May 6, 2016

Why The Federal Reserve Will Not Raise Interest Rates

The economic data is just too weak and the election too close for the Federal Reserve to actually take a chance at raising interest rates again given what a big disaster it was when it raised interest rates in December. (SPDR S&P 500 Index ETF (SPY), Nasdaq 100 Index ETF (QQQ), iShares Russell 2000 Index ETF (IWM))

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

Gold Stocks: Still In The Early Stage Of A Big Bull Market

I think this is still the early stage of a big, big bull market in gold mining stocks, so do not let the noise shake you out. (Market Vectors Gold Miners ETF (GDX), Market Vectors Junior Gold Miners ETF (GDXJ), NovaGold (NG), Newmont Mining (NEM), Barrick Gold (ABX), Goldcorp (GG))

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 5, 2016

Gold Will Get To 1,500 USD Relatively Soon

I think gold will go a lot high. Once we get through 1,300 dollars an ounce, we are knocking on the door, I think we can move up to 1,500 dollars an ounce relatively soon. (SPDR Gold Trust ETF (GLD), Market Vectors Gold Miners ETF (GDX), Market Vectors Junior Gold Miners ETF (GDXJ), Newmont Mining (NEM), Goldcorp (GG), Barrick Gold (ABX))

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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