Employment Report: We Did Not Gain Any Good Jobs

Average hourly earnings went down. Probably because we did not gain any good jobs. We actually lost 1,000 manufacturing jobs in March, compared to a gain in February.

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

Why The Fed Wants Inflation? To Sustain The Bubbles.

We have bubbles in the stock market, we have bubbles in the real estate market and we need inflation to sustain them. That is the truth! But they do not want to cmd up with the truth so they come up with these BS explanations.

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

Inflation Will Bail Out The Debtors

In the U.S. where everybody is massively in debt including the government the debtors will have relief if inflation bails them out. But that is not an argument that inflation is a good thing it just allows the debtors to default on the creditors. So the debtors win and the creditors lose.

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: The Old Saying About Lies

There is the old saying about lies, if you repeat them often enough and say them loudly enough eventually people will accept it as being the truth. And I think everybody has succeeded on that when it comes to blaming the bad news on the weather.

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

Inflation And The Minimum Wage Hike

Inflation papers over the economic consequences of the minimum wage hike by reducing the value of the money earned.

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

Wall Street Traders Are Getting Gold Wrong

We have nothing but bad economic news nothing but more promises of more inflation and more money printing and we have still the price of gold under pressure because I think a lot of Wall Street traders who are shorting and are as bold as ever in their predictions that gold is going back down to 1,000 dollars. They just don`t understand the economy, they just don`t understand inflation or monetary policy. But I think its a great opportunity for people to load up on gold and silver because everything that Janet Yellen said and everything she is going to do, which is more important, will be bullish for gold.

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