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Peter Schiff Says Investors Running Out Of Time To Buy Gold Below $2K Per Ounce: 'Don't Get Left Behind'
Friday, March 31, 2023 - 7:16am | 439Peter Schiff, chief economist and global strategist at Euro Pacific Capital, believes investors may be running out of time to buy gold below the $2,000 per ounce price, as the yellow metal has embarked on an upward path in the wake of sticky inflation. What Happened: "Time is running out to buy #...
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13 Financial Pros React To Emergency Interest Rate Cut: More Stimulus Needed?
Monday, March 16, 2020 - 1:18pm | 1304On Sunday, the Federal Reserve issued its second emergency interest rate cut of March, slashing its fed funds target range by 1% to between 0% and 0.25%. In addition to the rate cut, the Fed announced a new $700 billion quantitative easing program. On Monday morning, the Federal Reserve said it...
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Peter Schiff Says Fed Is Doubling Down On Bad Policy: 'It's Obvious That We're Heading To Recession'
Friday, June 21, 2019 - 7:40am | 524Peter Schiff, the CEO and and chief global strategist at Euro Pacific Capital, pulled no punches at the Benzinga Trading Summit on Thursday in New York City. To understand today's financial climate, it's best to examine the dot-com crisis of the 1990s, he said. "That excess liquidity...
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2018: The Year Of The Bitcoin Bust?
Monday, December 17, 2018 - 2:48pm | 769With Christmas nearing, bitcoin is celebrating a big anniversary this week, one that investors would rather forget. Dec. 16, 2017 was the day bitcoin prices hit $19,783, the cryptocurrency’s all-time highest price. Today, bitcoin is trading at $3,462, a roughly 83-percent decline. Bitcoin...
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Peter Schiff: Bitcoin Is 'The Biggest Bubble I Have Ever Seen'
Thursday, December 21, 2017 - 2:14pm | 693It’s been called fraudulent. It’s been compared to Beanie Babies. But most often, critics of bitcoin slap one label: bubble. “This has got bubble written all over it, and I think it is the most irrational, it is the biggest bubble that I have ever seen,” Peter Schiff, CEO...
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Peter Schiff: The Economy Is Doomed
Thursday, November 19, 2015 - 4:16pm | 493Peter Schiff was recently a guest on #PreMarket Prep, a daily trading idea radio show hosted by Joel Elconin and Dennis Dick. Tune in to the daily broadcast live Monday-Friday at 8 a.m. ET here. Schiff, CEO and Chief Global Strategist at Euro Pacific Capital, shared his outlook on the economy....
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3 Very Different Reactions To The FOMC Rate Decision
Thursday, September 17, 2015 - 4:27pm | 718After plenty of anticipation, the FOMC has finally met, ultimately deciding to keep interest rates unchanged and at record lows. The Fed cited a few reasons behind this decision, including the sluggishness in the global economy, low inflation in the United States and recovering housing and labor...
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EXCLUSIVE: Peter Schiff Says QE4 Is 'Where We Are Headed'
Wednesday, March 18, 2015 - 10:21am | 885Speaking to Benzinga, Euro Pacific Capital CEO Peter Schiff said that he thinks it is "more likely than not" that the Fed will remove the word "patient" from its commentary on Wednesday afternoon -– but it is not a sure thing. "If they remove it," he said,...
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EXCLUSIVE: Peter Schiff And Ron Insana On Where To Invest In 2015
Thursday, January 15, 2015 - 3:05pm | 725There isn’t much that Peter Schiff and Ron Insana will agree on. Schiff, the CEO of Euro Pacific Capital, is not a fan of the Federal Reserve. He thinks the Fed has put the U.S. in a situation where it will destroy the dollar. But Insana, author of Market Intelligence, says the Fed has...
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Peter Schiff On Why U.S. Monetary Policy Is 'Monetary Heroin'
Tuesday, September 9, 2014 - 9:59am | 543The Federal Reserve is going to continue to print money until the next crisis, according to Euro Pacific Capital CEO Peter Schiff. Schiff was recently a guest on Benzinga’s #PreMarket Prep, where he explained why the Fed is merely providing air for financial bubbles in stocks and real...
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Peter Schiff and Nouriel Roubini Get Charged Over QE
Wednesday, May 14, 2014 - 7:33pm | 705Peter Schiff, forecaster of the 2008 crisis and Global Strategist at Euro Pacific Capital battled it out with Nouriel Roubini, cofounder of Roubini Global Economics and Professor of Economics at NYU's Stern School of Business. The two sat on a panel of four, but quickly turned the debate...
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UPDATE: Euro Pacific Capital Initiates Coverage on Box Ships on Mixed Factors
Thursday, August 22, 2013 - 10:59am | 125In a report published Thursday, Euro Pacific Capital analyst Mark Suarez initiated coverage on Box Ships (NYSE: TEU) with a Neutral rating and $4.50 price target. In the report, Euro Pacific Capital noted, “TEU leases containerships to leading container operators under short-to-medium term fixed...
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UPDATE: Euro Pacific Capital Lowers Price Target on FX Energy on Production Test Results
Tuesday, July 9, 2013 - 3:48pm | 184In a report published Tuesday, Euro Pacific Capital analyst Joel Musante lowered the price target on FX Energy (NASDAQ: FXEN) from $5.50 to $5.00, holding the company to a Speculative Buy rating. In the report, Euro Pacific Capital stated, “FXEN announced that its Plawce 2 exploration well was...
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UPDATE: Euro Pacific Capital Initiates FX Energy at Speculative Buy Following Discoveries in Poland
Friday, May 31, 2013 - 8:32am | 204In a report published Friday, Euro Pacific Capital analyst Joel Musante initiated coverage on FX Energy (NASDAQ: FXEN) with a Speculative Buy rating and $5.50 price target. In the report, Euro Pacific Capital noted, “We are initiating coverage of FX Energy with a SPECULATIVE BUY rating and a $5...
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UPDATE: Euro Pacific Capital Initiates Coverage on Gulfport Energy with Buy Rating, $65 PT on Utica Growth Driver
Wednesday, May 22, 2013 - 8:47am | 158In a report published Wednesday, Euro Pacific Capital analyst Joel Musante initiated coverage on Gulfport Energy (NASDAQ: GPOR) with a Buy rating and $65.00 price target. In the report, Euro Pacific Capital noted, “We are initiating coverage of Gulfport Energy (NASDAQ: GPOR) with a BUY rating...