Stocks: The Stealth Correction

The stealth correction or the bear market continues beneath the surface as companies report their earnings and if they are not stellar, if they don`t beat the estimate and come out with a very positive forward guidance, they are just taking these stocks out and shooting them. One after another these stocks are going down.

Related ETFs: 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.

The U.S. Is The Biggest Inflation Creator In The World

We will always print more money than anybody else. We are going to be the biggest inflation creator in the world. In fact, that is America`s best export. It`s inflation.

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

Central Bankers Are Embracing Inflation

When we have these central bankers embracing inflation, saying that their goal is inflation, and what they are fighting is not inflation but an absence of inflation. If inflation is too low, they are going to do something about it.

And you have the ECB (European Central Bank) saying that interest rates are going to stay at 0.25% or lower for an indefinite period of times the ECB makes sure that we have more inflation. That is bullish 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.