Loading Up On Gold And Silver

How can anybody not want to be loading up on gold and silver and getting the hell out of the U.S. Dollar when you have got this type of nonsense, when you have so many people worshipping at the alter of inflation?

Inflation is great, inflation is a good sign, the more the better, its the icing on the cake. Trying to get us to believe, to accept this nonsense that inflation is a good thing.

Related stocks and ETFs: Newmont Mining (NEM), Goldcorp (GG), Barrick Gold (ABX), Hecla Mining (NL), NovaGold (NG), Market Vectors Gold Miners ETF (GDX), iShares Silver ETF (SLV), SPDR Gold Trust ETF (GLD), Nymex Gold Futures ($GC_F) ;

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

Inflation Is Already Taking Off

Even with the government`s own measures that are low, the number is now 2.10 percent which is now above the so-called 2 percent target that the Federal Reserve has established, that the Federal Reserve said it is trying to reach. Well, like the bank of Japan (BoJ) it has now exceeded its target, although the Fed somehow is still going to pretend that is below target.

This trend is going to continue and we are going to leave 2 percent inflation further and further in the rearview mirror.

Related stocks and ETFs: Barrick Gold (ABX), Newmont Mining (NEM), Goldcorp (GG), SPDR Gold Trust ETF (GLD), iShares Silver ETF (SLV);

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 Fed Removes All the Monetary Props Beneath The Market

Related: Select Sector Financial Select Sector SPDR ETF (XLF), SPDR Dow Jones Industrial Average ETF (DIA), SPDR S&P 500 Index ETF (SPY);

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