Peter Schiff, of Euro Pacific Capital uses illustrations, humor and storytelling to explain economic and monetary concepts in his book, How and Economy Grows and Why it Crashes. The book uses parody and analogy to compare our current global economy with a small island economy based on fishing.
Today’s chart scan highlights Baytex Energy Trust (BTE) and Powershares US Dollar Index (UUP). Baytex currently offers a lucrative 6.30% dividend ratio. Additionally, its shows a symmetrical triangle formation on decreasing volume. The Powershares Dollar Index (UUP) is also important to watch given the recent FED action. UUP is quickly approaching key long term support levels.
Most books and financial advisers out there do a great job of pretending to predict future events after the fact. This isn’t the case for controversial market forecaster, Peter Schiff of Euro Pacific Capital. In his book, Crash Proof 2.0: How to Profit From the Economic Collapse, the real estate and stock market crashes were [...]
Helicopter Ben has been steadily hovering over the United States throwing hoards of dollars at the so called credit crisis. We have all heard about the need for added liquidity into our financial system. However, few people realize the repercussions of cheap money
The recent 6-month run in the stock market has baby boomers and the collective investing community jumping for joy. Double digit gains approaching 50% for some investors and retirees have eased the pain temporarily.