Entrepreneurship is at generational lows right now in the United States. Yes, you hear the stories of somebody that starts a social media company and becomes a billionaire but those are the rare exceptions. Most young people can`t afford to start businesses because they are loaded up with college debt.
Related stocks: Facebook (FB), Twitter (TWTR), LinkedIn Corp (LNKD)
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
Jun 17, 2015
The Government Just Made The U.S. Dollar Even Less Desirable
As if the U.S. Dollar did not have enough trouble, the government just made the U.S. Dollar even less desirable by increasing the regulatory burden on everybody around the world that makes transactions in U.S. Dollars. FATCA, the Patriot Act and all those anti money laundering laws, it is very difficult now globally to bank and transact in U.S. Dollars.
Related trading instruments: EURUSD forex cross, USDJPY forex cross, AUDUSD forex cross, GBPUSD 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.
Related trading instruments: EURUSD forex cross, USDJPY forex cross, AUDUSD forex cross, GBPUSD 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.
Jun 12, 2015
Consumer Comfort Index Is Making A Record-Breaking Losing Streak
Bloomberg`s Consumer Comfort Index fell to its lowest level since November, extending its record-breaking losing streak to nine consecutive weeks!
Related ETFs: SPDR Dow Jones Industrial Average ETF (DIA), Select Sector Financial Select Sector SPDR ETF (XLF), SPDR S&P 500 Index ETF (SPY)
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 ETFs: SPDR Dow Jones Industrial Average ETF (DIA), Select Sector Financial Select Sector SPDR ETF (XLF), SPDR S&P 500 Index ETF (SPY)
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: Plunging Profits, Productivity & Rising Labor Costs
If you have plunging corporate profits, you have plunging productivity, surging labor costs, what would a rational person believe is likely to follow, layoffs! It has to happen.
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.
Jun 11, 2015
Gold Market Outlook
Related trading instruments: SPDR Gold Trust ETF (GLD), Barrick Gold (ABX), Goldcorp (GG), Market Vectors Gold Miners ETF (GDX), Newmont Mining (NEM)
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
Jun 10, 2015
U.S. Economy: A Declining Productivity Is Not A Good Sign
One of the worst pieces of news that came out was the revision to the first quarter productivity. It declined by 3.1%. That is a big drop. Remember this are back to back declines because we also had a decline in the forth quarter of last year. That has not happened since 2006!
Related Exchange Traded Funds: Select Sector Financial Select Sector SPDR ETF (XLF), SPDR S&P 500 Index ETF (SPY)
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 Exchange Traded Funds: Select Sector Financial Select Sector SPDR ETF (XLF), SPDR S&P 500 Index ETF (SPY)
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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