Momentum Stocks Are Having Trouble

I don`t think that the Nasdaq is out of the woods just yet. I still think these momentum stocks are having trouble.

Meanwhile the stocks that are on my screen that are making new 52 week highs, its all the energy stocks which having been lagging and lagging all last year. They are finally breaking out, making big moves as the price of oil approaches 105 dollars a barrel.

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

Quantitative Easing (QE) Is An Euphemism For Inflation

Inflation is the expansion of the money supply. Quantitative Easing (QE) is an euphemism for inflation. All the Central Banks are inflating. That is what they are doing. That is inflation. Looking at the effective inflation as measured by the government`s CPI index is meaningless.

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: No Evidence That Demand For Gold Will Slow

Contrary to news from Goldman Sachs and the Wall Street Journal, there is no evidence to suggest that China is going to buy less gold in 2014.

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