The U.S. Economic Weakness That Nobody Wants To Accept

We may have one of the weakest economies of the advanced economies, its just that nobody wants to accept that fact yet. (iShares Russell 2000 Index ETF (IWM), SPDR Dow Jones Industrial Average ETF (DIA), SPDR S&P 500 Index ETF (SPY), Nasdaq 100 Index ETF (QQQ))

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 Stocks: A Big Rally Again

We had a huge up day in gold stocks. Actually between Friday and Monday, I think this was the biggest back to back gain in gold stocks all year. The catalyst for this was the downgrade in the first quarter GDP estimates from the Atlanta Fed all the way down to just 0.1 percent. (Market Vectors Gold Miners ETF (GDX), Newmont Mining (NEM), Barrick Gold (ABX), NovaGold (NG), Goldcorp (GG))

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

Stock Market: The Rally is Over

I think that this rally is over. I think the market is rolling over because as I said before, just not raising interest rates is not going to cut it. What the Fed is going to have to do is to cut interest rates back to zero. (SPDR S&P 500 Index ETF (SPY), iShares Russell 2000 Index ETF (IWM), SPDR Dow Jones Industrial Average ETF (DIA), Nasdaq 100 Index ETF (QQQ))

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