April 19, 2011

S&P Cuts US Outlook To Negative. What Took Them So Long?

Video Link: Schiff Report Video Blog, April 18th 2011

Related ETFs: ProShares UltraShort 20+ Year Trea (ETF) (NYSE:TBT), iShares Barclays 20+ Yr Treas.Bond (ETF) (NYSE:TLT), SPDR S&P 500 ETF (NYSE:SPY), ProShares UltraShort S&P500 (ETF) (NYSE:SDS)

Peter Schiff`s comments on the economy, stock markets, politics and gold. Schiff is the renowned writer of the bestseller Crash Proof: How to Profit from the Coming Economic Collapse.

April 18, 2011

The Risk Of Holding US Dollars

The only thing worse than holding dollars is holding a promise to be paid dollars in ten or thirty years time. - In Daily Reckoning

Peter Schiff`s comments on the economy, stock markets, politics and gold. Schiff is the renowned writer of the bestseller Crash Proof: How to Profit from the Coming Economic Collapse.

April 15, 2011

The Budget Compromise

"Both sides are now claiming victory [in the budget battle], that the new (budget) compromise demonstrates the resolve of our leaders to make the necessary cuts so that America can live within its means. The reality is, this compromise proves the exact opposite: that there is no will to do anything... that nobody is willing to make any of the cuts necessary to rein in the excesses in Washington. - in Seeking Alpha

Peter Schiff`s comments on the economy, stock markets, politics and gold. Schiff is the renowned writer of the bestseller Crash Proof: How to Profit from the Coming Economic Collapse.

April 13, 2011

The Problem For The Global Economy Is The Dollar

The problem for the global economy is the dollar. The United States has abused the privilege of issuing a reserve currency and we are exporting our inflationary, irresponsible monetary policies all around the world, and we are poisoning the global monetary system. - in BullSource.com

Related: Ishares Silver ETF (SLV), SPDR Gold ETF (GLD), PowerShares DB US Dollar Index Bullish (NYSE:UUP), PowerShares DB US Dollar Index Bearish (NYSE:UDN)

Peter Schiff`s comments on the economy, stock markets, politics and gold. Schiff is the renowned writer of the bestseller Crash Proof: How to Profit from the Coming Economic Collapse.

April 11, 2011

If The Government Took Over The Airlines...

If the government took over the airlines, either ticket prices would go up or our taxes would go up. - in CNBC

Related: Southwest Airlines Co. (NYSE:LUV), Delta Air Lines, Inc. (NYSE:DAL), United Continental Holdings, Inc. (NASDAQ:UAL), AMR Corporation (NYSE:AMR), JetBlue Airways Corporation (NASDAQ:JBLU), US Airways Group, Inc. (NYSE:LCC)

Peter Schiff`s comments on the economy, stock markets, politics and gold. Schiff is the renowned writer of the bestseller Crash Proof: How to Profit from the Coming Economic Collapse.

April 8, 2011

Gold Will Reach 2000 USD An Ounce

Gold will reach 2000 dollars an ounce when people understand that inflation is here, and it's going to be severe. - in Bloomberg

Related: SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), Hecla Mining (HL), NovaGold (NG), GoldCorp (GG), KinRoss Gold (KGC), Anglo Gold (AU), Gold Fields Limited (ADR) (GFI), Compania de Minas Buenaventura SA (ADR) (NYSE:BVN)

Peter Schiff`s comments on the economy, stock markets, politics and gold. Schiff is the renowned writer of the bestseller Crash Proof: How to Profit from the Coming Economic Collapse.

Cheap Money Is Causing Commodity Prices To Rise

The cheap money Bernanke’s using to prop up the economy is the same cheap money that’s causing commodity prices to rise. The Fed is going to pretend inflation doesn’t exist, even though it’s creating it. - in Bloomberg

Related: United States Oil Fund LP (ETF) (NYSE:USO), SPDR Gold Trust (ETF), (NYSE:GLD) iShares Silver Trust (ETF) (NYSE:SLV), Freeport-McMoRan Copper & Gold Inc. (NYSE:FCX), Newmont Mining Corporation (NYSE:NEM), PowerShares DB Agriculture Fund (NYSE:DBA), iPath Dow Jones-UBS Cotton Subindex Total Return ETN (NYSE:BAL)

Peter Schiff`s comments on the economy, stock markets, politics and gold. Schiff is the renowned writer of the bestseller Crash Proof: How to Profit from the Coming Economic Collapse.

April 4, 2011

Video Market Update: US Economy & Jobs


Topics: Inflation, interest rates, us economy, unemployment rates, jobs;

Related: Related ETFs: SPDR S&P 500 ETF (NYSE:SPY), ProShares UltraShort S&P500 (ETF) (NYSE:SDS)

Peter Schiff`s comments on the economy, stock markets, politics and gold. Schiff is the renowned writer of the bestseller Crash Proof: How to Profit from the Coming Economic Collapse.

April 3, 2011

Silver: The Best Of Both Worlds

Silver is a kind of best of both worlds. Its an industrial metal and also a precious metal. So if you think the economy is growing you can buy silver and if you are afraid of inflation you can buy silver. - in CNBC

Related: iShares Silver Trust (ETF) (NYSE:SLV), Hecla Mining Company (NYSE:HL), Coeur d'Alene Mines Corporation (NYSE:CDE)

Peter Schiff`s comments on the economy, stock markets, politics and gold. Schiff is the renowned writer of the bestseller Crash Proof: How to Profit from the Coming Economic Collapse.

April 2, 2011

Paper Money Is Losing Value

Paper money is losing value. It`s losing value because central banks are printing too much of it. That`s not going to stop. - in CNBC

Related: PowerShares DB US Dollar Index Bearish (NYSE:UDN)

Peter Schiff`s comments on the economy, stock markets, politics and gold. Schiff is the renowned writer of the bestseller Crash Proof: How to Profit from the Coming Economic Collapse.

April 1, 2011

Silver Is Up For 9 Consecutive Quarters


"Silver prices are rising for the same reasons that oil prices are rising, paper money is losing value" - Peter Schiff, CNBC

Related: iShares Silver Trust (ETF) (NYSE:SLV), United States Oil Fund LP (ETF) (NYSE:USO), Hecla Mining Company (NYSE:HL), Coeur d'Alene Mines Corporation (NYSE:CDE)

Peter Schiff`s comments on the economy, stock markets, politics and gold. Schiff is the renowned writer of the bestseller Crash Proof: How to Profit from the Coming Economic Collapse.

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