Thursday, June 12, 2014

Cheap Money : That`s what is driving The Markets

The markets are driving the wave of all the cheap money. That`s what is driving the markets.

But it is not a healthy rally because the only reason that stocks are going up is just that the value of our money is going down.

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.

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