwed up now than it has ever been in its history.

Related trading instruments: Select Sector Financial Select Sector SPDR ETF (XLF), Energy Select Sector SPDR ETF (XLE), SPDR S&P 500 Index ETF (SPY), 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.

Oct 22, 2014

Ending Quantitative Easing Will Plunge The U.S. Economy Into Recession


Related Exchange Traded Funds: Energy Select Sector SPDR ETF (XLE), Select Sector Financial Select Sector SPDR ETF (XLF), 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.

Sep 22, 2014

How Much $1 Dollar Used To Get You





























Related trading instruments: iShares Silver ETF (SLV), SPDR Gold Trust ETF (GLD), Kellogs (KG), Energy Select Sector SPDR ETF (XLE), Nymex Crude Oil, United States Oil Fund LP ETF (USO), Exxon Mobil (XOM), Tesoro Corporation (TSO)

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

Sep 16, 2014

The Federal Reserve Will Soon Be Printing More Money

What is the Federal Reserve going to do if the economy or the economic recovery is in jeopardy or if in fact we are back into recession?

And that is: print more money, more Quantitative Easing (QE). The opposite of what everybody seems to be expecting.

Related trading instruments: Energy Select Sector SPDR ETF (XLE), SPDR Gold Trust ETF (GLD), SPDR S&P 500 Index ETF (SPY), 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.

Sep 15, 2014

Market Outlook: Forex Markets, Interest Rates



Related trading instruments: Energy Select Sector SPDR ETF (XLE), Select Sector Financial Select Sector SPDR ETF (XLF), SPDR Gold Trust ETF (GLD), Barrick Gold (ABX), Goldcorp (GG)

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

Sep 4, 2014

International Tensions May Even Be Bullish For Stocks


























Related trading vehicles: Energy Select Sector SPDR ETF (XLE), Select Sector Financial Select Sector SPDR ETF (XLF), 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.

Aug 27, 2014

Stocks Are In A Bubble But Can Go Even Higher

I say that stocks are in a bubble, but the bubble is going to continue to inflate. We are not buying the stocks that comprise the bubble.

Most of the stocks that we invest in are abroad, they are mostly value stocks with very low P/E`s and high dividend yields and to the extent that we do invest in the United States, its in the value part of the spectrum.

We are not chasing the momentum. Even though, I acknowledge that these momentum stocks could keep going up. Since I don`t know how to time the market, I don`t know when the bubble is going to burst, I have been telling my clients to avoid these stocks even though I think they are going to go up, avoid them and invest more prudently.

Related stocks: Tesla Motors (TSLA), Facebook (FB), Twitter (TWTR), Netflix (NFLX), Energy Select Sector SPDR ETF (XLE), SPDR S&P 500 Index ETF (SPY), 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.

Aug 11, 2014

Tax Inversions



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 29, 2014

GDP Report: Its All Downhill From Q2




















Related: Energy Select Sector SPDR ETF (XLE), Select Sector Financial Select Sector SPDR ETF (XLF), 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.

Jul 17, 2014

The Federal Reserve Is Financing Speculation

The Federal Reserve right now is redirecting money that otherwise would go to capital investment and now is being used to finance, as financial speculation. And what we need is more savings, and we are not going to get more savings with zero percent interest rates.

Related ETFs: Energy Select Sector SPDR ETF (XLE), Select Sector Financial Select Sector SPDR ETF (XLF), 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.

Jun 25, 2014

Higher Crude Oil Prices Will Affect The Global Economy

I am bullish on oil anyway. I think the price of oil is going up regardless of what happens in Iraq. But to the extent that Iraqi production is disrupted by civil war, that is only going to be more bullish for the price of crude oil. And it is going to affect the global economy because its going to be more expensive and that`s going to be a negative.

Related stocks and ETFs: United States Oil Fund LP ETF (USO), Exxon Mobil (XOM), Marathon oil (MRO), ConocoPhipllips (COP), 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.

Jun 16, 2014

Oil Prices Are Going Higher

We have broken out decisively and the path of least resistance is up. Of course, if we do get any kind of disruption of these oil wells in Iraq, its going to be way up. But even if nothing bad happens there, prices are still headed higher.

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

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

Jun 13, 2014

What`s Driving Oil Prices Higher?

Tensions in Iraq are driving up the price of oil. Don't get mad, get in on it - as I have often advised.

Related: 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.

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