Peter Schiff explains the long term ramifications of the dovish speech by the Federal Reserve Chairman Jerome Powell:
Peter Schiff: The Fed Is Going To Let The Inflation Genie Out Of The Bottle
Aug 28, 2018
Aug 27, 2018
Hedge Funds Are Net Short Gold
The catalyst for the rise in gold
and the decline in the US Dollar I believe
was the dovish speech given by Jerome
Powell in Jackson Hole. (...) Remember we've got a lot of people who
are short gold. Now for the first
time since 2001 the hedge funds are net
short gold and I think they can get caught in a losing trade and have to
scramble to buy back the gold that they
sold.
Aug 24, 2018
A New Crisis Is Coming
We’re seeing a lot of warning signs people should be worried about, but again they’re dismissing them, much the way they did 10 years ago. You know, we’re getting close to the 10-year anniversary of the 2008 financial crisis. Remember, the whole thing started in August of 2008. Here we are August 2018, 10 years later. I think we’re heading for an even bigger crisis and the same people are even more clueless.
We Are Headed Into a Massive Recession
We are headed into a massive recession. Trump bought the economy some time with the tax cuts but all it's doing is pushing off the day of reckoning. - Peter Schiff on Fox Business
Aug 21, 2018
Trump Criticizes The Federal Reserve
He's been critical of
the Federal Reserve for having raised rates. One of the things President Trump said
apparently was that when he nominated
Powell he had expected him to be a
easier money guy. That he nominated him
thinking that he wouldn't have all these interest rate hikes and so he's disappointed that
his nominee is not being as easy when it
comes to monetary policy as what he had
hoped when he appointed him.
The Weak Dollar Policy
It should be obvious that Donald Trump has a weak dollar policy whether he wants to name it a weak dollar policy or not.
Subscribe to:
Posts (Atom)