Feb 27, 2014

Personal Finance: Keep Little Cash

If you are a 30 year old guy, I would not have any more than 6 months to a year`s worth of expenses in cash. I would make sure I had a little cash to cover my rent or my mortgage, if you have a mortgage but I would keep very little in the way of cash because it`s going to lose value.

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

Feb 26, 2014

What Would Be A Bearish Case For Gold

If the Federal Reserve actually did the right thing, for a change, which I do not think it`s going to happen, if they stopped the QE, if they started to unwind their balance sheet, if they started to raise interest rates and let the stock market tank, let the real estate market go down, let the natural recession run its course, force the U.S. government to dramatically cut spending and restore fiscal balance for the U.S. economy to allow a legitimate recovery to ever take place, then I would get bearish on gold.

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

Feb 25, 2014

China: Largest Producer Of Gold



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

Feb 24, 2014

Gold Is Going A Lot Higher Than 1900 Dollars An Ounce

Gold is going a lot higher than 1900 dollars an ounce. That was just the most recent high. But this bull market has been going on for a long time and it has got a long way to run thanks to the policies that we are persuing here in the United States. Now that we have Janet Yellen as the Federal Reserve Chairman, I think she will be even more bullish for gold than Bernanke and Greenspan.

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

Market Outlook: U.S. Economy, Federal Reserve & Gold


Related ETFs: SPDR Gold Trust ETF (GLD), Market Vectors Gold Miners ETF (GDX)

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

Feb 21, 2014

U.S. Economy: Outlook For 2014

If the Federal Reserve continues with its taper timetable we will be back in recession. Now, I don`t believe they will continue, I think they will come back with more stimulus which might technically and statistically keep the economy out of a recession. But in reality, I think we are in a depression. I don`t think the U.S. Economy is growing at all.  

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

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