Somehow a lot of people jump to the conclusion that the gold trade is an uncertainty trade, a political chaos trade but that is not really what is going on here. The price of gold is not going up because of what is going on in Europe. It is going up because of what is happening in the United States, more specifically in Washington and even more specifically at the Federal Reserve.
Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.
- ► 2017 (146)
- Gold Stocks Are Not Expensive At All
- Switzerland Is The Strongest Economy In Europe
- The Markets Are Way Overreacting
- Yellen Is Still Pretending
- The Gold Trade
- Gold & The British Referendum
- The Next Crisis Will Be A Dollar Crisis
- European Banks: Trading Lower Than They Were At Th...
- The Markets Are Rolling Over
- Markets: U.S. Dollar, Emerging Markets
- This Trade Is Just Getting Started
- We Are Going Into A Currency Crisis
- Crude Oil Prices Close Above 50 Dollars A Barrel
- There Is A Bubble In Sovereign Bonds
- Why The Fed Will Not Raise Interest Rates
- Markets: I Am Not Short U.S. Treasuries
- ▼ June (16)
- ► 2015 (344)
- ► 2014 (429)