Friday April 29, 2016 was the final trading day for the month of April and I think this will turn out to be a pivotal month for the month of April and I will talk more about that later in this report I wanted start by talking about the Federal Reserve’s decision on Wednesday not …
Gold and Currency Markets Expose U.S. Recovery Myth – SchiffReport Read More »
Earlier today the Federal Reserve Open Market Committee, (FOMC) began their 2-day meeting It concludes tomorrow and at 2:00 they will announce their decision on interest rates Nobody is anxiously awaiting that announcement Although there were plenty of fools a few months ago who actually believed the Federal Reserve would be raising interest rates, in …
It’s Crunch Time For The Fed As Stagflation Looms – Ep. 162 Read More »
I recorded my last podcast on the afternoon of April 19, and I wanted to announce that later that evening, my first daughter was born – we named her Lilyan Ruth after both of our maternal grandmothers – so we now have Lilyan Ruth Schiff, she was 7 lbs 2 oz. of pure cuteness! If …
Hi-Ho Silver! Seems to be the rallying cry for the day The last podcast I recorded I talked about the breakout in silver and I actually regretted the fact that I didn’t get a chance to talk about silver during my CNBC interview On my last podcast I mentioned how strong silver had been looking …
This is another week of bad economic data that most people have ignored The stock market was up this week; the Dow closed up 1.8% on the year I don’t know if the Dow was rising in spite the bad news or because of it The bad news means the economy is weak and corporate …
Does The Silver Market See What The Atlanta Fed Missed? – Ep. 159 Read More »
By: Peter Schiff, President and CEO Euro Pacific Capital The Winter of 2015-2016, which came to an end a few weeks ago, has been officially designated as the mildest in the U.S. in 121 years according to NOAA. While this fact will certainly add a major talking point in the global warming debate, it should …
The dollar index traded below 94 for a good part of the day, but it did manage to close up at 94 even, down just .20 Gold was up another $19 Silver really shined brightly today, up .54, just below $16/oz. Mining stocks, of course, were on fire; GDX was up just under 6% on …
Obama and Yellen Recovery Narrative Unraveling Fast – Ep. 158 Read More »
I finally found the two letters written to me by Alan Greenspan in 1987. They were written in response to letters that I wrote him at age 24, the year I graduated from U.C. Berkeley (I took two years off to work between my sophomore and junior years.) I was prompted to write based on …
Today is the Wisconsin Primary but Donald Trump has been getting a lot of flack in the media over the last couple of days about his comments about the U.S. economy, particularly in the financial media because Donald Trump has now predicted a “very massive recession” in the U.S. He didn’t just say a recession, …
Trump’s Very Massive Recession May Have Already Begun – Ep. 157 Read More »
Well, it’s April Fool’s Day today and there certainly were a lot of fools out on Wall Street buying all the nonsense about the better than expected Non-Farm Payroll numbers Many of those fools were also fooled into thinking that these supposedly good jobs numbers puts a June rate hike back on the table In …
Jobs Report Merely An April Fool’s Joke – Ep. 156 Read More »
