This is a default just waiting to happen.
In case you’ve been living under a geopolitical rock for the last couple of years, you’d know that despite a brief period of time during which Egypt appeared headed toward […]
Merk tells that he's liquidated most of his stocks, he's building an "outright" short position on the market & finding shelter in Gold.
Investment adviser Doug Casey recently appeared on Reason TV to discuss the current state of the US economy. He did not paint a rosy picture, saying that things are "building up to a catastrophe of historic proportions." Doug made some stark comparisons between the current situations in American and conditions leading up to crises in Greece and Argentina, and even the Great Depression. As a way of warning, he criticized Greeks who failed to see the warning signs and act before it was too late.But all is not gloom and doom. Doug sees opportunity in the pending economic crash, and he points to gold as a "great value."
This article was written by Laurynas Vegys and originally published by Casey Research. Any views expressed do not necessarily reflect the views of Peter Schiff or SchiffGold.Silver is down 7.1% this year. Will this weakness persist? To find out, let’s look at the key factors in the silver market this year.The first two factors helped push silver 19.9% lower last year. That’s more than gold or any other precious metal fell. Despite this, silver production rose 5% in 2014. That added to the pressure on prices.
Mainstream pundits regularly scoff at Peter Schiff when he insists that real inflation is higher than the official Consumer Price Index (CPI), but an AP report this week vindicates his position.During a recent interview on MSNBC, Schiff insisted that money printing by the Federal Reserve has already created a lot of inflation. He also believes the Fed must continue its inflationary policies. But the host scoffed, disputing the notion that the introduction of all these new dollars is necessarily inflationary.I feel this is the refrain we’ve been hearing from gold advocates for a long time, especially since 2008 – that inflation has to go up. But when we look at actual consumer prices, they’ve been very muted…”
the excessive monetary policy from central banks around the world has created a "debt supernova," and all the signs point to "the end of the central bank enabled bubble
In 1933, with America five-years deep into The Depression, the stage was set for an act of unprecedented proportions. History shows a wicked warlock at work:
Americans are NOT happy, and they have every right to be pissed off:
The labor force participation rate continues to decline into oblivion...
When you are running a Ponzi scheme as large as the paper gold and silver scam and the jig is almost up you will do anything and that is the […]
This is what ‘researchers’ are doing with Planned Parenthood “line items”:
I wrote a story about poor Clarence who retired in 1979, and even poorer Larry who retired last year. I created these characters to challenge the notion of calculating a […]
It does not matter how much gold China has bought, how many gold/silver coins have been sold to the public, even record numbers. It does not matter how low is […]
There seems to be more evidence indicating the beginning stages of a global run on silver. Something significantly has changed in the silver market...
Did you know that a full-blown economic collapse is happening in Iraq right now? And did you know that the economy of Ukraine is contracting rapidly and that it cannot […]
Silver production has just fallen off the proverbial cliff...
If it were up to the Federal Attorney General and the President of the German Domestic Security Agency, two of our reporters would soon be in prison for at least […]
If you have any interest in how Bitcoin, fintech, and decentralized ledgers generally could disrupt trading and settlement of financial instruments on global markets, make sure to take the time to watch this […]
An article on Bloomberg comparing the gold market in the late 1970s – dramatically peaking in 1980 – to that of recent years has suggested that “gold could soon get […]