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In his video blog post from Friday, Peter Schiff dissects the latest jobs report numbers and explains how the misleading data proves that the Fed’s quantitative easing isn’t working. Whether they blame Syria or disappointing economic data, Peter expects the Fed to make excuses to continue its stimulus. He spells out why physical gold will […]
Peter Schiff was interviewed on Gold Seek Radio yesterday. Chris Waltzek spoke with him about how the conflict with Syria might affect gold prices and the great potential silver has as the economic “recovery” fails to develop. They ended with a conversation about the importance of a gold standard and the possibility of a massive […]
By Peter Schiff Summer is traditionally a slow season for precious metals, but this summer started with a rout. In the last week of June, gold and silver hit 2-year lows of $1,192 and $18.61 respectively. Fortunately, after staggering along the lows, the precious metals are off to the races once more – with gold […]
By Jeff Clark from Casey Research Despite some positive data, the global economy is showing signs of slowing, a remarkable development in itself when you consider all the money printing and deficit spending that’s transpired over the past few years. According to the IMF’s overview, global growth was less than expected in the first quarter […]
Jon Pawelko publishes the web comic Lampoon The System to poke fun at insane economic policies and educate the public on sound economics. Click here for more cartoons and information on his anthology book, available for only $15. Follow us on Twitter to stay up-to-date on Peter Schiff’s latest thoughts: @SchiffGold Interested in learning about […]
India Gold Rush Picking Up Pace Forbes – Prithviraj Kothari, President of the Bombay Bullion Association, expects Indian gold imports to increase by 20% during the second half of 2012 as compared to the first half. Kothari sees India importing 300 tons from July to December, up from 250 tons from January to June. Currently, gold […]
Singapore Opens 200 Metric Ton Silver Vault Bloomberg – Malca-Amit Global Ltd. added a 200 metric ton silver vault to its five existing gold vaults at the Singapore FreePort. The new silver vault will be an affordable storage alternative for the less expensive white metal, since the gold vaults are already fully reserved due to […]
CNBC’s Futures Now spoke with Peter Schiff last night about the long-term outlook for the gold market in the face of the Syrian crisis and the Fed’s talk of tapering. Peter also answered a question from the audience about the likelihood of the government confiscating physical gold in the event of a major economic collapse. […]
Jim Rogers was interviewed by Reuters about how a war with Syria might affect the price of gold, but he went on to spell out the economic disaster that is yet to come thanks to a “sea of artificial free money.” In preparation, what does Jim buy? Gold and hard assets that serve as excellent […]
On his blog Of Two Minds, Charles Hugh Smith published a scathing commentary on the supposed recovery from the 2008 recession. By examining a number of under-reported metrics, Smith paints a bleak picture of the ongoing recession that the government has tried to obscure with bogus GDP data.
