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The shockingly bad May jobs report dumped a bucket of cold water on central bankers and mainstream pundits. A June interest rate hike that was a foregone conclusion just a week ago disappeared like a teenager when it’s time to do the dishes. Suddenly, a lot of people are starting to realize the great Obama […]
With May’s shockingly bad jobs report, it’s pretty much a forgone conclusion that a June Federal Reserve rate hike is off the table. After the report came out Friday, Peter Schiff stuck a fork in the June hike possibilities in his SchiffReport Video Blog. Now with the June rate almost certainly a no-go, pundits are […]
Economists say election uncertainty is subduing economic growth. But it seems more likely the horrible economy is driving this strange election cycle. For months, Peter Schiff has been saying if the US isn’t already in recession, it will be in one soon. Former Reagan Office of Management and Budget Director David Stockman recently told Neil […]
This article was submitted by JD Bauman, SchiffGold Precious Metals Specialist. Any views expressed are his own and do not necessarily reflect the views of Peter Schiff or SchiffGold. Last Friday, the BLS released its jobs report for the month of May. It was shockingly bad. In light of the strike on Verizon, a relatively […]
This article was submitted by Addison Quale, SchiffGold Precious Metals Specialist. Any views expressed are his own and do not necessarily reflect the views of Peter Schiff or SchiffGold. Peter Schiff has stated clearly for the record that this financial system is headed towards collapse. While many like to point at inflation as the key […]
If you’ve ever played Jenga, you know each player takes turns pulling blocks out of the core of a tower and then placing them on top. The tower gets less and less stable as the game goes on, until eventually it comes crashing down. This is kind of like what the Federal Reserve does with […]
This article was written by Dickson Buchanan, SchiffGold Precious Metals Specialist. Any views expressed are his own and do not necessarily reflect the views of Peter Schiff or SchiffGold. Many Americans are concerned about their privacy today. And rightly so. The NSA and governmental authorities maintain their policies are ultimately for the safety and security of […]
Not long ago, a video surfaced featuring Democratic Party candidate Bernie Sanders claiming bread lines were a sign of good times. You know, it’s funny. Sometimes American journalists talk about how bad a country is when people are lining up for food. That’s a good thing. In other countries, people don’t line up for food. […]
Demand for physical gold and silver continues to surge with bullion coins flying out of the US Mint at a frenzied pace. May gold coin sales increased more than 206% over the same month last year. The mint sold 76,500 ounces of American Gold Eagles in May and 18,500 ounces of Gold Buffalos. That compares […]
During the Mauldin Strategic Investment Conference, Jim Grant said if you want to make money, you have to be willing to go into “scary places.” In an interview after his speech, he clarified what he meant saying you have to have the guts to go against the flow and do things the mainstream will ridicule […]
