The world is nervous. With the recent US missile strike in Syria and escalating tensions in North Korea, people have turned their thoughts to war. Google searches for "world war 3" have hit all-time highs according to info available on Google Trends. Related searches such as "Trump war," "Syria war," and "nuclear war" are also trending at record levels.
This article was submitted by Matt Malleo, SchiffGold Precious Metals Specialist and Managing Director. Matt was formally educated at Cornell University where he studied business. Any views expressed are his own and do not necessarily reflect the views of Peter Schiff or SchiffGold.The following is a fictional account of a day-in-the-life of a teenage boy named Mike Stockton living in 1967. Mike's story is recorded as a set of entries made in his financial diary, outlining his economic activity, a summer night date, and his hopes of buying the car of his dreams.
It is the recently weak dollar, another indication of waning growth expectations is driving the outperformance of gold, platinum and foreign stocks so far this year.
Let's start with some historical perspective: when income tax began in 1913, the maximum marginal income was only 7% on incomes above what would be more than $12 million in today's dollars.
I had evidence that Deutsche Bank's audits were fake. Both stonewalled the evidence. BaFin appeals to have closed its investigation against Deutsche Bank within forty-eight hours of gold and silver […]
This is the risk to the housing market. If you have the bulk of your assets in real estate, then one way to keep them is to run out and get a 30-year FIXED mortgage now while you can.
with sales now negative in 11 out of the last 12 months, the longest stretch since the financial crisis.
The Yen is not ‘tracking’ but instead ‘creating’ these moves in the U.S. capital markets.
Allocation to US equities has slumped to the lowest levels since Jan 2008: among the catalysts for scramble from US are valuation, as "83% of investors say US stocks overvalued, highest on record"
It Appears Mark Taylor is Taking Investigation of Alleged Gold and Silver Manipulation into His Own Hands:
Rising credit card interest rates are pushing Americans deeper into a long-term debt trap.
Americans now owe $1 trillion in credit card debt, with an average monthly balance of about $9,600 for
But here’s something you can do now
As Pentagon looks for strategies to pressure into denuclearization, officials worry that intercepting missiles could escalate tensions and risk war...
Audit the Fed recently took a step closer to becoming law, when it was favorably reported by the House Committee on Oversight & Government Reform. This means the House could vote on the bill at any time.
Excess reserves of depository institutions peaked at $2.7 trillion in August of 2014. By December of 2016, excess reserves fell to $1.9 trillion but have since climbed back to $2.2 trillion.
A dysfunctional U.S. Congress faces a deadline to avoid another costly government shutdown.
Just how bad is the ongoing fraud in the banking system? Get ready for a mind-bowing expose by a former insider at UBS.
From global equities to U.S. municipal debt, fund flows have changed course
The IMF cites shifts to protectionism as a threat, and cuts its outlook to 2018 global trade.
The American economy has split in two: how averages of wealth and debt obscure the profound risks.