May 13, 2014
Inflation Showing Up In Food
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
May 12, 2014
Stocks: The Stealth Correction
The stealth correction or the bear market continues beneath the surface as companies report their earnings and if they are not stellar, if they don`t beat the estimate and come out with a very positive forward guidance, they are just taking these stocks out and shooting them. One after another these stocks are going down.
Related ETFs: 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.
Related ETFs: 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.
May 10, 2014
The U.S. Is The Biggest Inflation Creator In The World
We will always print more money than anybody else. We are going to be the biggest inflation creator in the world. In fact, that is America`s best export. It`s inflation.
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
Central Bankers Are Embracing Inflation
When we have these central bankers embracing inflation, saying that their goal is inflation, and what they are fighting is not inflation but an absence of inflation. If inflation is too low, they are going to do something about it.
And you have the ECB (European Central Bank) saying that interest rates are going to stay at 0.25% or lower for an indefinite period of times the ECB makes sure that we have more inflation. That is 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.
And you have the ECB (European Central Bank) saying that interest rates are going to stay at 0.25% or lower for an indefinite period of times the ECB makes sure that we have more inflation. That is 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.
May 9, 2014
Concern About A Strong Euro Is Bullish For Gold
Mario Draghi of the ECB is "concerned" about a strong euro because it might lower inflation. This comment is bullish for gold because both the euro and the dollar are losing value.
Related trading instruments: SPDR Gold Trust ETF (GLD), EURUSD;
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
Related trading instruments: SPDR Gold Trust ETF (GLD), EURUSD;
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
May 8, 2014
Yellen Demonstrates So Much Ignorance
This demonstrates so much ignorance. Number 1: She thinks inflation is caused by economic growth.
So she thinks the only time we have to worry about inflation is when we have a lot of economic growth. that might cause it. Not only does Janet Yellen think that economic growth causes inflation, she thinks inflation is a prerequisite to economic growth, that the economy cannot grow unless there is inflation.
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
So she thinks the only time we have to worry about inflation is when we have a lot of economic growth. that might cause it. Not only does Janet Yellen think that economic growth causes inflation, she thinks inflation is a prerequisite to economic growth, that the economy cannot grow unless there is inflation.
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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