China: No Evidence That Demand For Gold Will Slow

Contrary to news from Goldman Sachs and the Wall Street Journal, there is no evidence to suggest that China is going to buy less gold in 2014.

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: The Bullish Case For Gold

Related stocks and ETFs: SPDR Gold Trust ETF (GLD), iShares Silver ETF (SLV), 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.

People Are Starving For Yield

Will all this cheap money, because Central Banks have got interest rates too low, people are starving for yield even if it means lending money to Greece. But if this was a free market, if there was no moral hazard, if there was no government bailouts, Greece would not have a chance of borrowing this money, which would be good for Greece because going deeper into debt is not the solution to their problems, its compounding their problem.

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

Markets: Everything Is Reversing From 2013

It seems like everything is reversing from 2013. A lot of the hot momentum stocks that were doing well in 2013 are the ones that are getting clobbered in 2014. Gold did poorly in 2013, doing really well in 2014. So a lot of the insanity of 2013 being reversed now in 2014. I expect that to continue.

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

What The Stock Market Really Wants

I think what the markets really wants is for the Federal Reserve to halt the taper. And they may not have to wait much longer, in my opinion they are going to get just that. Especially if the stock market keeps going down.

Related ETFs: Select Sector Financial Select Sector SPDR ETF (XLF), SPDR S&P 500 Index ETF (SPY), Nasdaq 100 Index ETF (QQQ)

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 Can`t Raise Interest Rates

This is what is so unique to this situation. They had to bring rates all the way down to zero, which is the lowest they can go. They had bring them down to 1 percent in the last Greenspan recession and at that point it was the lowest they had been. Now they had to go all the way to zero. But what is different is that not only did they have to bring their rates down to zero to get the recovery but they could`t even raise them at all. We now have so much debt that we can`t even handle the slightest increase without going into 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.