How To Use Your Overpriced Dollars

There are a lot of currencies that have gone way down because speculators have bet that the Federal Reserve will raise interest rates and this has suppressed the value of these currencies.

So, rather than taking a vacation in these countries to take advantage of a cheap hotel room, use your overpriced U.S. Dollars to make some strategic investments in their stock markets.

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

Investing: International Diversification

I think there is a whole world out there, in particular certain countries that do not have anywhere near the enormity of the problems that the United States does. In fact, if I were as convinced as everybody else that the Federal Reserve was actually going to raise rates sometime this year, I would be even more negative on the U.S. stock market than I am now.

Because I think the Federal Reserve is going to rescue the stock market with QE 4 but when do do that they sacrifice the U.S. Dollar.

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 Economy is Slowing Down And Inflation Is Picking Up

So again, here we have horrible economic data, data so bad that we have to go all the way back to the Great Recession to find data that is comparable and inflation is getting worse. The inflation is picking up despite the fact that the economy is slowing down and somehow this is supposed to be good news? Somehow we are supposed to look at this as victory for the Federal Reserve, that we are now now moving into stagflation?

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: More Bad News, Philly Fed Just Off A 15-Month Low

We went down again to 6.70 for the Philly Fed Index, we are just off a 15-month low in that index and we have now missed expectations five out of the last 6 months that number has come in below estimates.

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

This Is Stagflation

The fact that inflation is heating up just as the economy is cooling down should not be a positive sign. I mean, this is stagflation. Why would they be happy about that? Because all the economic data has been soft and now we have higher inflation.

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

Federal Reserve: Raising Interest Rates Is The Last Thing They Want To Do

They do not want to admit that raising interest rates is impossible without pricking the bubble that that they do not want to admit that exists. So, the last thing they really want to do is to raise interest rates.

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