Precious metals news

TND Exclusive:  GATA’s Bill Murphy’s Friday Newsletter 2016 has proven to be a wild ride, and we’re only half way through January. Bill Murphy’s Friday issue was a great read. […]

Did China lend the West 300 million oz of silver in order to drain every last ounce of gold from NY and London!?! In this MUST READ missive, Bill Holter […]

BLACK FRIDAY AS ALL GLOBAL COURSES COLLAPSE!!

Take note, this massive 5 year down-trend line is about to BREAK and what follows will be the BREAKOUT OF THE CENTURY for Silver!

Over the past two weeks, Peter Schiff released a podcast and a Schiff Report video. He also appeared on CNBC, the Daily Ledger, Fox Business, X22, Newsmax, Yahoo! Finance, Stefan Molyneux’s podcast , and CCTV America.
Since the beginning of the new year, Peter has focused on the horrible start on Wall Street and the likelihood of an economic downturn in 2016. In several appearances, he continued to argue that the Federal Reserve won't be able to maintain its interest rate increase, and will ultimately drop the rate back to zero and launch another round of quantitative easing. Peter also offered his views on the State of the Union Address.
Follow these links to jump to the video or article you’d like to see:

The US stock markets have suffered their worst early-year losses in history in young 2016, an ominous proof that a major trend change is underway.  The Fed’s new tightening cycle […]

In case you missed it…

Schiff explains that "The Artificial High" is wearing off & the air is coming out of this bubble

In this MUST LISTEN extended interview, Hat Trick Letter Editor Jim Willie warns "the plug has been pulled", the long anticipated Great Reset Has Now Begun...

Peter Schiff spoke with CNBC World last night. Just like Futures Now and Yahoo! Finance, the anchor questioned whether or not the Fed is really to blame for market volatility. He thought commodity volatility – particularly oil – played a big role. Peter disabused him of this theory and explained why he expects the Fed to launch QE4 in 2016.
Why are commodities falling in price? It’s because of the Fed… Everybody believes that the Fed is going to be raising interest rates. That is strengthening the dollar, and it is the strength of the dollar that is undermining commodities, because commodities are priced in dollars. If the dollar goes up, commodities become more expensive for everybody who has to pay in a currency other than the dollar. This is the source of all this instability and volatility."

Last month, Peter Schiff told CNBC the US stock market would fall dramatically if the Federal Reserve hiked rates. That is exactly what has happened in the new year, and when CNBC spoke with Peter yesterday they admitted his prediction had been right. However, they were still skeptical of Peter’s forecast of the economy sliding back into a recession. Notice how Peter's favorite rival, Scott Nations, kept his mouth shut through the entire interview. Peter noted: "The expression on his face is priceless. I did not even know he was there." Review their rivalry here.
The markets are going to drop until the Fed changes the game. When is the Fed going to take away the rate hikes? When are they going to cut? When are they going to launch QE4? That’s the only thing that’s going to put a floor beneath the market, because the economy is going into recession."

This article was submitted by Addison Quale, SchiffGold Precious Metals Specialist. Any views expressed are his own and do not necessarily reflect the views of Peter Schiff or SchiffGold.
Check out this article on an absolutely mind-boggling phenomenon taking place in Switzerland. Apparently Local Cantons (what states are apparently called over there) are actually telling taxpayers not to send the money they owe in to the government - at least not right away. They're saying just hold on to the cash until the deadline.
What could possibly be a good reason for Leviathan to not want its food/funding ASAP? Well, when you live in a land of negative interest rates, things get a bit tipsy turvy. I guess it's a bit like bizarro-world from that episode of Seinfeld - where up is down and bad is good.

Peter Schiff spoke with Yahoo! Finance yesterday. The anchor was skeptical of Peter’s forecast of the United States sliding into a recession in the first quarter of 2016. She pointed to the low unemployment rate as the sole reason for optimism. Peter explained why employment is a lagging indicator, and reminded her of Fed Officer Bullard's history of hinting at the Federal Reserve's real agenda:
Today, Bullard tried to throw the market a lifeline by trying to insinuate that maybe the four rate hikes the Fed has already telegraphed are coming for this year – well, maybe they might come a little bit slower… The last time that Bullard really saved the market was back in October of 2014 when he hinted at QE4. This time, I think, the Fed is going to have to more than just hint at it..."

George Magnus, senior economic adviser at UBS, discusses China's credit growth & why he says the country could be headed for a crisis.

When the international financial press presents their standard explanation for the panic decline in the Chinese stock market, most want to tamp down the acute apprehension that the long awaited […]

Many Americans may soon learn how it feels if everything that they worked for during their lives was suddenly wiped out.

The crazy valuation levels aren’t just limited to Wall Street darlings who saw prices of their stocks rise to all-time highs in recent years.

I am writing to you to warn you about the disruption that is about to occur in banking. There are many startups (and larger companies too) that are gunning for […]

Perth Mint silver sales skyrocketed in 2015...