Forex: British Pound Flash Crash, U.S. Dollar Risks

One of these days that is going to happen to the U.S. Dollar, and it is not a flash crash, it is going to be a real crash. But it shows you that major currencies can make big moves.

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

Markets: Gold, Economic Recovery & Fed Policy

I have been a buyer of Gold for a while and it is not because of uncertainty, it is because of things that I certain of. I am certain all this talk about a recovery is wrong. The recovery is an illusion, it is just a gigantic bubble. That is a thing that Donald Trump got right. This is a bubble and the Federal Reserve is scared of letting it pop, they are doing everything they can to keep blowing air into it.

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 Bond Market Is Going To Blow Up

Eventually the bond market is going to blow up and the Federal Reserve is going to lose control of the long end because pretty soon the bond market is going to figure out that weak economic news is bad for bonds because it means more money printing, more inflation and that is the real enemy of the bond market, the debasement of the currency, the loss of purchasing power and that bond bubble is going to burst. But I think the U.S. Dollar bubble will burst first and take the bond bubble down with it.

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