They are never going to raise interest rates at least not until they are forced to. That is what I can`t understand, people have not figured this out yet, that Yellen has no intention of raising interest rates. She did mention that it was possible that they could raise rates but anything is possible. I mean an alien invasion is possible, right?... but its not going to happen. And it is not because of inflation, it is because we have a bubble, there is no legitimate recovery, if there was, they would have raised rates years ago. It is a gigantic bubble and the Federal Reserve is afraid to prick it.
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
Mar 20, 2015
Mar 19, 2015
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.
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.
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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