April Retail Sales have missed estimates in four out of the last five monthly reports. The year over year rise of just 0.9 percent was the weakest report since November of 2009.
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
May 13, 2015
May 12, 2015
What The Federal Reserve Is Afraid Of
The reality is, the economy is weakening and is weakening rapidly. The markets, the pundits, the economist and the Federal Reserve do not want to acknowledge the obvious because they are afraid of the way the markets might react to 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.
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
May 11, 2015
The Stock Market Is Sensing That The Fed Is "On Pause"
I think the stock market is sensing that this means the Federal Reserve is on pause, which of course it is because this really is not a good number regardless of the way people want to spin 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.
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 Jobs Report Is Awful Beneath The Surface
If you look beneath a very superficial layer, what you reveal is a very ugly picture when it comes to the April jobs report. But nobody wants to do that. They don`t want to bother or they are afraid of what they might see.
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.
May 8, 2015
Gold: Some Overhead Resistance Above 1,200 Dollars
Gold is just below 1200 dollars an ounce. Its really been banging up and down. Every time it gets above 1200 they seem to smash it back down but of course whenever they smash it back down the buyers show up, so they really can`t break the market but there is still an overhead resistance to keep it from exploding.
But I think eventually the buying is going to overtake the selling and we will run out of sellers in the gold market and when it finally goes up, it is going to go up in a rather spectacular way.
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
But I think eventually the buying is going to overtake the selling and we will run out of sellers in the gold market and when it finally goes up, it is going to go up in a rather spectacular way.
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
May 6, 2015
Video: Why Gold Will Go Ballistic
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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