Peter Schiff breaks down the recent non farm payroll report. Which he sees as manipulated and bogus. He explains why these government reports are not to be trusted. The markets are preparing themselves for a massive collapse.
Sunday, November 27, 2016
Wednesday, November 23, 2016
Sunday, November 20, 2016
Dollar Collapse a Mathematical Certainty
Schiff breaks down why the worst of the economic crisis is far from over yet. We have made all the problems worse and it is only a matter of time before this entire Ponzi scheme comes crashing down on our heads.
- Source
Friday, November 18, 2016
Making America Great Again will be much harder than voters think
He breaks down the difficulties and roadblocks Trump is going to face as a president. He compares his message to that of Ronald Regans, but states that the United States is unfortunately in much worse shape than it was under a Regan administration.
Trump will have an uphill battle, but people are fed up with the establishment and want real fundamental change.
Peter Schiff voted for Donald Trump and explains exactly why in this video. Enjoy.
- Source
Monday, November 14, 2016
Schiff on why he would still buy gold
- Source, CNBC
Thursday, November 10, 2016
The US Dollar is on its Way Towards Collapse
Peter Schiff talks about the over abundance of government and regulation that the western world now faces. He sees a collapse in the US dollar coming our way. It is now only a matter of time. Prepare now or rue to regret the day.
- Source
Sunday, November 6, 2016
Fed Losing Control! The Bond Market Will Blow Up!
Peter Schiff appears on CNBC where he breaks down the recent market action. He laughs about how the markets still listen to what the FED has to say. They cannot raise rates and gold is going to go much much higher. Get ready.
- Source
Thursday, November 3, 2016
Here's Why The Fed Won't Raise Rates This Year
Peter Schiff breaks down his reasons for believing that the FED will not and cannot afford to raise interest rates. They need inflation and want it. The market is completely fooled by these actions.
- Source
Monday, October 31, 2016
Economic Collapse Countdown with Peter Schiff and Stefan Molyneux
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
- Source
Putting The Trump Controversy Into Perspective
Peter Schiff discusses the 2016 presidential elections and how the media is piling on Donald Trump. He breaks down the latest news and explains how it all needs to be put in perspective. The time for emotional and irrational decisions is not now.
Monday, October 24, 2016
Just like Obamacare, the Fed's policies will fail
The recent troubles plaguing Obamacare are comparable to what will happen with Fed stimulus, according to economist Peter Schiff, who is predicting the downfall of both.
In his latest blog post, the frequent critic of the Federal Reserve seized on the negative Obamacare headlines — Aetna shuttering exchanges, surging costs, reported layoffs due to the national health plan. He said they're to be expected when the government ignores market realities and overreaches.
"After only four years of operation, there is now wholesale defection by insurance companies to abandon the Obamacare marketplace because they are hemorrhaging money faster than just about anyone predicted," said Schiff, who pointed to this post four years ago in which he said there would be trouble. "To believe that any other outcome was possible would have been the equivalent of believing in the Tooth Fairy."
The founder of Euro Pacific Capital has long been predicting doom for Fed stimulus as well. In seeking to pull the economy out of the 2008 financial crisis and accompanying recession, the central bank has kept interest rates anchored and instituted three rounds of quantitative easing, a monthly bond-buying program that ended in October 2014 but not before it expanded the Fed's balance sheet by about $3.7 trillion.
While the stock market is up about 225 percent since the March 2009 lows, the economy has struggled. Inflation has remained low and gross domestic product has never grown more than 2.5 percent for a full calendar year.
Throughout the recovery Schiff has been predicting it will end badly, and he has been a strong proponent of gold. He believes his warnings will prove prescient. Asset prices, he has said repeatedly, are in a bubble that soon will pop.
In his latest blog post, the frequent critic of the Federal Reserve seized on the negative Obamacare headlines — Aetna shuttering exchanges, surging costs, reported layoffs due to the national health plan. He said they're to be expected when the government ignores market realities and overreaches.
"After only four years of operation, there is now wholesale defection by insurance companies to abandon the Obamacare marketplace because they are hemorrhaging money faster than just about anyone predicted," said Schiff, who pointed to this post four years ago in which he said there would be trouble. "To believe that any other outcome was possible would have been the equivalent of believing in the Tooth Fairy."
The founder of Euro Pacific Capital has long been predicting doom for Fed stimulus as well. In seeking to pull the economy out of the 2008 financial crisis and accompanying recession, the central bank has kept interest rates anchored and instituted three rounds of quantitative easing, a monthly bond-buying program that ended in October 2014 but not before it expanded the Fed's balance sheet by about $3.7 trillion.
While the stock market is up about 225 percent since the March 2009 lows, the economy has struggled. Inflation has remained low and gross domestic product has never grown more than 2.5 percent for a full calendar year.
Throughout the recovery Schiff has been predicting it will end badly, and he has been a strong proponent of gold. He believes his warnings will prove prescient. Asset prices, he has said repeatedly, are in a bubble that soon will pop.
Thursday, October 20, 2016
Gold market overreacted to Yellen speech, Fed is pretending to be hawkish
Last week, the Federal Reserve held its annual summer retreat in Wyoming. During the visit to the Cowboy State, Fed Chair Janet Yellen stated that the case of a rate hike next month has “strengthened.” Meanwhile, Fed Vice Chair Stanley Fischer noted that a September rate hike will depend on August’s jobs numbers.
If everything is sound by September 20 then the Federal Open Market Committee (FOMC) will agree to a boost in interest rates, just the second time in the last decade.
One contrarian investor believes the gold market overreacted, while criticizing traders for not looking at the numbers.
Peter Schiff, president and CEO of Euro Pacific Capital, stated in a recent podcast that the United States central bank is just being hawkish in its talk. In fact, according to Schiff, the Fed is pretending to be hawkish in order to fool the markets.
He noted that whether the Fed goes through with a rate hike or delays action it will really have very little effect on the national economy.
“For a small person, Janet Yellen certainly casts a large shadow over the financial markets. Everybody was on pins and needles,” he said. “All the traders were there with their fingers on the buttons waiting to react to anything that Yellen said.”
Schiff said the stock market only cares about what the central bank will or will not do.
“Nobody cares what the numbers actually are. They only care about what the Fed is going to say about the numbers,” Schiff averred. “What they say, supposedly, indicates what they might eventually do. So, it all boils down to ‘what is the Fed going to do?’ Nothing is real. Nothing else matters.”
The bestselling author of “Crash Proof” and “How an Economy Grows” also provided an interesting point: a hawk is predatory, and in the central bank world, a hawk is a central banker with a strong view of sound money. The Fed clan can’t be described as those, Schiff said.
“When it comes to hawks with respect to the Federal Reserve, the bird is extinct,” Schiff stated. “They are all doves and the only difference is the degree of dovishness. The hawks are gone and are probably never coming back. Yellen was not a hawk, and neither was Stan Fischer.”
Markets are optimistic that a rate hike will happen within the next few months.
If everything is sound by September 20 then the Federal Open Market Committee (FOMC) will agree to a boost in interest rates, just the second time in the last decade.
One contrarian investor believes the gold market overreacted, while criticizing traders for not looking at the numbers.
Peter Schiff, president and CEO of Euro Pacific Capital, stated in a recent podcast that the United States central bank is just being hawkish in its talk. In fact, according to Schiff, the Fed is pretending to be hawkish in order to fool the markets.
He noted that whether the Fed goes through with a rate hike or delays action it will really have very little effect on the national economy.
“For a small person, Janet Yellen certainly casts a large shadow over the financial markets. Everybody was on pins and needles,” he said. “All the traders were there with their fingers on the buttons waiting to react to anything that Yellen said.”
Schiff said the stock market only cares about what the central bank will or will not do.
“Nobody cares what the numbers actually are. They only care about what the Fed is going to say about the numbers,” Schiff averred. “What they say, supposedly, indicates what they might eventually do. So, it all boils down to ‘what is the Fed going to do?’ Nothing is real. Nothing else matters.”
The bestselling author of “Crash Proof” and “How an Economy Grows” also provided an interesting point: a hawk is predatory, and in the central bank world, a hawk is a central banker with a strong view of sound money. The Fed clan can’t be described as those, Schiff said.
“When it comes to hawks with respect to the Federal Reserve, the bird is extinct,” Schiff stated. “They are all doves and the only difference is the degree of dovishness. The hawks are gone and are probably never coming back. Yellen was not a hawk, and neither was Stan Fischer.”
Markets are optimistic that a rate hike will happen within the next few months.
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