The stock market continues to ignore all of the bad news that is reigning in on the U.S. Economy. The bad news is not being ignored in the forex markets although I do believe that the reaction should be bigger and will be bigger as far as the dollar declining as the economic data continues to disappoint.
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
Apr 28, 2015
Apr 27, 2015
Canadian Dollar Outlook
It looks like the Canadian Dollar has in fact bottomed. I have been talking about that for a while. So there could be a very big rally going forward and not only in that currency but in several other currencies as well that are likely going to be experienced "good news" in the form of higher inflation and as a result they are going to be raising their interest rates.
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.
Apr 23, 2015
"W" Bottom In The Oil Price
I have been talking about the rebound in oil prices. This week oil prices moved above 57 dollars. It may not sound like a lot, as we were paying 100 dollars a barrel but oil bottomed out at 42. So, percentage wise, that`s a pretty big move. And I think we are forming a very, very sizable "W" bottom in the oil price.
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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