Precious metals news

When it comes to market timing and predictions, no one wants to take responsibility for such precise forecasts. Bo Polny, however, has done just that, and has made some extremely […]

"Conditions are ripe for capitulation..." 

Jim Rickards on the global implications of the Chinese markets and economic slowdown

China's $3T banking loss just beginning

Peter Schiff reviews the latest economic data ignored by the mainstream media and maintains his forecast that the Federal Reserve will not raise interest rates this week. Peter also explains why mainstream analysts are all wrong, whether they argue for or against a rate hike.
What does the Fed have to hang their hat on? All the economic data is pointing towards a decelerating economy, towards recession. All they can do it point to the jobs numbers and say, ‘Well, but we have a low unemployment rate.’ So what? First of all, employment has already been a lagging, rather than a leading, indicator. Companies don’t lay people off, and then we have a recession. That’s not how it works…"

Here’s another story for the “Peter Schiff was right” archive and another testament to just how clueless mainstream economists can be.
Three years ago, it was already becoming clear that ballooning student debt defaults were becoming a major problem. CNBC reported that the loan “industry underestimated defaults by a whopping $225 billion." We wrote earlier this week about the latest White House data revealing just how much worse the defaults have become.
In the summer of 2012, Peter appeared on CNBC to debate why the federal government should get out of the student loan business. Diana Carew, an economist with the Progressive Policy Institute (PPI), appeared alongside Peter to defend the need for federal college funding.
You can watch the video below, in which Carew counters Peter’s economic arguments with straw men, suggesting that Peter wants to “get to decide who goes to college.” Carew used the same emotional rhetoric employed by politicians:

Published on Sep 16, 2015 Thanks for watching/listening. Subscribe, Share, Like Please visit Jeff Nielson http://bullionbullscanada.com
Please visit Rory http://thedailycoin.org

Viewers are urged to consider the implications of the Federal Reserve

Somebody wants the Saudis and their Arab neighbors to believe that Russia is intensifying its presence in Syria...

….including the Bank of England vaults...

Perceived risk is based on feeling and emotion. Actual risk is based on data. You can probably guess which one is more accurate.

The collision course between East and West is more serious than ever...

No, La Raza, California, Arizona and Texas are not yours. At least not for now. And please, if Mexico’s borders really did control those states you would just be flooding […]

Mike explains the Comex Scam in Detail

In a recent broadcast, CNBC commentator Rick Santelli presented what is now affectionately known as “The “Santelligram”. 

Investor sentiment today is looking like it did in 2000, and that could be a sign markets are in a bubble

Russia's government long has understood gold's secret power over the international monetary system. In an address in June 2004 at the summer meeting of the London Bullion Market Association at […]

I am not certain what is going on in the COMEX because the figures are subject to falsification. The one thing I can say with certainty is the the banksters […]

The parlor game of the moment is laying odds on the Federal Reserve's decision to raise rates, leave rates unchanged, or (gasp!) hint at future stimulus. There are certainly a […]

The yen is almost certainly rallying in anticipation of US rate hikes that produce an upturn in money velocity. That upturn is what will create substantial inflation in America, and […]