Oct 12, 2016

The Only Thing That Is Bad For Gold

The only thing that is bad for gold is if Janet Yellen goes Paul Volcker and really decides to jack interest rates up so that real interest interest rates spike up. That would be negative for gold. Just a quarter point interest rate hike? The inflation is going to be rising faster than any Fed rate hikes. The Federal Reserve is going to be behind the curve the entire time. (SPDR Gold Trust ETF (GLD), Market Vectors Junior Gold Miners ETF (GDXJ), Market Vectors Gold Miners ETF (GDX), Newmont Mining (NEM), Barrick Gold (ABX), Goldcorp (GG), NovaGold (NG), Hecla Mining (NL))

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: This Sell-Off Is A Buying Opportunity

I think this is a great buying opportunity. I think this sell-off in Gold is way overdue , in Silver as well. (SPDR Gold Trust ETF (GLD), iShares Silver ETF (SLV), 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 11, 2016

U.S. Election: Trump Won The Debate

Anybody that has objectively watched this debate is going to conclude that Trump won. I was pretty critic of Trump`s performance in the first debate and while I do not think this one was perfect, there were a couple of things I would have liked him today, I think he did about as good as a job he could have done. I think he has advanced his standings on this debate.

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 10, 2016

Gold: The False Narrative

People are still wedded to this narrative that the Federal Reserve is going to raise interest rates. Why?

Related Exchange Traded Funds: SPDR Gold Trust ETF (GLD), Market Vectors Gold Miners ETF (GDX), Market Vectors Junior Gold Miners ETF (GDXJ)

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

Forex: British Pound Flash Crash, U.S. Dollar Risks

One of these days that is going to happen to the U.S. Dollar, and it is not a flash crash, it is going to be a real crash. But it shows you that major currencies can make big moves.

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 7, 2016

Markets: Gold, Economic Recovery & Fed Policy

I have been a buyer of Gold for a while and it is not because of uncertainty, it is because of things that I certain of. I am certain all this talk about a recovery is wrong. The recovery is an illusion, it is just a gigantic bubble. That is a thing that Donald Trump got right. This is a bubble and the Federal Reserve is scared of letting it pop, they are doing everything they can to keep blowing air into it.

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