Blogspot - peterschiffblog.blogspot.com - Peter Schiff Blog
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We Are Heading For An Economic Crisis 27 Aug 2013 | 01:10 am
"I think we are heading for a worse economic crisis than we had in 2007." - in the Wall Street Journal (blog) Related ETFs: Financial Select Sector SPDR (XLF), SPDR SP 500 Index ETF (SPY) Peter Sch....
GDP Reports & Government Propaganda 26 Aug 2013 | 07:47 pm
“I think we have been getting overly optimistic [GDP] assessments from the government. They want to make GDP appear bigger than it normally would be, and growth to appear bigger. So this is government...
Gold: Everything Supports The Fact This Is Yet Another Buying Opportunity 26 Aug 2013 | 07:42 pm
“I think everything supports the fact this is yet another buying opportunity in a string of buying opportunities. In fact, I think this may be the best buying opportunity yet." - in Money News Relat....
QE, Tapering & Bluff 25 Aug 2013 | 05:19 pm
"The number that is on everybody`s mind is 85. Eighty five billion a month in QE. The market that lives by QE, dies by QE. People are starting to factor in tapering. And if the Fed tapers this market ...
Video: The Market That Lives By QE, Dies By QE 23 Aug 2013 | 07:20 pm
Related ETFs: iShares Barclays 20+ Yr Treasury Bond ETF (TLT), iShares Lehman 7-10 Yr Treas. Bond (ETF) (IEF), iShares MSCI Emerging Markets Index ETF (EEM), SPDR SP 500 Index ETF (SPY), SPDR Dow Jone...
The Inflation Numbers Are Going To Get Bigger 22 Aug 2013 | 06:48 pm
“It’s going to be harder and harder for the U.S. government to borrow money from abroad which means the Fed is not going to be tapering. They’re going to print more and more money to buy the bonds nob...
Real & Nominal GDP: How Do We Measure Inflation 21 Aug 2013 | 09:43 pm
"A minor, but persistent under bias in the inflation gauge used in the Gross Domestic Product (GDP) may have created a wildly distorted picture of our economic health. It would be impossible to measu...
Compound Interest: The Most Powerful Force In The Universe 21 Aug 2013 | 06:35 pm
Albert Einstein, a man who knew a thing or two about celestial mechanics, supposedly once called compound interest "the most powerful force in the universe." While the remark was likely meant to be fu...
Federal Reserve: The U.S. Economy Is In Trouble Regardless Of Who President Obama Chooses 20 Aug 2013 | 06:47 pm
“I think the U.S. economy is in trouble regardless of who President Obama chooses, because it’s going to be more of the same policies that have brought the country to the brink of economic ruin.” - in...
Retailers & The Economy 19 Aug 2013 | 10:32 pm
"(...) First of all, look at the earnings. We got earnings from Macy`s (M) and from Wal-Mart (WMT), very different types of stores but both had the same story. Their sales both missed Wall Street esti...
