Nov 4, 2013

The Whole Rally In Stocks Is Based On QE

If the Fed begins to taper, which I do not think it`s going to do, we will be back in recession. It`s not going to be good for stocks. The whole rally is based on QE.

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

Video: Discussing Monetary Policy With Ron Insana



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

Nov 3, 2013

Eugene Fama Should Return The Nobel Prize

Theoretically you get the prize for excellence in economics. So if you say something that`s so bad, you theoretically should have to give it back. The Committee should be on the phone demanding that Nobel Prize right now and the returning of the money.

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

Video: Economic Incompetence Is A Prerequisite For A Nobel Prize


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

Nov 1, 2013

Eugene Fama`s Neutral Events

Neutral events. So, Rick Santelli asks what is going to happen when we have to unwind this massive balance sheet and his response is, it does not matter, it`s a neutral event. How can it be neutral? The Fed goes from the biggest buyer of Treasuries and mortgage backed securities to the biggest sellers. And that`s a neutral event? - from a recent exchange between Rick Santelli and recent Nobel laureate Eugene Fama 

Related trading instruments: SPDR S&P 500 Index ETF (SPY), U.S. 10-Year Treasuries

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

Video: Yellen`s Nomination


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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