The Federal Reserve is not going to let the stock market collapse. That is why it can`t taper. That is why it can`t raise interest rates because if the Fed did those things the stock market would collapse and so they are going to have to supply even more liquidity to keep the stock market propped up. But that is great for 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.
Jan 24, 2014
Jan 23, 2014
Federal Reserve`s Impossible Mission
Remember, the Federal Reserve also has to shrink its balance sheet, its not about tapering. Tapering is the easy part, even though that is impossible. The hard part is when the Federal Reserve goes from being a buyer of Treasuries, to being a seller of Treasuries. How is that even possible? Who would step in front of that train?
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
If The Federal Reserve Withdraws Itself From The Bond Market, It Will Implode
Why would you want to buy U.S. Treasuries? The yields are too low compared with every other asset. Why would`t you just buy stocks? I mean, the yields are too low relative to where inflation is, relative to the risk. If the Federal Reserve materially withdraws itself from the bond market, the bond market implodes.
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
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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