| Global Market Wrap-Up |
Despite expectations for a very weak existing home sales figure, the number came in even worse than estimated and U.S. stocks sold off as fears of double dip continue to grip the market. The S&P 500 fell 1.5% and NASDAQ 1.7%. All eyes were on existing home sales, which make up...
U.S. stocks rallied sharply at the open of the session Monday for no apparent reason, than sold off for much of the day, ending at their worst levels of the day. The S&P 500 fell 0.4% and NASDAQ 0.9%. There was no economic news but looking ahead this week, there will be housing...
Investing in foreign securities involves risks, such as currency fluctuation, political risk, economic changes, and market risks. Precious metals are volatile, speculative, and high-risk investments. As with all investments, an investor should carefully consider his investment objectives and risk tolerance as well as any fees and/or expenses associated with such an investment before investing. International investing may not be suitable for all investors.
Dividend yields change as stock prices change, and companies may change or cancel dividend payments in the future. The fluctuation of foreign currency exchange rates will impact your investment returns if measured in U.S. dollars. Past performance does not guarantee future returns, investments may increase or decrease in value and you may lose money.
Security industry regulators would like you to know that our investment strategies are based partially on Peter Schiff’s personal economic forecasts which may not occur. His views are outside of the mainstream of current economic thought. Investors should carefully consider these facts before implementing our strategy.
