Tuesday, January 22, 2019

Peter Schiff: The Dovish Fed Won't Fly


Another big move today in the U.S. stock market except this time the big move was to the upside, more than eradicating yesterday's big decline. 

In fact, looking back historically, yesterday's drop was the second biggest drop in history for the second day of the New Year. 

The biggest drop on the second day of a new year was in the year 2000. That was the year when the NASDAQ bubble originally popped. 

That big drop happened at a time where the market was peaking and we were just beginning a bear market where the U.S. stock market went down by about half and the NASDAQ went down by abut 80%. So not a good comparison.

- Source, Peter Schiff

Friday, January 18, 2019

Peter Schiff: This Is The Beginning Of A Much Bigger Crisis


"It's not a volatile economy, it's a bubble economy. Thanks to the Federal Reserve, they inflated an even bigger bubble, on purpose, than the one they inflated by accident that popped in 2008. 

And so the economy is in much worse shape structurally today than it was before it fell apart the last time. 

So, this is the beginning of a much greater crisis, of a much greater recession than the one that we experienced back in 2008."

- Source, Seeking Alpha

Monday, January 14, 2019

Peter Schiff: Markets Running out of Good News to Anticipate


U.S. stocks continue their correction by moving higher yet again today. 

Remember, when you have a bull market, the corrections are down, because you're correcting the upward trend by moving backward. In a bear market, it's the opposite. 

You correct a downward trend by retracing upwards. That's what we're doing now. I think this is the first rally in this bear market, so this rally is, in fact, a correction.

- Source, Peter Schiff

Friday, January 11, 2019

The Deflating Bubble Economy Could Swing in Gold’s Favor


The markets are looking shakier and shakier with each passing day. 

Geopolitics continue to break down and the bubble economy looks like it could pop.

Will it? Or will it continue to inflate, leading ultimately to a larger collapse?

- Video Source, Peter Schiff

Saturday, January 5, 2019

Joe Rogan and Peter Schiff Discuss the Lack of Value in a College Degree


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

Joe Rogan and Schiff discuss the value, or lack of value in a getting a college degree in today's day and age.

- Source, Joe Rogan

Wednesday, January 2, 2019