This Economy Would Have To Improve Dramatically To Get To Mediocre

This economy would have to improve dramatically to get to mediocre, it is lousy! Why do you think Donald Trump and Bernie Sanders have so much support? You know, behind all those phony jobs numbers are a lot of angry Americans who lost their full time jobs and have a low paying part time job, their standard of living is going down, their cost of living is going up. Everybody wants to pretend that this is a legitimate recovery but it is just an illusion.

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

U.S. Recession: Trump Predicts A Very Massive Recession In The U.S.

Donald Trump has now predicted a very massive recession in the United States now. He did not say a recession, he is predicting a massive recession and of course must of the pundits on television don`t see any recession at all, not even a mild one. Here we have Donald Trump saying not only the recession is going to be massive but actually it is going to be very massive. (SPDR Dow Jones Industrial Average ETF (DIA), SPDR S&P 500 Index ETF (SPY), Nasdaq 100 Index ETF (QQQ), iShares Russell 2000 Index ETF (IWM))

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 Miners, Commodity Stocks: The Beginning Of A New Trend

It was one of the best quarters that I can remember for gold stocks. No one on Wall Street owns gold stocks but people like me own them, my clients own gold stocks. They had a great quarter.

So, if you are investing abroad, if you are investing in resource, if you are investing in gold, you had a phenomenal quarter and in my opinion this is the beginning of a new trend.

(Newmont Mining (NEM), Barrick Gold (ABX), Goldcorp (GG), NovaGold (NG), Hecla Mining (NL), Exxon Mobil (XOM), Marathon Oil (MRO), ConocoPhillips (COP), xle, Market Vectors Gold Miners ETF (GDX))

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