By: Peter Schiff, CEO of Euro Pacific Capital I have been forecasting with near certainty that QE2 would not be the end of the Fed’s money-printing program. My suspicions were confirmed in…
Tag: Financial Commentary
Debt Deal is a Blank Check
By supposedly compromising to raise the debt ceiling, Congress and the President have now paved the way for ever higher levels of federal spending. Although, the nation was spared the trauma of…
It Ain’t Money If I Can’t Print It!
By: Peter Schiff, CEO of Euro Pacific Capital I have been forecasting with near certainty that QE2 would not be the end of the Fed’s money-printing program. My suspicions were confirmed in…
The Currency War – Good For Gold
By: Peter Schiff, Euro Pacific Capital, Inc. As the world awaits another $600 billion flood from Bernanke’s printing press, central bank governors from Brasília to Tokyo are preparing to respond in kind….
There Was a Fed Chairman Who Swallowed a Fly
By: Peter Schiff, Euro Pacific Capital, Inc. While it’s true that history repeats itself, the patterns should always be separated by a generation or two to keep things respectable. Unfortunately, in today’s…
Peter Schiff – No Exit for Ben
By: Peter Schiff In a Wall Street Journal op-ed on Monday, and in congressional testimony later in the week, Fed Chairman Ben Bernanke reassured all that thanks to his accurate foresight and…
The Best Way to Bet on America
Chris Mayer There is lots of ugly economic news out there, but one key bright spot is world trade. In the US, one particular industry will enjoy windfall profits from exports this…
Carts and Horses
By: Peter Schiff, Euro Pacific Capital, Inc. In a CNBC debate last week, former Labor Secretary Robert Reich presented a set of contradictory beliefs that unfortunately reflect the conventional wisdom of modern…
Leading Economic Indicators Keep Rising, but …
Last Thursday the Conference Board published its Leading Economic Index (LEI) for the U.S. In January this historically-reliable indicator increased 0.3 percent after shooting up 1.2 percent in December and 1.1 percent…
Deflation in Everything But the Cost of Living
By: Adrian Ash, BullionVault Well, this is a pretty pass. Deflation in all things except inflation… THEY WERE SUPPOSED to avert depression. The Bank of England continues to tout their “success”. But…