In his latest podcast, Peter Schiff reviews a statement from Bank of America warning that the Federal Reserve could forgo a rate hike and start up a new round of quantitative easing.While most are focused on the risks around a withdrawal of liquidity, we believe the biggest hit to confidence could be the opposite: if another round of US QE is necessary to prop up the economy... QE fatigue is already evident: each subsequent round of QE has seen diminishing risk rallies. Another round of QE would imply that $4.5tn was not enough. And it would also likely have a very negative read-through for QE programs currently underway in Europe and Japan.”With even more poor economic news in the past week, it’s no wonder that some mainstream analysts are waking up to the possibility that Peter has been forecasting for months. Peter reviews that poor data in the second half of this episode.
In a piece that has subsequently gone viral, Martin Armstrong recently wrote: In many European countries, people can no longer buy retail gold coins for bullion. Shops will buy but […]
With the recent announcement of Deutsche Bank’s leaders resigning, like rats deserting a sinking ship, their escape may be tied to the “Grexit” situation. Deutsche Bank has over $75 trillion […]
Ed Steer joined the lovely Vanessa Collette at this year's Cambridge House Conference discussing why now is the time to buy as much physical gold and silver as you can […]
Never underestimate the value of enhancing your preparedness mindset...
"Unless the dollar and with it US power collapses or Europe finds the courage to break with Washington and to pursue an independent foreign policy, saying good-bye to NATO, nuclear […]
The amount of fraud taking place in the major banks throughout the world is staggering to say the least. Ironically, the only market that isn’t manipulated, is the silver market… […]
To support continued progress toward maximum employment and price stability, the Committee today reaffirmed its view that the current 0 to 1/4 percent target range for the federal funds rate […]
In 2014, Alan Greenspan, a former president of the Federal Reserve, said that by redeploying even a relatively modest part of China’s foreign exchange reserves into gold, the yuan could […]
This is the most serious, international crisis of my lifetime...probably your lifetime, too...and things are rapidly moving from bad to worse.
Here's what Housing Bubble 2.0 looks like:
The pre-Fed period of the American Economy is pretty stable. Two spikes occur due to wars that we know disrupted the economy—and they’re pretty small, considering. Interest declines to a […]
While the US worries about whether the 2018 FIFA World Cup will be held in Russia or not, Putin has been quietly dumping 40% of Russia's T-bond holdings in the […]
Finance doesn’t take kindly to mavericks...
A “bull era” is clearly here. Chinese banks are mandated by the Chinese government to promote gold in a positive way. The world’s largest banks dominate gold trading. They are […]
Amid international tensions in the South China Sea, Beijing and Washington have taken a major step toward reconciliation, signing an agreement to boost cooperation between the armies of both nations. […]
It looks like Greece will finally have its Lehman Brothers moment THIS WEEKEND...
The Bill Has Been Signed Some of our shield brothers might remember that 3 months ago, I wrote an article detailing how Texas was on the verge of taking steps that […]
The world’s elite are meeting in secret this week at the Bilderberg meeting, set at a luxury resort in Telfs-Buchen, Austria. Investigative journalists have confirmed that the private discussions among […]
If you want an anti-gold story, look at this infographic from Harry Dent. He will reassure you that your fiat dollars are solid and that gold prices are going much […]