Peter Schiff: The Dark Ages for US Housing and Manufacturing
The president touted a manufacturing renaissance. However, economic indices show US manufacturing entering a Dark Age. Home sales are not looking bright, either.
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The president touted a manufacturing renaissance. However, economic indices show US manufacturing entering a Dark Age. Home sales are not looking bright, either.
There’s been lots of talk within the Biden Administration about forgiving student loan debt. But with chaos widely reported at companies that service student loans, some debtors can’t even figure out how much they owe — much less actually pay down their balances.
The U.S. Bureau of Labor Statistics (BLS) recently released two inflation reports highlighting inflation figures for December 2023. Here’s what they showed:
In a disturbing (but unsurprising) trend, more than 1 out of 4 US consumers are throwing in the towel with defeatist “Doom Spending” sprees — despite already being saddled with crippling levels of debt. This behavior is akin to someone who, feeling overwhelmed, indulges excessively in a habit they know isn’t beneficial. In a similar vein, […]
The first half of 2023 was a record-breaking moment for central bank gold buying, led by none other than China and Russia. Organizations like the World Gold Council reported a staggering increase compared to 2022:
In this week’s Friday Gold Wrap Podcast, JD and Joel discuss recent gold price action and market news. They also cover last Friday’s non-farm payroll numbers, the strike on Houthi rebels, and the SEC’s fumble with Bitcoin ETFs.
This March, Republican primary voters in Texas won’t just be choosing which candidates to represent their party in November – they will also be voting on a series of ballot propositions that while not legally binding offer a way for voters to guide their leaders. Here’s why what is happening in Texas matters and what […]
At the start of a new year, we’re excited to announce new co-hosts to the Friday Gold Wrap Podcast: JD and Joel Bauman. In this episode, JD and Joel discuss recent gold price action and key factors affecting gold in 2024 such as interest rates and global elections.
The US is on the brink of a debt disaster, spiraling into $33 trillion of debt. That is over 180% of GDP. The cause? Skyrocketing government spending matched with insufficient tax revenues, leading to ever-deepening deficits. The US Treasury is now low on credit and out of time. Interest payments on this colossal debt have […]
Peter Schiff left a stark warning at the end of the year: “2024 could be a horrible year for the dollar.” Here are 3 big reasons why Peter thinks inflation might rise even higher this year.