The markets are starting to validate what I have been saying. The Dollar is just starting to break down, technically it does not have much support here. I see an acceleration in the weakness of the U.S. Dollar.
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
May 3, 2016
May 2, 2016
Dollar Weakness, Gold Strength Caught Wall Street By Surprise
The U.S. Dollar closed on the low of the month. The Dollar Index barely held the 93 handle. The Dollar is weak across the board. I think year to date now the Dollar Index is down about 6 percent. Nobody expected this! At least nobody in the conventional Wall Street, fund managers, hedge fund managers. They all expected the opposite. The same thing with gold.
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
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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