I am recording this podcast from New Orleans, where I am attending the Investment Conference Today, I am going to talk predominantly is the FOMC statement that came out yesterday following the conclusion of their 2-day October meeting It was largely expected that the Fed would not raise interest rates in October and that’s exactly […]
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Fed Continues To Extend And Pretend On Rate Hikes – Ep.115 Read More »
This is the first podcast I’ve been able to record since the death of my father, Irwin Schiff, who passed away on Friday If you’re interested in learning more about him and the circumstances surrounding his death, I would encourage you to read my commentary, “The Death of a Patriot“ There also links to many
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ECB Opens The Door To More QE – Ep.114 Read More »
My father Irwin A. Schiff was born Feb. 23rd 1928, the 8th child and only son of Jewish immigrants, who had crossed the Atlantic twenty years earlier in search of freedom. As a result of their hope and courage my father was fortunate to have been born into the freest nation in the history of
Death of a Patriot Read More »
We finally got some economic news today, all of it bad All of it “unexpected”… Hope springs eternal on Wall Street That’s why the Federal Reserve can maintain its forecast of an interest rate hike before the end of the year Although now a second Fed official has come out saying he doesn’t think a
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Walmart Is The Canary In The Retail Coal Mine – Ep.113 Read More »
The Dow Jones finished up almost 140 points – back over 17000 The Dow has now rallied 1,000 points since its lows on Friday following the lower than expected Non-Farm Payroll number The market originally sold off until traders realized that bad news is good news and they bought the dip The buying intensified today
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Fed Worried Cost of Living Not Rising Fast Enough – Ep. 112 Read More »
By: Peter Schiff, President and CEO of Euro Pacific Capital The popular belief that the U.S. economy has been steadily recovering has endured months of disappointing data without losing much of its appeal. A deep bench of excuses, ranging from the weather to the Chinese economy, has been called on to justify why the economy
It is the first Friday of the month, and that means that this morning we got the September Non-Farm Payroll number Anyone who has listened to my podcasts and video blogs knows that for months I have criticized these so-called strong jobs reports I think what’s going on is a transformation of the economy from
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Video Blog: September Jobs Report Confirms Weakening Labor Market Read More »
