These big banks in Europe are lower than they were at their lows in 2008/2009 financial crisis. And the big one is Deutsche Bank AG (NYSE:DB) which had to come out and assure everybody that they do not have any solvency problems which is very reminiscent of Lehman Brothers or Bear Stearns.
Related stocks: Bank of America (BAC), Citigroup (C), Morgan Stanley (MS), Goldman Sachs (GS)
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
Feb 9, 2016
Feb 8, 2016
Gold: Up $120/ Ounce Since The Fed Raised Interest Rates
Gold was up 5 percent on the week. The price of gold has now risen 120 dollars an ounce since the Federal Reserve raised interest rates in December.
Related: 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.
Related: 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.
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