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In an epic meeting of economic intellects, Peter Schiff and Roy Sebag talk about Goldmoney’s recent acquisition of SchiffGold and the coming revolution in value transactions. Peter and Roy also discuss the special properties of gold that make it the best standard for backing currency, Goldmoney’s potential to change the way we buy, sell and save, and […]
In light of the Fed rate hike news finally dropping this week, we can start looking ahead to the rest of the year. It’s a great time to be Fed Up with the election looming and global central banks making moves to preserve their economic health into next year. Fed Holds Interest Rates “For the […]
Many investors wonder whether they can use their retirement funds for buying physical precious metals. It’s important for those who want to diversify their portfolios and reap the wealth-retention benefits of gold and silver. The answer depends mostly on what type of retirement fund you have.
India has traditionally been one of the largest gold markets on the planet, second only to China. However, the high price of the yellow metal is threatening India’s status as a leading importer of gold. Indian gold bazaars are the common places of exchange, and lately, their owners have seen a mass movement of people […]
A Florida court recently found Robert Escobio and his companies, Southern Trust Metals and Loreley Overseas Corp guilty by the U.S. Commodity Futures Trading Commission (CFTC) of bilking customers in a precious metals scam. Escobio was accused of stealing $600,000 from 35 customers from July 2011 through May 2013. Over the time period, the defendant […]
If this week’s any indication, it seems as if the Fed is a divided house. Former dovish members are now suggesting tightening while others want to stay the course of QE and low interest rates. What’s more, the Fed itself is likely to become a political football if Donald Trump has his way. The Republican presidential nominee […]
Peter Schiff appeared on the Next News Network to give some insights into the possible US war in South China, Hillary Clinton’s recent health problems, international trade, ObamaCare, and quantitative easing.
The drama at the Fed continues to unfold after another high-ranking official, Governor Lael Brainard, expressed comments suggesting the US economy was still too vulnerable for a rate hike. At this point, the governing body seems divided about the health of the economy, which seems odd given their self-proclaimed “data dependency”. Either the data is […]
Janet Yellen and company are still claiming to make so-called “data dependent” decisions, yet new bad economic data is calling into question their true motives. In his latest podcast, Peter Schiff explains why the Fed is bluffing when it comes to raising interest rates. He also dispels myths about the benefits of a rate hike […]
Last Friday the stock market tanked following another monetary policy maker’s statements about interest rates. It seems investors are, yet again, willing to believe the Fed intends to raise interest rates despite the reality of a bad economy. Policy makers continue to keep the idea of rate hikes alive despite the knowledge they are powerless […]
