Aug 24, 2016

Markets: Get Out Of The U.S. Dollar As Quickly As You Can

My advice is, pay attention to what the Federal Reserve has just said, pay attention to what they are about to do and do something about it. That means getting out of the U.S. Dollar and get into gold and silver as quickly as you can.

Because if I am right and this policy does become official Fed policy next year, the U.S. Dollar is about to fall through the floor and gold is about to explode through the roof. (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.

Aug 23, 2016

The Federal Reserve Wants More Inflation

The Federal Reserve wants more inflation. And what the Federal Reserve is saying is because they do not have room to lower interest rates very much because they are already practically at zero, the way to lower interest rates is to have more inflation so that we have lower real interest rates.

Related stocks and exchange traded funds: Market Vectors Gold Miners ETF (GDX), SPDR Gold Trust ETF (GLD), Market Vectors Gold Miners ETF (GDX), Newmont Mining (NEM), 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.

Aug 22, 2016

The Federal Reserve Will Go All-In

What the Federal Reserve is about to do will have the effect of basically putting the final nail in the economic coffin of the United States. The Federal Reserve is about to go all in on the failed policies of the past. They have completely misdiagnosed this disease.

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

Traders Are No Longer Buying What The Federal Reserve Is Selling

Traders are no longer buying what the Federal Reserve is selling. Because even though the Federal Reserve is talking about raising interest rates, the U.S. Dollar went down and Gold went up. People are paying more attention to what the Federal Reserve is actually doing rather than what they they are pretending they are going to do.

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

Aug 10, 2016

Bitcoin Is Just Too Volatile To Be Money

Bitcoin is just too volatile to be money. At best it is just an asset, a speculative asset. It does have liquidity similar to money, you can exchange it.

Ultimately though the value of a Bitcoin may prove to be zero because it does not have any value if people do not want to use it as a medium of exchange or store of value because there is no real value there to store.

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

Aug 8, 2016

Good News Is Bad News When It Comes To The Stock Market

Good news is bad news when it comes to the stock market because the only thing propping up the stock market is cheap money and in order to keep the cheap money flowing the economic news has to be bad.

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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