Feb 6, 2014

Video: Gold Market Outlook



Related stocks and ETFs: Newmont Mining (NEM), Barrick Gold (ABX),  Goldcorp (GG), Market Vectors Gold Miners ETF (GDX), 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.

Feb 5, 2014

The Markets Will Be In A Downtrend Until The Fed Gives In

That is why the markets are going down now, they are starting to discount the removal of the QE and I think the markets will be in a downtrend until the Federal Reserve gives in and gives the market another fix. That is what the market needs to sustain the excess valuations. That is what we need to maintain the illusion of a recovery and that is what the Federal Reserve is going to deliver.

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

Video: Why The Markets Are Going Down



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

Feb 4, 2014

U.S. Economy: The Recovery is Just An Illusion

I don`t think the economy is actually doing well, that is the problem. It`s just an illusion, it`s the stock market going up, it`s the real estate market going up, it makes people think the economy is doing well but it`s actually doing lousy because the monetary policy that is needed to prop up these bubbles is preventing the kind of restructuring that we need in this economy to actually produce legitimate economic growth and good jobs. That is why when you actually poll the public and ask the people how they feel, to them it feels like a recession.

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

Feb 3, 2014

The Markets Are Going To Continue To Decline

Right now the markets are going to continue to decline as long as the fed stays on this taper timeline. And I think the Fed is going to be connaissance of that. If you remember, they are basing the taper on the recovery which is the result of the wealth effect of a rising stock market and a rising real estate market. That allows us to lever up and borrow more money to buy more stuff that we can`t afford. But as these bubbles deflate, because the Fed is threatening to remove the props, now all of a sudden the recovery disappears, we are heading right back into recession and the only way to stop the markets from falling and reverse the illusion of a recovery is to do more QE and that is what the Fed is going to do, unfortunately.

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

Feb 1, 2014

Video: Investing, Real Returns


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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