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Peter Schiff recently appeared on Alternative Media Television (AMTV) to discuss the so-called “Trump effect” on the US economy. So far, the stock market has gone through some downs after the president-elect’s surprise win and now back up with the Dow Jones average nearing record highs. There’s also been last week’s bond rout, which sent […]
As markets settle down following the week after the election, inflation continues to rise. Many continue to expect a December rate hike despite the potential volatility caused from state officials calling for Fed reform as early as Q1 2017.
The domestic gold market in India is facing an upheaval as traders place an increasing number of bulk, short-term orders on fears Prime Minister Narendra Modi could seriously throttle overseas imports of gold. The traders’ fears stem from Modi’s plan to eliminate so-called black money from India’s monetary system by demonetizing the 500 and 1,000 […]
Jim Rickards,the chief global strategist at West Shore Group, appeared on Bloomberg Markets to discuss the next financial crisis. Rickards said he sees next US downturn approaching a tipping point soon. However, the Federal Reserve’s response to restoring financial solvency will be much different because there’s no place left to go with monetary policy. “The […]
Analysts are locating the cause for the recent rise in the dollar on investors now pricing in President-Elect Trump’s fiscal stimulus plans. Investors are betting Trump’s plans to cut taxes, expand infrastructure, immigration reform, and deficit spending as being pro-inflation. “If you block immigrants, or even illegal immigrants working in the states, wages will rise […]
The president of the United Auto Workers said he will sit down and talk with President-Elect Trump to try and crush the North American Free Trade Agreement, describing NAFTA was “a problem.” The union of auto workers is an early advocate for working with Trump to change trade agreements seen as being detrimental to American […]
The results of Tuesday’s election stunned the world much like Brexit did this summer. Markets dipped, and then recovered quickly to close at record highs following election night. The Fed however, could see big changes coming their way. As Trump Becomes President-Elect, Here Come Fed Reforms As we revealed in our infographic on Trump’s Fed […]
In an interview with RT News Tuesday night just as the election was getting started, Peter Schiff showed, once again, his acumen and insight for reading economic and political situations correctly. After Larry King asked if the election’s comparison to Brexit was appropriate, Peter accurately described the simmering voter angst at the economy and predicted […]
Tuesday night’s election coverage had both sides fidgeting for a while, but Donald Trump staged an almost miraculous comeback, winning in state and counties where Democrats thought they had an edge. While liberals were taken by surprise, they weren’t the only ones. Polling experts, who were generally confident in the data showing Clinton with a […]
The confectionery corporation Mondelez International Inc. has announced it will be downsizing its beloved Swiss chocolate bar Toblerone due to the high cost of ingredients. The Illinois-based company, said in a Facebook post: “We carry these costs for as long as possible, but to ensure Toblerone remains on-shelf, is affordable and retains the triangular shape, […]
