Momentum Stocks Are Having Trouble

I don`t think that the Nasdaq is out of the woods just yet. I still think these momentum stocks are having trouble.

Meanwhile the stocks that are on my screen that are making new 52 week highs, its all the energy stocks which having been lagging and lagging all last year. They are finally breaking out, making big moves as the price of oil approaches 105 dollars a barrel.

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

Quantitative Easing (QE) Is An Euphemism For Inflation

Inflation is the expansion of the money supply. Quantitative Easing (QE) is an euphemism for inflation. All the Central Banks are inflating. That is what they are doing. That is inflation. Looking at the effective inflation as measured by the government`s CPI index is meaningless.

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

China: No Evidence That Demand For Gold Will Slow

Contrary to news from Goldman Sachs and the Wall Street Journal, there is no evidence to suggest that China is going to buy less gold in 2014.

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

Video: The Bullish Case For Gold

Related stocks and ETFs: SPDR Gold Trust ETF (GLD), iShares Silver ETF (SLV), 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.

People Are Starving For Yield

Will all this cheap money, because Central Banks have got interest rates too low, people are starving for yield even if it means lending money to Greece. But if this was a free market, if there was no moral hazard, if there was no government bailouts, Greece would not have a chance of borrowing this money, which would be good for Greece because going deeper into debt is not the solution to their problems, its compounding their problem.

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: Everything Is Reversing From 2013

It seems like everything is reversing from 2013. A lot of the hot momentum stocks that were doing well in 2013 are the ones that are getting clobbered in 2014. Gold did poorly in 2013, doing really well in 2014. So a lot of the insanity of 2013 being reversed now in 2014. I expect that to continue.

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