U.S. Trade Deficit In Manufacturing Goods Hits Record High

Topics: China`s trade surplus, U.S. record trade deficit;

Related trading instruments: SPDR S&P 500 Index ETF (SPY), SPDR Dow Jones Industrial Average ETF (DIA),

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: Trade Deficit & Job Creation

If we were creating productive jobs our trade deficit would be going down but because we are not creating those type of jobs we have to import what our people are not making even if they are working, they are working in goods producing areas, which is where they need to be.

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

Is Germany Opposing An European QE?

Germany is not just one country. Germany has a lot of weight. And my guess is if the Bundesbank does not want QE, it is not going to happen. It is not like it is going to happen over their objection.

So they are going to have to convince the Germans that QE is necessary and that QE is helpful. And I think that is going to be a very difficult hurdle to overcome.

Related indexes: Dax 30 Index, Eurostoxx 50 Index;

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

Europe: QE or No QE?

The disappointment was that Draghi was not more forthright with, "Yes, we are doing QE for sure, and here is when it is going to start, and these are the particular sovereign bonds we are going to buy." He was still being evasive, he was still saying, "Well, if the circumstances are right, if we feel it is necessary, then maybe we will do it. There`s no guarantees."

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

ECB: Considering Buying Everything Except Gold

Topics: European Central Bank (ECB) asset buying program, gold;

Related trading instruments: SPDR Gold Trust ETF (GLD), Gold Futures

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

Falling Oil Prices Are Good For The European Economy

Falling oil prices are a good thing. They are good for the European economy. The only problem is that the low prices are not going to last, I think it is temporary. But the idea that Europe needs inflation is a complete and utter nonsense. Economies benefit from falling prices. Imagine if crude oil was free, if Europeans could have all the oil they wanted and did not cost anything. Wouldn't that be fantastic?

Related exchange traded funds: Energy Select Sector SPDR ETF (XLE), United States Oil Fund LP ETF (USO)

Related stocks: ConocoPhipllips (COP), Exxon Mobil (XOM), Marathon Oil (MRO), Schlumberger (SLB), Halliburton (HAL)

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