Jun 28, 2016

Switzerland Is The Strongest Economy In Europe

They talk about making Britain more like Switzerland. That would be a great thing. Switzerland is not in the EU and they have the strongest economy in Europe. So you do not have to be in the European Union to have a strong economy, in fact a lot of the countries in Europe are struggling because of the burden of regulation coming out of Brussels. (FTSE 100 Index, SMI Swiss Market 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.

Jun 27, 2016

The Markets Are Way Overreacting

I think the markets are way overreacting to what the implications are for the U.K. to leave the European Union. (SPDR S&P 500 Index ETF (SPY), SPDR Dow Jones Industrial Average ETF (DIA), Euro Currency Futures, 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.

Jun 22, 2016

Yellen Is Still Pretending

Janet Yellen is still pretending the Federal Reserve will eventually allow its balance sheet to shrink. It will not shrink, it will explode to new highs!

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 21, 2016

The Gold Trade

Somehow a lot of people jump to the conclusion that the gold trade is an uncertainty trade, a political chaos trade but that is not really what is going on here. The price of gold is not going up because of what is going on in Europe. It is going up because of what is happening in the United States, more specifically in Washington and even more specifically at the Federal Reserve.

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 20, 2016

Gold & The British Referendum

I think gold (SPDR Gold Trust ETF (GLD)) is going to go up regardless of the way the British vote. I think they should vote to leave but wether they stay or wether they go its not going to influence my decision wether or not I want to own gold. (Market Vectors Junior Gold Miners ETF (GDXJ), Market Vectors Gold Miners ETF (GDX), Newmont Mining (NEM), Barrick Gold (ABX), Goldcorp (GG))

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 15, 2016

The Next Crisis Will Be A Dollar Crisis

We are not prepared for what is about to happen which again will be much worse than the 2008 financial crisis. It is going to be a dollar crisis, it is going ultimately to be a sovereign debt crisis and it is going to bring this bubble economy to its knees. (iShares Russell 2000 Index ETF (IWM), SPDR S&P 500 Index ETF (SPY), 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.

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