Wednesday, March 29, 2017

Fed Hikes Rates To Feign Confidence


Why is the FED raising rates? Are they looking to simply extend and pretend the phoney confidence that exist in the markets currently, or are they looking to bring the system down? Peter Schiff discusses the FED's recent actions.

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Sunday, March 26, 2017

Peter Schiff - Why A BAT Will Clobber The Dollar


The future of the dollar isn't bright, and Peter Schiff breaks down why this is a bad thing for the country in the long term. The fiat dollar is horribly flawed and destined for the trash bin of history.

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Thursday, March 23, 2017

Trump Should Be a Statesman Not A Politician


Peter Schiff breaks down the short time that President Trump has been in office, he talks about how he believes Trump should govern the country going forward. Tune in to learn more.

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Monday, March 20, 2017

President Trump: U.S. Economic Fallout - Peter Schiff and Stefan Molyneux


The improved economic outlook with the election of President Donald Trump has lead the Federal Reserve to raise interest rates for only the third time in 10 years. Peter Schiff joins Stefan Molyneux to discuss the state of the United States economy, the nature of the U.S. debt ceiling limit, why Paul Ryan's Obamacare replacement won't work, how to solve the American health care crisis and why many are salivating at the opportunity to blame President Trump for long existing economic problems.

Peter Schiff is an economist, financial broker/dealer, author, frequent guest on national news, the host of the Peter Schiff Show Podcast, the CEO of Euro Pacific Capital and the Chairmain of Schiff Gold.


Saturday, March 4, 2017

Fed Will Sacrifice Dollar to Prop Up Bonds


Money manager Peter Schiff says, “The Fed is going to try to keep interest rates as low as possible because we have so much debt that these artificially low rates are the only way we can service it. So, the Fed, I think, is willing to sacrifice the dollar to keep propping up the bond market. Even if we launch QE4, it may not have the effect on the bond market that prior round of quantitative easing had. They may lose control of the long end of the bond market. And certainly when it comes to corporate bonds or muni bonds, or any bonds that are not being monetized, rates are going a lot higher. . . . I think the dollar is going to tank.”. . . In order for the Fed to keep the air from coming out of this bubble (in bonds), they will have to sacrifice the dollar.”

Where does that leave hard assets like gold? Schiff contends, “Gold stocks were the best performing stocks in 2016, and they are already the best performing stocks in 2017. I think the bear market in gold and gold stocks ended at the end of 2015. It’s a new bull market. I think the big gains we got last year are just a small down payment on the gains we are going to get in the years ahead. Very few people are positioned properly.”

Schiff goes on to say, “Donald Trump is not the cause of these problems. We’ve got a giant wound that we’ve got a band-aid on. Nobody is really looking at the wound because it is hidden by this band-aid, and it’s getting worse, and worse and worse. Maybe Trump will peel back that band-aid, and we actually get a good look at how bad we are wounded. . . . I think this has gone on so long and the bubble has gotten so big . . . . We did not get to celebrate the Dow 20,000 party, but I think that we are going to have the last laugh and do the most celebrating when the bottom drops out of the dollar and reality sets in.”

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