In a new written commentary for Euro Pacific Capital, Peter Schiff examines a recent CNBC interview with Larry Lindsey, a former Federal Reserve Governor and White House Chief Economist. Peter points out that Lindsey is one of the few government economists whose forecasts approached reality, and Peter commends him for urging the Fed to raise interest rates.However, Peter doesn’t think Lindsey goes far enough in his warning. Watch Lindsey’s interview below, then read Peter’s commentary.The Bunch Bowl Stays By Peter SchiffIt is well known that I don’t think much of the ability of government officials to correctly forecast much of anything.
Is the financial collapse that so many are expecting in the second half of 2015 already starting? Many have believed that we would see bonds crash before the stock market […]
CNBC's Brian Sullivan sits down with Bill Gross, Janus Global Unconstrained Bond Fund, to discuss concerns in Greece, the Fed, and German bunds.
A bird’s eye view on a massive fire raging at an oil depot near Ukrainian capital Kiev provides a truly apocalyptic picture.
Watching gold ignore the silver take-down this early a.m. and subsequent silver snap-back is amusing and very telling. The sharp contrast is more profound than typical. From the start of […]
Greece will stay in the eurozone and it might be used as a test case for banning cash.
Our general rule of thumb when it comes to legislation is that the more high-sounding the name, the more insidious the law. Exhibit A: the just-passed USA FREEDOM Act.
Given what QE did for the S&P and bond markets (see below), a relevant question is: “What will happen to consumer price inflation, commodities, and hard assets when those $Trillions […]
China is in the late stages of constructing its thirteenth five-year plan, a process that commenced over a year ago and will result in a first draft in October. This […]
One FKEU (Fort Knox Gold Equivalent Unit) isn’t what it used to be. Perhaps that partially explains why there has been so little media interest regarding Fort Knox gold and […]
Is Visa about to usher in a Cashless Society?
At some point, the masses will awaken from the thought matrix. Unfortunately, it will be too late...
If you want to see how completely disconnected Hillary Clinton is from the “everyday Americans” she claims to represent, you need to look no further than her recent campaign invitation […]
Did Russia really increase its gold reserves to $500 BILLION last week?
"in a world in which all the banks are bankrupt
The seventh angel sounded his trumpet, and there were loud voices in heaven, which said: "The kingdom of the world has become the kingdom of our Lord and of his […]
There has been a lot of talk about things that are going to happen in September, but there is something that has been almost totally overlooked....
Here's something you didn't hear about last weekend at the Summer BBQ...
According to information provided from the US National Archives under a FOIA request, it appears that the US Treasury has conveniently "lost" 7 out of the 12 Audit Reports ever […]
Golden Jackass Jim Willie joins Finance & Liberty for an in-depth update on China's Financial War on the US, discussing: - The Federal Reserve is using Belgium, Luxembourg, Ireland, the […]