Nov 28, 2014
Intrinsic Value: Gold & Euros
Related stocks: Newmont Mining (NEM), Barrick Gold (ABX), Goldcorp (GG), NovaGold (NG);
Related ETFs: Market Vectors Gold Miners ETF (GDX), SPDR Gold Trust ETF (GLD),
Topics: Gold, Swiss Gold Referendum, Euro Currency;
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
Nov 27, 2014
The Weakness In Crude Oil Is Temporary
I think the weakness in oil is temporary because it is based on, (A) on the global slowdown but (B) on the strength of the dollar which is predicated on the false belief that we have a legitimate U.S. recovery and as such the Federal Reserve can stop doing QE and raise rates, needer of these assumptions is true.
Related trading instruments: United States Oil Fund LP ETF (USO), Energy Select Sector SPDR ETF (XLE), ConocoPhillips (COP), Exxon Mobil (XOM), Marathon Oil (MRO), Nymex Crude Oil Futures, Halliburton (HAL), Schlumberger (SLB);
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
Related trading instruments: United States Oil Fund LP ETF (USO), Energy Select Sector SPDR ETF (XLE), ConocoPhillips (COP), Exxon Mobil (XOM), Marathon Oil (MRO), Nymex Crude Oil Futures, Halliburton (HAL), Schlumberger (SLB);
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
Nov 26, 2014
A Deluge Of Bad Economic Data
I still anticipate that the fourth quarter is going to be significantly below not only the third quarter, but below the expectations. Not only has all the economic data or almost all of it been weak, look at the data we got this week. It is like a deluge of bad economic data.
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
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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