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POSTED ON March 19, 2020  - POSTED IN Original Analysis

Many people have likened the battle against coronavirus to a war and invoked imagery of the US fighting World War II. President Trump has even deemed himself a “wartime president.”

The president told reporters at a White House briefing that fighting the virus would require a sacrificial national effort just like it took to defeat the Axis in the Second World War.

POSTED ON March 19, 2020  - POSTED IN Videos

On Wednesday, March, 18, Peter Schiff did a live episode of his podcast and took questions for over four hours.

In a nutshell, Peter made the case that the real crash is here. He covered a wide range of topics relating to the ongoing and ever-evolving coronavirus crisis.

POSTED ON July 19, 2018  - POSTED IN Key Gold Headlines

Last month, we reported on troubling signs in the corporate bond market. According to Moody’s, the majority of US companies have a “speculative” credit rating. They are considered high risk. As a result, their debt is “high yield” or “junk. When you combine leveraged loans and junk bonds, the total level of “junk” debt in the US marketplace comes in at around 37%.

In a recent article, investment guru and economic analyst Jim Rickards said we may soon face a devastating wave of junk bond defaults.

 The next financial collapse, already on our radar screen, will quite possibly come from junk bonds.”

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