February 10, 2013

Video: The Worst Cash To Hold



Related: USDJPY, US Dollar, Japanese Yen;

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.

February 9, 2013

Japan`s Inflation Play Will Backfire



Related: Nikkei 225, USDJPY, forex

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.

February 8, 2013

Video: Dow 14,000 Is Not A Big Deal



Related: SPDR Dow Jones Industrials ETF (DIA), SPDR SP 500 ETF (SPY), iShares MSCI Emerging Markets Index ETF (EEM)

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.

February 7, 2013

China: It Is Now A Net Seller Of US Treasuries

"Every month, we hear about central banks increasing gold reserves. The latest are Russia and Kazakhstan, but in the last year, countries from Brazil to Turkey have been adding to their gold holdings in order to diversify away from fiat currency reserves.

And don't forget China. Once the biggest purchaser of US bonds, it is now a net seller of Treasuries, while simultaneously gobbling up gold. Some sources even claim that China has unofficially surpassed Germany as the second largest holder of gold in the world." - in Finance Townhall

Related: SPDR Gold Trust ETF (GLD), iShares Lehman 7-10 Year Treasury Bond ETF (IEF), iShares Barclays 20+ Year Treasury Bond ETF (TLT)

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.

The Federal Reserve Is Like A Drug Addict Making Any Excuse To Get Its Next Fix

"Our sovereign creditors know that Ben Bernanke and Barack Obama are just regular men in fancy suits. They know the Fed isn't harboring some ingenious plan for raising interest rates while successfully selling back its worthless mortgage and government securities. Instead, the Fed is like a drug addict making any excuse to get its next fix.

US investors should be as shocked as the Bundesbank about the Fed's deception. While we cannot redeem our dollars for gold with the Fed, we can still buy gold with them in the open market. As more investors and governments choose to save in precious metals, the dollar's value will go into steeper and steeper decline - thereby driving more investors into metals. That's when the virtuous circle upon which the dollar has coasted for a generation will quickly turn vicious." - in Town Hall 

Related: SPDR Gold Trust ETF (GLD), iShares Silver Trust ETF (SLV); 

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.

February 6, 2013

Video: The Furor Over Credit Ratings



VIDEO SUMMARY: Peter Schiff, CEO, Euro Pacific Capital says the U.S. government is being vindictive by going after S&P over its ratings on mortgage bonds. He sounds caution on the triple-A ratings on U.S. treasuries.

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.

Fox Business Video: Retirement Will Be As Rare As A Single Income Household


Related: SPDR S&P 500 Index (SPY), SPDR Gold Trust ETF (GLD)

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.

February 5, 2013

The Merits Of A Strong Currency

"Productive nations generate excess goods and services that can be sold abroad and their growth and stability attract investment funds from abroad. These conditions will tend to increase demand for the nation's currency, thereby pushing up its price. A strong currency keeps capital and raw materials costs low, enabling more productive workers to earn higher real wages. But according to most economists, a strong currency will bring down an economy because it destroys international competitiveness and can even lead to lower prices (deflation) which they see as economic quicksand. These fears have ignited a "global currency war" in which countries are expending huge amounts of national savings in order to ensure that their currencies stay cheap. In today's economic logic we must fail in order to succeed."  - excerpt from The Biggest Loser

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.

Video: We Are A Lance Armstrong Economy


Peter compares Lance Armstrong's use of artificial stimulants to the Federal Reserve's use of artificial stimulus. This aired on January 18, 2013.

Related: SPDR S&P 500 Index (SPY)

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.

February 4, 2013

Video: More People Are Going To Be Talking About Rising Gas Prices Than Rising Stock Prices


Related: SPDR Dow Jones Industrials ETF (DIA), SPDR SP 500 ETF (SPY)

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.

The 3 Pillars Supporting The US Treasuries

"In last month's Gold Letter, I wrote about the three pillars supporting the US Treasury's persistently low interest rates: the Fed, domestic investors, and foreign central banks - led by Japan. I examined how Japan's plans to radically devalue the yen may undermine that country's ability to continue buying Treasuries, which could cause the other pillars to become unstable as well." - in IB Times 

Related: iShares Lehman 7-10 Yr Treas. Bond ETF (IEF),   iShares Barclays 20+ Yr Treasury Bond ETF (TLT); 

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.

February 3, 2013

More People Are Starting To Recognize That The US Dollar Is Going To Lose Value

"The european situation is now diffusing. A lot of money was fleeing the euro, now it`s going back to the eurozone. So people are buying euros, they are selling dollars and I think more people are starting to recognize that the dollar is going to lose value." - in Fox Business News

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.

February 2, 2013

The Federal Reserve Is Getting Ready To Increase The Dosage

"The Fed(eral Reserve) is getting ready to up the dosage of the stimulus. A lot of people were thinking that the Fed was going to take away the money or stop the stimulus. They are not going to do it. They are going to have to up the dosage." - in Fox Business News

Related: SPDR SP 500 ETF (SPY);

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.

February 1, 2013

US Economy: The Temporary Euphoria Of The Stimulus Is Wearing Off

"The temporary euphoria of the stimulus is wearing off. The hangover is setting in. And as bad as things were during the Obama recovery, wait until you see how bad things will get during the Obama recession." - in Fox Business News

Related: SPDR SP 500 ETF (SPY), SPDR Dow Jones Industrials ETF (DIA)

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.
eXTReMe Tracker