China, Other Countries Will Sell U.S. Treasuries

I think the Chinese are smart. They have a lot of U.S. Treasuries and they want to get rid of them. And I think it is not just China. You have countries all around the world that have loaded up on U.S. Treasuries. They are going to sell.

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

China Is Moving Out Of U.S. Treasuries

China is moving out of U.S. Treasuries and many other countries that have loaded up on U.S. Treasuries will likely follow.

Tickers: iShares Barclays 20+ Year Treasury Bond ETF (TLT)

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

Interest Rates: Everyone Addicted To Zero

The easy part is to bring rates to zero, any central bank can do that. The impossible part is to lifting them back up again once you have got everyone addicted to zero 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.