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Ron Paul has identified an increase in what he calls the “most insidious tax” buried in the GOP tax reform bill. A lot of Americans have put a lot of hope in tax reform. As Peter Schiff said in a recent Fox Business interview, the prospect of economic growth spurred by tax reform and other […]
Turkey is buying gold. The question is: why? According to a Bloomberg report, the Turkish central bank added 3.8 million ounces of gold worth almost $5 billion to its reserves this year.
Gold exports from Australia surged from August to September, according to data released by the Australian Bureau of Statistics (ABS). Non-monetary gold exports rose 17% in the period, an increase of $217 million in seasonally adjusted terms.
So what are we to make of the continuing stock market climb? Peter Schiff summed it up succinctly in a recent interview on Fox Business. Well look, I think it’s a bubble.”
The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week’s precious metals news coupled with thoughtful analysis. You can subscribe to the podcast on iTunes.
A few weeks ago, I told you about a company that is offering a 22-karat gold version of the iPhone. Yes. for a mere $69,995, you can strut about town with a gold phone pressed against your ear. Well apparently, the folks at Apple want to get in on this action. Maybe they are worried the […]
Trump said he was going to drain the swamp. Apparently, the drain is clogged. Trump picked another swamp creature to chair the Federal Reserve. Jerome Powell got the nod to replace Janet Yellen when her term as Fed chair ends in February. As Tho Bishop at the Mises Institute put it, “this means Trump will ensure that, while […]
Indians are buying silver and this could have a major impact on the world market for the white metal. The Silver Institute covers this story, and highlights several other technological innovations involving silver, in its latest issue of Silver News. It also features an interview with ICE Benchmark Administration COO Matthew Glenville. His company recently began administering the silver benchmark and […]
When the Fed launched its aggressive monetary policy in the wake of the 2008 financial crisis, many free-market economists predicted it would result in massive price inflation. That never materialized. As a result, Keynesian economists like Paul Krugman love to finger-point and mock those who criticize easy money policies designed to “stimulate aggregate demand.” They […]
During the Denver Gold Forum last September, the chairman of the World Gold Council said he thinks the world may have reached peak gold. That is the point where the amount of gold mined out of the earth will begin to shrink every year, rather than increase, as it has done pretty consistently since the […]
