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

Monday, December 24, 2018

Peter Schiff: When Everything Blows, Gold Is Going Ballistic

"I think people are just completely clueless with respect to what's actually going on in the world. They don't understand the US economy; they don't understand the Fed. 

But they're about to get a rude awakening and the smart money is buying gold, whether it's being manipulated or not in the short run, gold and silver are both going way up in the long run. And the long run may be here much sooner than people think.

You want to talk about manipulation? It's the central banks that have been manipulating bond prices and interest rates, far more than traders were able to manipulate gold and silver. 

But I think the air is coming out of that bubble. And as this US stock market implodes, as more and more people realize that a massive recession that is even bigger than what we now call the Great Recession of 2008 is actually around the corner - and this credit bubble is far bigger than the one that popped in 2008, that one produced a financial crisis. 

This one is going to produce something much worse - So as people actually figure this out, they're going to be buying gold and they're going to be buying it in a big way."

- Source, Peter Schiff

Monday, December 17, 2018

Peter Schiff: Credit Bubble Bigger Deal Than Gold and Silver Manipulation


In this episode, Peter Schiff discusses his view that while there is manipulation in the gold and silver market that there are bigger issues taking place that will affect the price of gold and silver including the central banks manipulating bond and interest rate prices.

- Source, Schiff Gold

Wednesday, December 12, 2018

Peter Schiff: Next Round of Quantitative Easing To Send Gold To New Highs


Legendary investor, author, and Austrian Economist Peter Schiff was one of the economists who warned of the sub-prime crisis. BEFORE it happened. 

So we're fortunate that he was kind enough to join Inside the Markets to let our viewers know how the next crisis is going to unfold, and what investors would be well-served to do before it happens. 

Peter talks about the impact of the swelling supply of unsold homes, how it remains a mystery as to who will buy the U.S. debt, and the ongoing debate between President Donald Trump and the Federal Reserve. 

So if you were caught off guard the last time Wall Street collapsed and want a different outcome this time around.

- Source, Stock Pulse

Saturday, December 8, 2018

Peter Schiff: Trump Backs down on Tariffs


The two things that everybody seems to agree were weighing down the markets were the Fed's relentless drive to normalize interest rates, and figure out where "normal" was, and, of course, the trade war - the threat of additional tariffs overhanging the markets. 

So I think it was pretty clear to President Trump who is hanging his hat on the stock market, has decided that the stock market performance is the best barometer of his Presidency. 

So the fact that the stock market was falling was really a big problem for the President so he had to do what he could to try to get the stock market to go back up.

- Source, Peter Schiff