The Federal Reserve Will Be Forced To Raise Rates

When I say the Fed is never going to raise rates, I am talking about on its own terms, because the Fed wants to. I know that eventually they are going to have to. See, that is another difference between me and Yellen, or something that Yellen does not understand.

I know that at some point the Federal Reserve is going to lose control of this process and they are going to have to raise interest rates. And then it is going to be a complete catastrophe, it is going to be much worse. The crisis that the Fed is trying to avoid by keeping rates at zero is going to be much bigger when it is ultimately forced to raise them from zero and of course it is going to have to raise them much higher because it has waited so long.

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

Interest Rates At Zero Forever?!

In the Q&A that immediatelly followed the official announcement Janet Yellen admitted that she could not rule out the possibility that interest rates would stay at zero forever!

Trading Tickers: SPDR Gold Trust ETF (GLD), Market Vectors Gold Miners ETF (GDX)

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

Podcast: Interest Rates At Zero Forever

Janet Yellen actually admitted that interest rates could stay at zero ...  forever.

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

The Reason Why The Fed Will Not Raise Rates Today

Peter Schiff explains in simple terms why the Federal Reserve is not likely to raise interest rates later today in the most anticipated FOMC meeting in many years.

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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 Is The Fed So Worried About Raising Rates?

That`s what they are worried about. They are worried about pricking it. That is the serious error that this former Yellen aid is talking about. It`s a recognition that this economy is a bubble and that it will be an error to prick that bubble.

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

Fed Meeting: Odds Are That They Will Not Raise Rates

Peter Schiff does not expect the Federal Reserve to raise interest rates this week in a highly anticipated Fed meeting.

Tickers: SPDR Gold Trust ETF (GLD), SPDR S&P 500 Index ETF (SPY), iShares Russell 2000 Index ETF (IWM), 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.