Tensions in Iraq are driving up the price of oil. Don't get mad, get in on it - as I have often advised.
Related: Nymex Crude Oil Futures, United States Oil Fund LP ETF (USO), Energy Select Sector SPDR ETF (XLE)
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
Jun 13, 2014
Jun 12, 2014
Markets Are Riding The Wave Of Cheap Money
The markets are driving the wave of all the cheap money. That`s what is driving the markets.
But it is not a healthy rally because the only reason that stocks are going up is just that the value of our money is going down.
Related: Select Sector Financial Select Sector SPDR ETF (XLF), 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.
But it is not a healthy rally because the only reason that stocks are going up is just that the value of our money is going down.
Related: Select Sector Financial Select Sector SPDR ETF (XLF), 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.
Certain Companies Will Benefit From Inflation
Related ETFs: SPDR Gold Trust ETF (GLD), SPDR S&P 500 Index ETF (SPY), 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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