Why We Should Take a Solutions Approach to the Crisis and Look at Some Things DifferentlyBy Peter Schiff, President of Euro Pacific Capital, Inc. Author of The Little Book of Bull Moves in Bear MarketsI don't think we're going to see any light at the end of the tunnel until we have a clear, objective understanding of how we got into this mess in the first place. There is a tendency whenever major problems occur in the economy to place blame on external factors and to assume that the external factors can be prevented from causing similar problems in the future by expanding the government's regulatory powers. The problem I have with this kind of thinking is that it makes government bigger and more intrusive without ever getting at the root of the problem, which is usually the government ...

HIDDEN VALUE

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Now on to the markets and today’s four Hidden Value picks…

The bear is raging again today.

European and Asian stocks ended mostly lower.  Back in the US, traders beat the Dow down by 350 points.

Crude oil fell to nearly $75. That’s half the price it was a mere four months ago…

And gold is up $10. This leads us to our first pick.

—Special —

Urgent News… that Could Save You $85,000 this Year

Millionaire investor and news analyst Peter D.

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By Peter D. Schiff Guest Columnist In football, when a running back intends to cut to the left, he often first fakes right.  This move is designed to make the defense commit its resources in the wrong direction.  It is my experience that markets often follow a similar path. Just prior to a major move in one direction, markets often make a sharp move in the opposite direction first. With respect to the dollar, gold, oil and other commodities, many on Wall Street have bought into the fake – and will soon be watching in amazement as the runner sprints to the end zone. Over the last few months, as the dollar rose more than 10% against a basket of other currencies – and as gold and oil sank to multi-month lows – many investors concluded that a threshold had been crossed, and that ...

By Peter D. Schiff Guest Columnist Economists, who now see American troubles spreading around the world are predicting that foreign central banks will ignore the gathering inflation threat and follow the U.S. Federal Reserve down the rate-cutting path. Similarly, they argue that since the downturn began here, the recovery of the U.S. economy will likely be under way while the rest of world is still decelerating. These assumptions have prompted a recent rally in the U.S. dollar, and an accompanying sell-off in gold, commodities and foreign stocks, and have cast doubts on the ability of foreign economies to economically "decouple" from the United States. But investors should not take the bait. America and the U.S. economy does, indeed, pose a global threat, but not for the reasons these economists suppose.  Foreign economies are suffering not because American consumers have slowed their voracious spending, ...