If the Federal Reserve tries to raise interest rates we will have a worse financial crisis than the one they caused in 2008. And so you cannot say that this is a success, it is a complete failure but people just do not know it yet because the high has not worn off. (Select Sector Financial Select Sector SPDR ETF (XLF), SPDR Dow Jones Industrial Average ETF (DIA), SPDR S&P 500 Index ETF (SPY), SPDR Gold Trust ETF (GLD))
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
Blog Archive
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2016
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March
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- Yellen`s Dovish Speech is Bullish For Gold
- The Fed Cannot Raise Interest Rates
- The Recent Gold Sell-Off Explained
- We Will Go Back To A Gold Standard
- U.S. Dollar: The Trend Has Reversed
- Why Gold Traded Down Today?
- U.S. Dollar: The Chinese Recognize The Mistake
- The American Consumer Is Not Confident
- Markets: U.S. Dollar, Dividend Paying Foreign Stocks
- Silver Stocks Are Doing Even Better Than Gold Stocks
- Silver Stocks Are On Fire
- The Federal Reserve Keeps Pretending That The Econ...
- This Commodity Move Is Real, We Are In A New Bull ...
- U.S. Dollar: The Fed Is About To Launch A New Easi...
- U.S. Elections: There Is No Chance Hillary Would B...
- The Economy Is Rapidly Losing Momentum
- QE4 Will Push Commodity Prices Up Even Faster
- Commodities: The Supply And Demand Dynamics Are Be...
- Commodities Are Going Higher
- Commodities Are Turning
- U.S. Economy: We Are Already in A Recession
- Will Draghi Take Europe Deeper Into Negative Rates?
- The U.S. Will Monetize The Debt Eventually
- All of America`s Creditors Are Going To Stop Lendi...
- Markets: Is The Bottom In? Depends On The Fed.
- Economic Problems Are Made In America
- The Fed Wants Inflation And They Will Get It
- Even Jim Cramer (CNBC) Can See There Is A Recession
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March
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