Retail Sales Are Horrible

We got these year-over-year same store sales and they were horrible. I think every single company that reported sales missed estimates and some missed by a mile! So retail sales are horrible!

Related stocks: Wal-Mart (WMT), Starbucks (SBUX), Target Corporation (TGT), Macy's (M), J C Penney Company Inc (JCP)

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

Why The Federal Reserve Will Not Raise Interest Rates

The economic data is just too weak and the election too close for the Federal Reserve to actually take a chance at raising interest rates again given what a big disaster it was when it raised interest rates in December. (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 Stocks: Still In The Early Stage Of A Big Bull Market

I think this is still the early stage of a big, big bull market in gold mining stocks, so do not let the noise shake you out. (Market Vectors Gold Miners ETF (GDX), Market Vectors Junior Gold Miners ETF (GDXJ), NovaGold (NG), Newmont Mining (NEM), Barrick Gold (ABX), 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.