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In the years leading up to the Great Recession of 2008, Peter Schiff warned it was coming. Nobody listened. Today, the same people are ignoring the signs that an even bigger crisis is on the horizon. Peter Schiff appeared on InfoWars recently and asked a very important question: when are people going to wake up? […]
Wall Street’s “bond king” said investors have lost faith in central banks, and called the Federal Reserve the “Zombie Fed.” Jeffrey Gundlach made the comments in an interview with Reuters after safe-haven German Bund yields fell below zero on for the first time and global equity markets continued a precipitous slide: Central banks are losing […]
The Federal Reserve kicks off its Federal Open Market Committee meeting Tuesday. Just a couple of weeks ago, it was a foregone conclusion that the Fed would announce a rate hike during the meeting. But after the shockingly bad May employment report, most agree the interest rate increase is off the table. In fact, Peter […]
Do you know the last time the world’s interest rates were this low? About 5,000 years ago. Let that sink in for a moment. Since the financial crisis in 2008, world governments have printed $12.3 trillion of money. Central banks have cut interest rates 654 times since the Lehman Brother collapse. There are nearly $10 […]
Last week, James Rickards explained to CNBC why he is a long-term holder of gold bullion. He pointed to the pattern of financial collapses that threatened the global economy over the past two decades. In the late ‘90s, Wall Street bailed out a hedge fund. In 2008, the Federal Reserve bailed out Wall Street. But […]
A lot of big-time investors are turning bullish on gold. Last month, Stanley Druckenmiller publicly advised investors to sell US stocks and buy gold. Legendary hedge fund manager Paul Singer said “it makes sense to own gold.” Even George Soros has jumped on the gold bandwagon, recently selling stocks and buying gold. Other mainstream investors […]
Peter Schiff appeared on CNBC this week with a dire warning on America’s economic future – “It’s gonna be awful!” Do you guys remember the financial crisis of 2008? Did you think that was bad? This is going to be worse.” Peter said this time around, we’re not looking at a financial crisis. We’re staring […]
On June 7, the Washington DC Council voted to raise the city’s minimum wage to $15 per hour. DC joins New York and California, along with a number of major US cities that have made the move to boost the minimum wage over the last year. The DC Council’s vote was a major symbolic victory […]
This article was submitted by Joel Bauman, SchiffGold Precious Metals Specialist. Any views expressed are his own and do not necessarily reflect the views of Peter Schiff or SchiffGold. When central bankers talk about gold, it’s usually with an attitude of disdain. So, why do they hate gold so much? The Federal Reserve operates under […]
The British have gotten gold fever. According to a Reuters report, uncertainty surrounding the upcoming Brexit vote is driving quite a gold boom: At Sharps Pixley, a gold showroom in London’s smart Mayfair district, demand for bullion bars and coins is rising, with men and women of all ages buying up the safe-haven metal in […]
