U.S. Stocks Are Very Expensive

U.S. stocks are very expensive right now while gold and gold mining stocks are cheap, says Peter Schiff. (Newmont Mining (NEM), SPDR Gold Trust ETF (GLD), Market Vectors Gold Miners ETF (GDX), Barrick Gold (ABX), Goldcorp (GG))

Federal Reserve: Investors Are Not Really Understanding The Game

Investors are still struggling to understand the extend and pretend game the Federal Reserve is playing, says Peter Schiff.

History Suggests A Collapse In The U.S. Dollar

In similar situations in other countries there has always been a collapse in the currency. It is not going to be different this time around in America, says Peter Schiff.

Investors Will Run Away From The U.S. Dollar

Investors will run away from the U.S. Dollar when they realize that there is no exit strategy from the Federal Reserve and that they will eventually lose control of the situation.

The economy Is In Worse Shape Today Than It Was Prior To The Financial Crisis

Everybody is still brainwashed, they believe the Fed propaganda. The Fed has been talking about how great the recovery is and how is getting ready to raise interest rates. None of this is true. There is no recovery thanks to the Federal Reserve. All there is is a gigantic bubble that has prevented a recovery from taking place.

And the only reason the Fed is pretending that is going to raise rates is that it can pretend that the economy is strong enough to withstand that but basically the Fed cannot do that. The Federal Reserve is going to do more quantitative easing, they are going to do QE4 and all is going to do is to weaken the economy further.

The economy is in worse shape today than it was prior to the financial crisis.

Investors Are Still Believing The Fed Propaganda

Investors are still believing the propaganda from the Federal Reserve that is is about to raise rates but in reality the economy is so weak that it cannot withstand even a tiny interest rate hike, says Peter Schiff.

Economic Indicators Suggest A Recession Is On The Horizon

Peter Schiff sees a strong deterioration in the economic data and that suggests that a recession is on the horizon. Wall Street is loving it because that means interest rates will stay at zero and there is likely even more monetary stimulus on the way.

Tickers: SPDR Dow Jones Industrial Average ETF (DIA), SPDR S&P 500 Index ETF (SPY), iShares Russell 2000 Index ETF (IWM), Nasdaq 100 Index ETF (QQQ),  Apple (AAPL), Facebook (FB)

Leading Economic Indicators: Biggest Drop In 3 Years

Peter Schiff highlights the drop in the Leading Economic Indicators as we may be getting closer and closer to a new economic recession.

Tickers: SPDR S&P 500 Index ETF (SPY), SPDR Dow Jones Industrial Average ETF (DIA), Nasdaq 100 Index ETF (QQQ), iShares Russell 2000 Index ETF (IWM)

ECB: Will They Really Expand QE Or Taper It Off?

Draghi said in the press conference that they talked about expanding their QE program. They were trying to talk the Euro down and they may even taper QE in the future.

Related indexes: Dax Index, Eurostoxx 50 Index, Cac 40 Index;

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 Are At Ridiculous Low Levels

Peter Schiff considers that gold stocks are very cheap and that they are currently trading at ridiculous low levels.

Related stocks:  Newmont Mining (NEM), Barrick Gold (ABX), Goldcorp (GG), NovaGold (NG), 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.

The Bullish Case For Gold

The investment thesis that kept investors away from gold are reversing and investors will soon be fearing QE4 and that is very bullish for gold.

Trading: SPDR Gold Trust ETF (GLD), Market Vectors Gold Miners ETF (GDX), Newmont Mining (NEM), Goldcorp (GG), Barrick Gold (ABX)

Negative Interest Rates

The Great Recession started with interest rates at 5 percent, so they had plenty of room to lower them before they did QE. But when this greater recession is about to start and interest rates are at zero at the beginning, so what are they going to do? Negative rates might be the only thing they can think of.

Federal Reserve: For How Long Will They Be Able To Keep Playing This Game?

When will the markets figure out the game the Federal Reserve is playing?

Trading tickers: SPDR S&P 500 Index ETF (SPY), SPDR Dow Jones Industrial Average ETF (DIA), Nasdaq 100 Index ETF (QQQ), iShares Russell 2000 Index ETF (IWM)

Wal-Mart (WMT): A Super Bear Market

Wal-Mart (WMT) got clobbered. The stock was down 10 percent on the day, one of the biggest down days in the history of Wal-Mart (WMT). And in fact if you look at where the stock is today, it is down 33 percent form its 52-week highs. 33 percent! Remember a bear market is down 20 percent, so this is a super bear market.

And we could be down another 10 dollars. It is trading at 60 dollars now, I think Wal-Mart (WMT) can go to 50 dollars pretty quickly. I am not giving any stock recommendations, I am not telling you to short Wal-Mart (WMT) but if I am right and it goes to 50 dollars that is where it was 10 years ago!

The Economic News Are Getting Worse and Worse

Peter Schiff discusses the economic outlook and how the Federal Reserve will play the game.

Trading: Select Sector Financial Select Sector SPDR ETF (XLF), SPDR S&P 500 Index ETF (SPY), SPDR Gold Trust ETF (GLD), iShares Silver ETF (SLV)

The Experts Are Wrong On The Economy

I think a lot more economic data will come out before the general public can accept that I am right. Not really the general public but the so-called "experts" on the economy. The same experts that basically said that there was a 90 percent chance that the Federal Reserve was going to raise rates by December. I was saying that the chance was close to zero and now that we got this horrible jobs report, the experts are changing their forecasts and now they are saying, now that we got this new information maybe the Federal Reserve will wait until March.

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 And Silver Are Still Cheap

Peter Schiff expects gold to break higher soon. Gold and silver are not only cheap compared to where they have traded in the past but especially to where they might trade in the future.

Reading tickers: 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.

The Fed Will Not Raise Rates And That Is Bullish For Gold

The Federal Reserve will not be raising interest rates anytime soon and that will be very bullish for gold and silver. Even Goldman Sachs (GS) is now expecting the Fed to raise rates only in...2017!

Trading tickers: SPDR Gold Trust ETF (GLD), Market Vectors Gold Miners ETF (GDX), iShares Silver ETF (SLV), Goldman Sachs (GS)

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

QE4 Will Be Super Bullish For Gold & Silver

Peter Schiff explains why QE4 will be super bullish for Gold and Silver.

Related trading tickers: Market Vectors Gold Miners ETF (GDX), SPDR Gold Trust ETF (GLD), iShares Silver ETF (SLV), Newmont Mining (NEM), Barrick Gold (ABX), Hecla Mining (NL), Goldcorp (GG), NovaGold (NG)

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 Will Break Higher

Gold is currently in a trading range but it will break higher following Silver`s lead.

Trading tickers: Market Vectors Gold Miners ETF (GDX), 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.

The Federal Reserve Will Be More Dovish Going Forward

The Federal Reserve will get more and more dovish as we go forward.

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

Employment Report: What It Really Shows

This Employment Report is the missing piece of the economic puzzle that shows that the U.S. Economy is nowhere near as strong as the Federal Reserve is pretending.

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

U.S. Economy: The Final Missing Piece Of The Economic Puzzle

The Employment Report that we got was one of the weakest reports relative to expectations that we  have had in years. And I think this may be the final missing piece of the economic puzzle that really shows the mainstream that the economy is nowhere near strong as everyone including the Federal Reserve is pretending.

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

Icahn: Bubbles In The Stock Market, Real Estate & Art

Peter Schiff agrees with Carl Icahn that there is a bubble in the stock market, a bubble in the real estate market and even a bubble in the art market. The Federal Reserve is to blame for inflating these asset bubbles.

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

China, Other Countries Will Sell U.S. Treasuries

I think the Chinese are smart. They have a lot of U.S. Treasuries and they want to get rid of them. And I think it is not just China. You have countries all around the world that have loaded up on U.S. Treasuries. They are going to sell.

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

China Is Moving Out Of U.S. Treasuries

China is moving out of U.S. Treasuries and many other countries that have loaded up on U.S. Treasuries will likely follow.

Tickers: iShares Barclays 20+ Year Treasury Bond ETF (TLT)

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

Interest Rates: Everyone Addicted To Zero

The easy part is to bring rates to zero, any central bank can do that. The impossible part is to lifting them back up again once you have got everyone addicted to zero interest rates.

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

It`s Impossible To Lift Rates From Zero

The easy part is to cut interest rates to zero. The impossible part is to raise them back up.

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

The Stock Market Needs QE4 Not To Fall

The Federal Reserve will only be able to prevent a bear market in stocks if they launch QE 4. Without air, this bubble will just deflate.

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

A New Financial Crisis?

The U.S. Economy is sicker than ever thanks to the Federal Reserve. If the Fed were to actually deliver on the rate hikes that everybody think are coming we would have a worse financial crisis than in 2008.

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

The U.S. Economy Is Sicker Than Ever

If the Federal Reserve goes ahead with an interest rate hike we will have another financial crisis, says Peter Schiff.

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

This Economy Is Rapidly Decelerating

The U.S. Economy is rapidly decelerating as the economic data as been getting worse and worse.

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

Just Keeping Rates At Zero Is Not Enough To Support This Market

We are stuck at zero rates. This is a gigantic bubble and the last thing the Federal Reserve wants is to prick it. But the air is coming out all by itself, just keeping rates at zero is not enough to support this market. The market unfortunetely is going to want another dosage of Quantitative Easing and that is exactly what Janet Yellen is going to deliver to the detriment of the real economy.

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

Markets: This Is A Gigantic Bubble

Keeping rates at zero is enough to keep the stock market up. The market will soon demand another dosage of Quantitative Easing.

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

The Excuses To Launch QE4

A weakening U.S. Economy and turmoil overseas will be the excuses for the Federal Reserve to launch QE4.

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

Podcast: The Federal Reserve Is Going To Lose Control

Peter Schiff explains how the Federal Reserve is going to lose control of this process and it is going to create an even bigger market crisis than in 2008.

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

The Federal Reserve Will Be Forced To Raise Rates

When I say the Fed is never going to raise rates, I am talking about on its own terms, because the Fed wants to. I know that eventually they are going to have to. See, that is another difference between me and Yellen, or something that Yellen does not understand.

I know that at some point the Federal Reserve is going to lose control of this process and they are going to have to raise interest rates. And then it is going to be a complete catastrophe, it is going to be much worse. The crisis that the Fed is trying to avoid by keeping rates at zero is going to be much bigger when it is ultimately forced to raise them from zero and of course it is going to have to raise them much higher because it has waited so long.

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

Interest Rates At Zero Forever?!

In the Q&A that immediatelly followed the official announcement Janet Yellen admitted that she could not rule out the possibility that interest rates would stay at zero forever!

Trading Tickers: SPDR Gold Trust ETF (GLD), 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.

Podcast: Interest Rates At Zero Forever

Janet Yellen actually admitted that interest rates could stay at zero ...  forever.

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

The Reason Why The Fed Will Not Raise Rates Today

Peter Schiff explains in simple terms why the Federal Reserve is not likely to raise interest rates later today in the most anticipated FOMC meeting in many years.

Tickers: SPDR Gold Trust ETF (GLD), Market Vectors Gold Miners ETF (GDX), iShares Silver ETF (SLV), SPDR S&P 500 Index ETF (SPY), 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.

Why Is The Fed So Worried About Raising Rates?

That`s what they are worried about. They are worried about pricking it. That is the serious error that this former Yellen aid is talking about. It`s a recognition that this economy is a bubble and that it will be an error to prick that bubble.

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

Fed Meeting: Odds Are That They Will Not Raise Rates

Peter Schiff does not expect the Federal Reserve to raise interest rates this week in a highly anticipated Fed meeting.

Tickers: SPDR Gold Trust ETF (GLD), SPDR S&P 500 Index ETF (SPY), iShares Russell 2000 Index ETF (IWM), Nasdaq 100 Index ETF (QQQ)

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

Federal Reserve: Plenty Of Excuses Not To Raise Rates

Peter Schiff highlights the roll of excuses that the Federal Reserve may come up with to not raise interest rates later this week.

Tickers: Market Vectors Gold Miners ETF (GDX), SPDR Gold Trust ETF (GLD), SPDR S&P 500 Index ETF (SPY), 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.

Why The Fed Does Not Want To Raise Rates

As long as the Federal Reserve is willing to bluff, as long as the Fed is able to pretend that they can raise interest rates, then everybody can pretend that what the Fed did work. But the minute they raise interest rates and prove that the economy cannot withstand higher rates then they expose everything and that is why they do not want to do it.

Tickers: SPDR Dow Jones Industrial Average ETF (DIA), iShares Russell 2000 Index ETF (IWM), SPDR S&P 500 Index ETF (SPY)

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

The Federal Reserve Will Have To Do QE4 Regardless

The Federal Reserve will have to do QE4 regardless. Even if they get interest rates to 0.50% and then the next recession starts. There is not a lot of ammunition. Normally when there is a recession the Fed is at 5.00%, they have a long way to reduce interest rates. Going from 5.00% to zero is a much bigger Keynesian stimulus than going from 0.50% to zero.

I think if they raise interest rates and then they have to go to zero they will look like fools.

Tickers: Select Sector Financial Select Sector SPDR ETF (XLF), 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.

The Bursting Of The Auto Bubble: Ford (F), General Motors (GM), Tesla (TSLA)

With the inventory to sales ratio at recession levels in the auto industry we may be just witnessing the bursting of another bubble, the automobile bubble.

Stocks: Ford (F), General Motors (GM), Tesla (TSLA)

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

Stock Market: Increasing Volatility Likely Showing A Change In Trend

The recent surge in volatility is likely to be indicating a change in the stock market`s trend.

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

Stock Market: Don`t Fight the Fed

Peter Schiff explains why the stock market still has a long way to go on the downside.

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

Stock Market: Volatility Signals A Change In Trend

Peter Schiff sees the rising volatility in the stock market as a signal that the trend has changed.

Tickers: iShares Russell 2000 Index ETF (IWM), SPDR S&P 500 Index ETF (SPY), Nasdaq 100 Futures, Nasdaq 100 Index ETF (QQQ)

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

A Bear Market & The Resuming Of The Financial Crisis

Peter Schiff explains what he sees ahead for the stock market and the U.S. Economy.

Tickers: SPDR S&P 500 Index ETF (SPY), Nasdaq 100 Index ETF (QQQ), SPDR Dow Jones Industrial Average ETF (DIA), 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.