Mar 16, 2016

This Commodity Move Is Real, We Are In A New Bull Market

The commodity currencies that have been rising are going to continue to rise against the U.S. Dollar. You are going to continue to see strength in latin America currencies, you are going to continue to see strength in Asian currencies and this means this commodity move is real, we are in a new bull market. (United States Oil Fund LP ETF (USO), Market Vectors Gold Miners ETF (GDX), SPDR Gold Trust ETF (GLD), Energy Select Sector SPDR ETF (XLE), Nymex Copper Futures, Nymex Crude Oil 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.

U.S. Dollar: The Fed Is About To Launch A New Easing Cycle

The Federal Reserve is about to launch a new easing cycle. As the European Central Bank (ECB) is ending its easing program, we are beginning our easing program, we are ending our tightening program.

Related: Euro / U.S. Dollar (EURUSD)

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

Mar 15, 2016

U.S. Elections: There Is No Chance Hillary Would Be A Good President

A lot of people are under the impression that I am endorsing Donald Trump because I have said some positive things about him and his campaign. But I want to make it clear that I am not doing that. I am not convinced that he is going to be a good President although it is possible that he could. I think there is no chance that Hillary Clinton would be a good President, I am pretty sure that is clear but Donald Trump is a wild card.

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

Mar 14, 2016

The Economy Is Rapidly Losing Momentum

The economy is rapidly losing momentum, in fact the jobs number that came out, everybody wants to pretend that was such a great report. 90 percent of the jobs that were created were part time jobs.

Believe me, people want full time jobs, they do not want part time jobs.

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

Mar 13, 2016

QE4 Will Push Commodity Prices Up Even Faster

I think we are going to do QE4 before the election and that is really going to push commodity prices up even faster. (United States Oil Fund LP ETF (USO), SPDR Gold Trust ETF (GLD), Nymex Copper 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.

Mar 11, 2016

Commodities: The Supply And Demand Dynamics Are Beginning To Shift

As the Dollar comes down, it increases demand for commodities because they are priced in dollars and so when the U.S. Dollar goes down it brings down the price of commodities and demand is very sensitive to price, the lower the price the bigger the demand.

The supply and demand dynamics are beginning to shift and I think we are going to see much much higher prices as the year progresses and in the following several years. (United States Oil Fund LP ETF (USO), Nymex Crude Oil Futures, 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.

Blog Archive