Silver Stocks Are On Fire

Silver is now leading after having lagged, and I see a lot of people out there saying, "Buy gold, short silver." And I thought, what a foolish trade!

Silver now is making new highs for the year, it is now leading gold and the silver stocks are really on fire.

Stocks: Hecla Mining (NL), 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.

The Federal Reserve Keeps Pretending That The Economy Is Strong

If the Federal Reserve were honest they would acknowledge how weak the economy is but they cannot do that for political reasons so all they can do is not raise interest rates. They have to keep pretending that they will raise interest rates so they can keep pretending that the U.S. Economy is strong. (SPDR Gold Trust ETF (GLD), iShares Barclays 20+ Year Treasury Bond ETF (TLT), 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.

This Commodity Move Is Real, We Are In A New Bull Market

The commodity currencies that have been rising are going to continue to rise against the U.S. Dollar. You are going to continue to see strength in latin America currencies, you are going to continue to see strength in Asian currencies and this means this commodity move is real, we are in a new bull market. (United States Oil Fund LP ETF (USO), Market Vectors Gold Miners ETF (GDX), SPDR Gold Trust ETF (GLD), Energy Select Sector SPDR ETF (XLE), Nymex Copper Futures, Nymex Crude Oil Futures)

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