The red-hot gold stocks have spent most of March in consolidation mode, grinding sideways near their 2016 highs. Interestingly this month’s rally pause is par for the course seasonally in […]
The feds recently released new data on student loan debt. The Department of Education press release claimed it showed “promising repayment trends.”If these latest numbers are good news, I’d hate to see the bad.As the Foundation for Economic Education (FEE) pointed out in its blog, total student loan debt increased at a healthy clip last year:The total amount of outstanding direct student loans stood at $855 billion at the beginning of the first quarter of 2016, distributed among over 30 million recipients. (This total does not include loans still outstanding under the now-discontinued FFEL program, which guaranteed private-sector student loans.) The total direct loan amount outstanding is up roughly 15% over a year ago, doubtlessly the result of relentless tuition increases.”The numbers also reveal that 46% of student loans are not currently being repaid. That doesn’t include debt held by students still in school or within the six-month grace period after graduat...
Global Central Banks have run out of ‘ammunition’. Since March 2008, Central Banks have cut interest rates 637 times and have purchased a staggering $12.3 trillion dollars’ worth of assets. There is not much more […]
If these four structural trends highlighted don't reverse, the middle class is heading for extinction.
The conventional knock on gold is that it is inconvenient and expensive to hold, and doesn't provide yield. But as Albert K Lu shows in his latest Gold Videocast, in a world of negative interest rates, this argument is becoming applicable to cash.For instance, the world's second largest reinsurance company has decided to pull cash from banks and store it in its own vaults to avoid negative rates. If you are going to do that, why not buy gold? Especially in a very weak economic environment.I think people are figuring out that if you're going to go to all this trouble holding physical bills, taking your deposits out of the bank where they once were very liquid and apparently very safe, and go to the trouble of vaulting them at home or in your company's vaults as in Munich Re, maybe you should start thinking about gold."
The Affordable Care Act (popularly known as "Obamacare") promised to lower costs... 6 years later, has it lived up to its promises?
Harry Dent, best-selling author and economist, has warned that the stock bubble in the U.S. today is the biggest in history and that the “greatest crash of your life is […]
In this riveting interview, PM Fund Manager Dave Kranzler explains why Gold is looking attractive...
Published on Mar 24, 2016 Watch the full video: https://www.goldsilver.com/hsom/ep6/
Peter Schiff, discusses his bullish view on Gold & why it is a safe bet for investors. Also, his perspective on the Fed & interest rates.
Days of Revolt, Chris Hedges interviews economist Michael Hudson on the history of classical economics and explores Marx’s interpretation of capitalism as exploitation
Is the US trade deficit a problem that only protectionism & tariffs can solve? What are the real economics of free trade versus protectionism?
According to data released by the Swiss customs department on Tuesday, Venezuela has net exported 11 tonnes of gold to Switzerland in February 2016.
This article was submitted by Matt Malleo, Managing Director at SchiffGold. Any views expressed are his own and do not necessarily reflect the views of Peter Schiff or SchiffGold.In his book Crash Course: The Unsustainable Future of Our Economy, Energy & Environment, author Chris Martenson describes the three types of wealth. Following is a brief breakdown of those three wealth categories and in which types you should focus your investment strategy. (For further reading on this topic, I suggest Crash Course and Second Chance by Robert Kiyosaki. Both books were referenced in the following article.)The three types of Wealth are: primary, secondary and tertiary.
Peter Schiff's Gold Giveaway ended at midnight last night. Winners will be drawn at random from all of the entries that were submitted. We will be announcing them soon.Lucky winners will collect more than $4,500 worth of prizes, including gold coins, silver bars, and books signed by Peter Schiff.
Physical and derivative gold trading at the Shanghai Gold Exchange (SGE) in 2015 reached 17,033 tonnes, up by 84 % from 9,243 tonnes in 2014. In New York at the COMEX […]
Gold prices fell below the key psychological level of $1,250 an ounce this week. Does Gold require a fresh catalyst to maintain momentum? Peter Hug joins Daniela Cambone to discuss:
After adding 6,700,000 ounces (208 tonnes) of gold to her reserves in 2015, and 700,000 ounces (21 tonnes) in January 2016, the Central Bank of the Russian Federation announced today that […]
This is your last chance to win gold and silver!SchiffGold is giving away more than $4,500 worth of prizes, including gold coins, silver bars, and books signed by Peter Schiff. But your last chance to enter is midnight tonight (March 22).Anyone can enter to win – no purchase necessary! Click the link below to learn more or scroll down to enter immediately.Peter Schiff’s Gold Giveaway
"A systemic Lehman event is in progress..."