Oct 19, 2015

Federal Reserve: For How Long Will They Be Able To Keep Playing This Game?


When will the markets figure out the game the Federal Reserve is playing?

Trading tickers: SPDR S&P 500 Index ETF (SPY), SPDR Dow Jones Industrial Average ETF (DIA), Nasdaq 100 Index ETF (QQQ), iShares Russell 2000 Index ETF (IWM)

Oct 16, 2015

Wal-Mart (WMT): A Super Bear Market

Wal-Mart (WMT) got clobbered. The stock was down 10 percent on the day, one of the biggest down days in the history of Wal-Mart (WMT). And in fact if you look at where the stock is today, it is down 33 percent form its 52-week highs. 33 percent! Remember a bear market is down 20 percent, so this is a super bear market.

And we could be down another 10 dollars. It is trading at 60 dollars now, I think Wal-Mart (WMT) can go to 50 dollars pretty quickly. I am not giving any stock recommendations, I am not telling you to short Wal-Mart (WMT) but if I am right and it goes to 50 dollars that is where it was 10 years ago!

Oct 15, 2015

The Economic News Are Getting Worse and Worse


Peter Schiff discusses the economic outlook and how the Federal Reserve will play the game.

Trading: Select Sector Financial Select Sector SPDR ETF (XLF), SPDR S&P 500 Index ETF (SPY), SPDR Gold Trust ETF (GLD), iShares Silver ETF (SLV)

Oct 13, 2015

The Experts Are Wrong On The Economy

I think a lot more economic data will come out before the general public can accept that I am right. Not really the general public but the so-called "experts" on the economy. The same experts that basically said that there was a 90 percent chance that the Federal Reserve was going to raise rates by December. I was saying that the chance was close to zero and now that we got this horrible jobs report, the experts are changing their forecasts and now they are saying, now that we got this new information maybe the Federal Reserve will wait until March.

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

Oct 12, 2015

Gold And Silver Are Still Cheap

Peter Schiff expects gold to break higher soon. Gold and silver are not only cheap compared to where they have traded in the past but especially to where they might trade in the future.

Reading tickers: SPDR Gold Trust ETF (GLD), iShares Silver ETF (SLV)

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

Oct 9, 2015

The Fed Will Not Raise Rates And That Is Bullish For Gold


The Federal Reserve will not be raising interest rates anytime soon and that will be very bullish for gold and silver. Even Goldman Sachs (GS) is now expecting the Fed to raise rates only in...2017!

Trading tickers: SPDR Gold Trust ETF (GLD), Market Vectors Gold Miners ETF (GDX), iShares Silver ETF (SLV), Goldman Sachs (GS)

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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