Federal Reserve: QE Has Not Worked!

Related trading instruments: SPDR S&P 500 Index ETF (SPY), Select Sector Financial Select Sector SPDR ETF (XLF), SPDR Gold Trust ETF (GLD), Bank of America (BAC), J.P. Morgan (JPM), Facebook (FB), Netflix (NFLX), Twitter (TWTR), Tesla Motors (TSLA)




















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

Federal Reserve: Their Plan Is To Launch QE4

Related trading instruments: Select Sector Financial Select Sector SPDR ETF (XLF), SPDR Gold Trust ETF (GLD), SPDR S&P 500 Index ETF (SPY)

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

Bitcoin: Don`t Buy The Dips

The downturn has resumed with a vengeance. (...) I don`t see any significant support in this market and I still think we are headed quite a bit lower between now and the end of the year. There may be some bounces but these are simply opportunities in my opinion to sell. I don`t think the name of the game is to try to buy dips in Bitcoin.

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

Gold & Silver: Opportunity To Buy

These are opportunities. And again, I don`t know when the irrationality is going to stop. I just know that the markets aren`t rational right now and it can stay that way for a while longer. But as long as we are not using leverage, as long as we are buying things we can afford and not overextending ourselves, it does not matter if the market goes against if in the long run we get the direction right.

And eventually, the short term losses, if the markets move against us, end up being long term gains, which I rather have. I rather have a short term loss and a long term gain than a short term gain but a long term loss.

Related stocks and ETFs: Newmont Mining (NEM), Barrick Gold (ABX), NovaGold (NG), Hecla Mining (NL), Goldcorp (GG), iShares Silver ETF (SLV), 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.

Markets Are Forming A Top

I still believe that the stock market is in the process of making a top and will in fact roll over if the Federal Reserve does not come out and take the interest rate hikes off the table and unveils a new round of QE, or reverse the taper. If Yellen does that before the market breaks down than she will avert the bear market. But if she waits until after it breaks down, obviously she will be reacting to it.

But either way, the markets are in the process of forming a top, at least a short term top until the federal Reserve gives in and gives the addicts what they need, wether they need it or not.

Related trading instruments: Select Sector Financial Select Sector SPDR ETF (XLF), SPDR S&P 500 Index ETF (SPY), Energy Select Sector SPDR ETF (XLE), Nasdaq 100 Index ETF (QQQ), Bank of America (BAC), J.P. Morgan (JPM), Citigroup (C), Facebook (FB), Netflix (NFLX), Tesla Motors (TSLA), Twitter (TWTR)

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: Employment Report Analysis

Related ETFs: SPDR Dow Jones Industrial Average ETF (DIA), Select Sector Financial Select Sector SPDR ETF (XLF), 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.