PETER SCHIFF

PETER SCHIFF

Sunday, January 26, 2014

The Fed, Stock Market & Gold




The Federal Reserve is not going to let the stock market collapse. That is why it can`t taper. That is why it can`t raise interest rates because if the Fed did those things the stock market would collapse and so they are going to have to supply even more liquidity to keep the stock market propped up. But that is great for gold.


Peter Schiff is a well-known commentator appearing regularly on CNBC, TechTicker and FoxNews. He is often referred to as "Doctor Doom" because of his bearish outlook on the economy and the U.S. Dollar in particular. Peter was one of the first from within the professional investment field to call the housing market a bubble. Peter has written a book called "Crash Proof" and a follow-on called "The Little Book of Bull Moves in Bear Markets". He is the President of EuroPacific Capital, which is a brokerage specializing in finding dividend-yielding, value-based foreign stocks.

1 comment:

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