The U.S. Dollar is falling across the board and that is going to produce spectacular returns outside the United States. So if you want to buy corporate bonds look for companies that are going to pay you in a currency that is not going to go down. But I would rather invest in dividend paying foreign stocks in countries that are going to see substantial appreciation against the dollar but also countries that have much better macroeconomic outlook. (iShares MSCI Emerging Markets Index ETF (EEM))
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 21, 2016
Mar 19, 2016
Silver Stocks Are Doing Even Better Than Gold Stocks
This long dollar trade is going to unravel fast because everyone is on the wrong side of it.
Gold is trading around 1265, it is still about 15 to 20 dollars off the highs but these gold stocks made new highs for the year and what is even better than the gold stocks are silver stocks. (SPDR Gold Trust ETF (GLD), Market Vectors Gold Miners ETF (GDX), iShares Silver ETF (SLV), Goldcorp (GG), Newmont Mining (NEM), Barrick Gold (ABX))
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
Gold is trading around 1265, it is still about 15 to 20 dollars off the highs but these gold stocks made new highs for the year and what is even better than the gold stocks are silver stocks. (SPDR Gold Trust ETF (GLD), Market Vectors Gold Miners ETF (GDX), iShares Silver ETF (SLV), Goldcorp (GG), Newmont Mining (NEM), Barrick Gold (ABX))
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 18, 2016
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.
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.
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