Precious metals news

Wall Street ended the year on a sour note and wrapped up 2015 down on the year for the first time since 2008.
Peter Schiff believes this is just a sign of things to come. He’s been saying consistently that the December Federal Reserve rate hike was likely a one-time deal with another round of quantitative easing and possibly negative interest rates in the future. Why? Because the data simply doesn’t support the economic optimism the rate hike was supposed to represent.
In episode 127 of his podcast, Peter looks closely at the numbers, and makes the case that despite the Fed’s desperate attempt to tell us otherwise, we are heading toward recession and bursting bubbles.

The world didn’t completely fall apart in 2015, but it is undeniable that an immense amount of damage was done to the U.S. economy. 

90 percent of the U.S. population would perish over the course of months following a major EMP event that crippled or wiped out the nation’s power grid.

That was “us” then: the can-do spirit that enabled average guys that cared for one another to do the things that define moments of greatness.

Silver Manipulation may be the most extreme in history...

*Update: Another massive explosion has reportedly just been heard at The Address A massive fire has broken out at The Address hotel in downtown Dubai, adjacent to the Burj Khalifa. The […]

2015 saw The Shemitah come and go, gold and silver smashed to 5-year lows, and the west appearing to be dead set on drawing Russia into WW 3.  It was […]

This following interview with Peter Schiff was originally published at Gold Eagle. Find it here.
Gold-Eagle: Fed Chair Janet Yellen recently hiked interest rates by 0.25%. What impact do you believe this will have upon US stocks and the national economy?
Peter Schiff: The air was already coming out of the bubble prior to this tiny rate hike. But now that the hole has been made larger by the hike, the air will rush out that much faster. The key is how much longer the Fed will wait before admitting that the economy is much weaker than they believed and reverse course.
Gold-Eagle: The last time the Fed increased the Federal Funds Rate was nine years ago in June 2006. In your view, do you believe the Fed will continue raising rates in 2016 with the objective of increasing inflation to stimulate economic growth?

What will the world (and silver prices) look like in 2016? 

History is about to repeat itself.  

Housing Sales off, High end Jewelry sales among the wealthy down

Richards tells us that the Fed will have to cut interest rates for the coming recession

Nobody “that is living has ever seen anything like this"...

These will be battles not fought in distant lands, but here…in our homes, in our towns. There are two keys to your victory to survive…

To discover the real players, the people who drive American domestic and foreign policy and make all of the important decisions, you only need to focus on a hand full […]

If you are found to be delinquent in paying your taxes, the IRS can now revoke your passport, blocking travel until you’ve been cleared by the tax behemoth.

What does a CEO do when the economy is in a persistent down turn and your business cannot expand or grow? Jump at the time tested strategy of acquisition to […]

Are you really prepped to hide if you were labeled as an enemy of the state?

Richards - "Gold, If It's Good Enough for the Chinese It's Good Enough for Me"

Contrary to what Martin Armstrong would like you to believe, THIS is why gold was revalued higher from $20.67 per ounce to $35 in 1934: