This Is Going To Light A Fire Under The Gold Trade

When people figure out that the Federal Reserve is going to print more money than Japan and Europe combined, we are not getting ready to tighten, we are getting ready to launch QE4. That is going to light a fire under the gold trade.

Related stocks: Goldcorp (GG), Newmont Mining (NEM), Barrick Gold (ABX), NovaGold (NG)

Related exchange traded funds: 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.

If The Fed Raises Rates, All Job Creation Will Disappear

The Federal Reserve has been in a box for a long time. The jobs report is not putting it in that box. If the Federal Reserve were to raise rates, all the jobs would disappear because the recovery in only here as long as the Federal Reserve is propping it up. We got 4 economic reports that came out, the jobs report was only one. All the other 3 were bad. The Trade Deficit, the Factory Orders and the Consumer Credit. All came out much worse than expected. Most of the economic data that has been coming out has been bad.

Related exchange traded funds: SPDR S&P 500 Index ETF (SPY), SPDR Dow Jones Industrial Average ETF (DIA), Nasdaq 100 Index ETF (QQQ)

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

Central Banks Are Playing With Fire

Topics: Central banking intervention, monetary policy, consumer prices;

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

U.S. Trade Deficit In Manufacturing Goods Hits Record High

Topics: China`s trade surplus, U.S. record trade deficit;

Related trading instruments: SPDR S&P 500 Index ETF (SPY), SPDR Dow Jones Industrial Average ETF (DIA),

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

U.S. Economy: Trade Deficit & Job Creation

If we were creating productive jobs our trade deficit would be going down but because we are not creating those type of jobs we have to import what our people are not making even if they are working, they are working in goods producing areas, which is where they need to be.

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

Is Germany Opposing An European QE?

Germany is not just one country. Germany has a lot of weight. And my guess is if the Bundesbank does not want QE, it is not going to happen. It is not like it is going to happen over their objection.

So they are going to have to convince the Germans that QE is necessary and that QE is helpful. And I think that is going to be a very difficult hurdle to overcome.

Related indexes: Dax 30 Index, Eurostoxx 50 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.