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Peter Schiff made his regular appearance on InfoWars last Friday. Guest host Paul Joseph Watson talked with him about the Federal Reserve’s rate hike decision and gold’s price movement in response. They also discussed the destruction of the American middle class, the ill effects of minimum wage laws, and the role the Fed will play in the 2016 election:
I think the only basis that they [the Fed] makes decisions on is political. I think that determines every move that they make. That is the sad reality. Janet Yellen is a very partisan democrat. She believes in big government and the big government policies of the New Deal and the Great Society. She wants to see the president’s party stay in power. I’m sure she wants to see Hillary Clinton as our next president, and she believes that Hillary Clinton will reappoint her as Fed Chairman. "
There is a very high probability that the S&P 500 and the CRB will re-correlate and that the move which forces this event will cause a more severe decline than […]
Hear a rare insider's view of what interests are behind U.S. wars, the manipulation of intelligence, the intertwining of the military and corporate world, and why the U.S. Empire is doomed.
This market has gone nowhere in the last 13 months. It’s about to go somewhere, and that is DOWN.
The United States is being propped up by several Ponzi Schemes.  Steve St. Angelo of the SRSRocco Report down with Jason Burack at WallStforMainSt and discussed why the U.S. Financial […]
    A Free Market in Interest Rates
December 21, 2015
Unless you’re living under a rock, you know that we have an administered interest rate. This means that the bureaucrats at the Federal Reserve decide what’s good for the little people. […]
    In Your Face "Black Swan"!
December 21, 2015
Once the unravelling begins it will go very quickly. We will soon know for sure whether the great unwinding has truly begun. I believe it has!
NSA Whistleblower William Binney suggests Americans should pay intelligence agencies only as long as they are bolstering our defenses and we don’t get attacked.
When will paper money stop losing its value?
Only once before, in the history of Comex's disaggregated data, have the speculators in the investment management industry been net short, and that was on 28th July last. Today's position […]
    Janet Yellen Lit the Fuse
December 21, 2015
The prices of the metals were sagging.  Silver was trading around $13.80. On Wednesday, Janet “Good News” Yellen said the magic words.
Has China imported more physical gold in 2015 alone than the US' remaining REAL gold reserves!?!
And in other news, this just happened...
Gold fell to the lowest level in dollar terms since 2009 yesterday after the Fed’s “historic” 25 basis point interest rate rise on Wednesday. The rate hike has been heralded […]
    In Case You Missed It- Week in Review
December 20, 2015
In case you missed it...
Huge fund liquidations will create havoc on Wall Street:
    Post-ZIRP Stock/Gold Era
December 20, 2015
The Federal Reserve finally mustered the courage to end its radical zero-interest-rate-policy experiment this week.  Its quarter-point rate hike announced on the seventh anniversary of ZIRP kicks off the long […]
Peter Schiff's appearance on CNBC's Futures Now yesterday was quite different from his interview on Fox Business on Wednesday. CNBC anchors more or less scoffed at his suggestion that the Federal Reserve's rate hike announcement was simply a strategy to cover the fact that the Fed has almost zero confidence in the United States' economic recovery.
Regular readers of Peter Schiff's Gold News will enjoy his ongoing argument with Scott Nations in the latter part of the interview. You can watch their past clashes here and here.
This time, Scott challenged Peter Schiff to defend his advice to buy gold over the past few years. Peter reminded Scott he was telling people to buy gold when it was under $300 per ounce. But Scott kept pushing – "Let's talk about being so wrong," Scott demanded. Peter silenced Scott with a simple question: "Have you ever told somebody to buy a stock at 19 and then it went to 17?" After stammering for a moment, Scott pressed Peter further on his gold pred...
Shortly after the Federal Reserve’s rate hike announcement on Wednesday, Peter Schiff appeared on Fox Business alongside Moody’s Chief Economist John Lonski and Fox Business correspondent Charlie Gasparino. For once, everyone seemed to agree with Peter that the Fed’s decision does not actually mean the US economy is truly recovering. As Peter pointed out that everything from housing to sovereign credit is in a bubble, Lonski pointed to the terrible performance of the S&P 500 this year:
Even if we go to the S&P 500, throw out all the energy companies that got hammered in the third quarter, the remaining companies in the S&P 500 showing year-to-year sales growth of less than 1%. Believe me, there’s no way in the world we’re going to continue to see payrolls growing as rapidly as we did…”
    The Golden Bear of 2011 (continued)
December 18, 2015
Its time to re-evaluate the Golden Bear...