What is driving the narrative of a strong dollar and a bear market in gold is this false belief that because the U.S. Economy is strong, the Federal Reserve is going to tighten. Well, when people recognize, realize that because the U.S. Economy is economy is now weak again, the Federal Reserve is not going to tighten but do more QE, that is going to be very, very bullish for gold and bearish for the Dollar.
Related trading instruments: SPDR Gold Trust ETF (GLD), EURUSD forex cross, USDJPY forex cross;
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 17, 2014
Japan Is Back In Recession
Related trading instruments: Nikkei 225 Index, USDJPY forex cross;
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
Time To Start Your Own Gold Standard
Related stocks and exchange traded funds: Goldcorp (GG), Newmont Mining (NEM), Barrick Gold (ABX), Market Vectors Gold Miners ETF (GDX), SPDR Gold Trust ETF (GLD)
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 16, 2014
Signs Of Gold Making A Significant Bottom
There really is no one in the mainstream of investing who looks at a potential bottom in gold, a significant bottom. Not just a tradable bottom where you get a bounce and then you can get out and get back short. But no one is looking for a significant low from which another bull market can be launched. So, to me that is a good sign that it is in fact what we are doing. Of course, fundamentally, it all makes sense because over the next few months is when the bloom is coming off the U.S. recovery rose.
Related stocks and exchange traded funds: Newmont Mining (NEM), Barrick Gold (ABX), Goldcorp (GG), Market Vectors Gold Miners ETF (GDX), SPDR Gold Trust ETF (GLD)
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 stocks and exchange traded funds: Newmont Mining (NEM), Barrick Gold (ABX), Goldcorp (GG), Market Vectors Gold Miners ETF (GDX), SPDR Gold Trust ETF (GLD)
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 14, 2014
Rising Prices Do Not Stimulate Consumption
Only a central banker and maybe a Wall Street analyst could somehow come with with this ridiculous theory that it is rising prices that stimulate consumption and falling prices somehow stimulate depression. None of that is true and the Japanese are finding this out the hard way.
Related trading instruments: Yen, USDJPY forex cross, Nikkei 225 Index;
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: Yen, USDJPY forex cross, Nikkei 225 Index;
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 13, 2014
Few Believe That The Bull Market Is In Danger
Related stocks and Exchange Traded Funds: Energy Select Sector SPDR ETF (XLE), SPDR S&P 500 Index ETF (SPY), Facebook (FB), Tesla Motors (TSLA), Netflix (NFLX), Amazon (AMZN)
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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