All this speculative buying is coming to an end just as the Fed is beginning to taper. The Fed is so proud of itself. "Hey, we have got this great economy built on the wealth effect of the housing market and the stock market" and as they are tapering, the housing market is already rolling over, the wealth effects are working in reverse.
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
May 19, 2014
May 16, 2014
Inflation: Is It Good or Bad?
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
May 15, 2014
Inflation: Gold Prices, Commodities
We do have an inflation problem, we do have a bubble and commodity prices are rising. Gold prices are rising, maybe you haven`t noticed but gold is at 1,300.
Related stocks and ETFs: SPDR Gold Trust ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), Goldcorp (GG), 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.
Related stocks and ETFs: SPDR Gold Trust ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), Goldcorp (GG), 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.
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