Jan 28, 2014

Yellen Is A Believer In Cheap Money, Inflation

Yellen is very much a believer in cheap money and inflation, Keynesian economics. She is going to be under a lot of pressure to try to stimulate the economy, to create jobs, and she can`t do that by printing money but she does not know that.

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

Bigger Crisis Coming

You have seen a rise in the stock market, you have seen a rise in the real estate market but that is not because of a good economy. It`s because of bad monetary policy. It`s the same monetary policy that resulted in the 2008 financial crisis. I think we are going to have a bigger economic crisis coming.

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

Jan 27, 2014

Gold: Bull Market Has a Long Way To Go

From where we are today, I think the bull market has a long way to go. I think that the fundamental factors that the gold doubters have been ignoring all along, I think those factors are even stronger then ever.

I think what happened in 2013 was, some of the people that had been very skeptical of gold, they got out. They came in maybe in 2010, 2011, they finally got into the market and they all decided at one time that they did not want to be there. And it`s all based on the false expectations of a U.S. economic  recovery, which I think it`s an illusion.

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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