Oct 26, 2015

ECB: Will They Really Expand QE Or Taper It Off?


Draghi said in the press conference that they talked about expanding their QE program. They were trying to talk the Euro down and they may even taper QE in the future.

Related indexes: Dax Index, Eurostoxx 50 Index, Cac 40 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.

Oct 23, 2015

Gold Stocks Are At Ridiculous Low Levels


Peter Schiff considers that gold stocks are very cheap and that they are currently trading at ridiculous low levels.

Related stocks:  Newmont Mining (NEM), Barrick Gold (ABX), Goldcorp (GG), NovaGold (NG), 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.

Oct 21, 2015

The Bullish Case For Gold


The investment thesis that kept investors away from gold are reversing and investors will soon be fearing QE4 and that is very bullish for gold.

Trading: SPDR Gold Trust ETF (GLD), Market Vectors Gold Miners ETF (GDX), Newmont Mining (NEM), Goldcorp (GG), Barrick Gold (ABX)

Oct 20, 2015

Negative Interest Rates


The Great Recession started with interest rates at 5 percent, so they had plenty of room to lower them before they did QE. But when this greater recession is about to start and interest rates are at zero at the beginning, so what are they going to do? Negative rates might be the only thing they can think of.

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!

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