We're near the end of the game and unfortunately Trump's gonna be the fall guy. This thing is all gonna collapse while he's President and he owns the stock market bubble and he and the Republicans own the economy now thanks to these tax cuts. They're not gonna make any difference but they are gonna give the Democrats a reason to blame it all on Trump and the Republicans. We are getting closer to this collapse.
Jan 29, 2018
The US Economy Is Going To Blow Up
"The economy is gonna blow up but you know, it's gonna blow up like a bomb!" - Peter Schiff, in InfoWars (January 2018)
Jan 19, 2018
Why Wall Street Is Wrong About Gold Stocks
Peter Schiff in a recent article explains why Wall Street is wrong about gold stocks:
"When they see the price of gold going up, they’re like, ‘Well, why is the price of gold going up? I mean, what’s the point. The economy is great. There’s no inflation. The Fed is raising rates. Nobody’s buying gold. If it’s going up, it’s just going to go down.’ And so nobody sees the urgency to buy gold stocks the way they see the urgency to maybe buy oil stocks. But this is because they’re wrong. They think there is nothing to worry about. There is everything to worry about. There are so many things – there have probably never been more things to worry about. And the crazy thing is people aren’t worried about any of them. It’s probably because of the mania, because of the bubble. When you get into that mentality, nothing worries you.”
Related stocks: Goldcorp (GG), Newmont Mining (NEM), Barrick Gold (ABX), NovaGold (NG), Market Vectors Gold Miners ETF (GDX)
Stock Market: The Hidden Risks
In a recent article with Seeking Alpha, Peter Schiff highlights the hidden risks that might disrupt the stock market in th near future:
"Everybody thinks the economy is in great shape because they think the Fed solved the problem. No, they didn’t. They made the problem much worse! They made the problem that they created worse. But the people who think they solved it are the same people who didn’t understand it before. And they got blindsided in ’08 and they’re going to get blindsided again because they never learned from their mistakes.”
Related trading instruments: SPDR Dow Jones Industrial Average ETF (DIA), SPDR S&P 500 Index ETF (SPY), Nasdaq 100 Index ETF (QQQ)
Jan 16, 2018
Inflation Is Bullish For Gold
The stock market
should be affected by higher interest
rates but no, they don't care but they
somehow think it's going to be bad for
gold. But the reality is higher inflation
is great for gold, that's why people buy
gold as it's a hedge against inflation. So
the more inflation the more demand there
is for gold.
Related trading instruments: SPDR S&P 500 Index ETF (SPY), iShares Russell 2000 Index ETF (IWM), SPDR Dow Jones Industrial Average ETF (DIA), SPDR Gold Trust ETF (GLD)
Jan 12, 2018
Stock Market: Heading For A Crisis
This is
the best start since 2006 and of course
people who were buying stocks in 2006
had no idea of the magnitude of the
financial crisis that would hit the
market in 2008 well the same people are
even more clueless today because the
crisis that we're heading for is going
to be much much bigger much worse than
the one in 2008. (SPDR Dow Jones Industrial Average ETF (DIA), SPDR S&P 500 Index ETF (SPY), Nasdaq 100 Index ETF (QQQ), iShares Russell 2000 Index ETF (IWM))
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