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Ken Hoffman, Global Head of Metals & Mining Research with Bloomberg Intelligence, spoke with Kitco News about the possibility of China putting its yuan currency on a gold standard. Hoffman emphasized it is not difficult to imagine, because China has been laying the groundwork for years – buying up gold, starting a gold bank, building extra […]
Peter Schiff shared his take on the Greek crisis with RT. Peter argues that Greece needs to dismantle its giant government and embrace free-market capitalism to grow its economy.
Peter Schiff is now a regular guest on Alex Jones’ InfoWars. Peter’s first appearance was last Friday, and the two had a lively conversation about the slow decline of the United States economy. Peter compared Greece to America and argued that the US has less economic freedom than communist China. They also touched on the […]
In his review of the latest economic data, Peter Schiff rips more holes in the economic “recovery” narrative. The labor-force participation rate just hit its lowest level since 1977. Meanwhile, under Obama’s presidency, 1.4 million manufacturing jobs have been lost, while 1.4 million bartending, waitress, and waitering jobs have been created.
Peter Schiff appeared on Fox Business yesterday, warning that whether they know it or not, many Americans own Puerto Rican bonds in their retirement portfolios. If Puerto Rico were to default on its debt, the fallout would have a much bigger effect on average Americans than Greece leaving the eurozone. More importantly, Peter believes Puerto […]
Last night, Peter Schiff told CNBC how he expects the Greek financial crisis to affect United States markets. Peter thinks that the Federal Reserve will come in with another round of quantitative easing to prevent the dollar from rising too much against a struggling euro. Instead, he believes the Puerto Rican debt crisis presents a […]
In this final part of their video series, Peter Schiff and Mike Maloney discuss why gold is the ultimate hedge against the government’s irresponsible monetary policies. Neither Mike nor Peter like to predict a final price for gold. However, they agree that given the history of paper money systems, gold will be heading much higher […]
Carl Icahn made news this week when he sold his stake in Netflix. However, the bigger message Icahn shared with CNBC was that he thinks the United States stock market is “extremely overheated.” He warned investors that he sees similar problems as 2008: I personally do [think that the US equity market is in for […]
It’s been a while since we heard from Jim Rickards, one of the leading contrarian economists. In a new interview with Kitco, Jim shared his opinions on a wide range of topics. He talked about the current relationship between the United States dollar and the Chinese yuan, as well as what he expects to happen […]
Mark Dice walked around downtown Encinitas, California and tried to sell a 10-ounce bar of silver for only $10. At today’s prices, that bar is worth about $160. He asked men and women, young and old, if they’d like to buy it. He even lowered the price to $1 while standing directly out front of […]
