Commodities: When Will They Start Surging Again

When the dollar turns, that is what is going to unleash commodity prices. oil prices will come back up. Other commodity prices that were falling based on the anticipation of rate hikes, when they realize that we are going to get QE4...

If you thought QE1 or 2 did a number on the commodities market, wait till you see QE4. And when those commodities start to surge, they are not just going to surge in dollars, they will surge in all these currencies.

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 Federal Reserve Is Even More Dovish Now

If you read the entire statement, the Federal Reserve is more dovish now than it was before. The Federal Reserve is more concerned about the U.S. Economy today than it was when the word patient was still there.

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. Economy Is Rapidly Decelerating

The U.S. Economy is rapidly decelerating, I think without QE4 we will be back in recession. Now the Federal Reserve should allow that recession, it is going to be horrible, there is going to be a worse financial crisis than in 2008 but they will not do it. They will go back to the well and launch QE4, another question is, will they be able to bluff their way to QE5.

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