Contact us
CALL US NOW 1-888-GOLD-160
(1-888-465-3160)
POSTED ON March 9, 2022  - POSTED IN Key Gold Headlines

Not too long ago, the national debt pushed above $30 trillion. Today, Uncle Sam is $30.26 trillion in the red. And he’s on the fast track toward $31 trillion.

Today, most people don’t bat an eye at the national debt. But that wasn’t always the case. As David Stockman pointed out there was a great deal of concern about the national debt when he was President Ronald Regan’s Director of the Office of Management and Budget.

POSTED ON March 9, 2022  - POSTED IN Peter's Podcast

Gold pushed above $2,000 an ounce on Tuesday and made a run at the all-time record high. The yellow metal was up $54 on the day, closing at $2,052 despite some selling after it nudged the all-time high. Some of this is clearly safe-haven buying due to the situation in Russia, and a lot of analysts think gold will fall back to earth once that situation resolves. But Peter Schiff doesn’t think so. In his podcast, he explains why gold would be going up even if Russia never invaded Ukraine.

POSTED ON March 7, 2022  - POSTED IN Peter's Podcast

Jerome Powell testified on Capitol Hill last week. He said the central bank plans to hold the course on rate hikes and monetary tightening despite the global chaos caused by the Russian invasion of Ukraine. He also continued to dodge any responsibility for rampant inflation. In fact, he repeated a lie Ben Bernanke told in 2008 and insisted the Fed isn’t monetizing federal government debt because it doesn’t intend to hold those Treasuries forever. But as Peter Schiff said in his podcast, it doesn’t matter what the Fed intends to do. All that matters is what it actually does.

POSTED ON March 4, 2022  - POSTED IN Friday Gold Wrap

You’re getting less for more every time you pull out your wallet. Inflation is chewing up the average person’s paycheck. In this episode of the Friday Gold Wrap podcast, host Mike Maharrey talks about the real pain of inflation. He also talks about Jerome Powell’s testimony before Congress, the trajectory of monetary policy, the strength of the economy, and he breaks the February jobs report live.

POSTED ON March 2, 2022  - POSTED IN Peter's Podcast

The Russian invasion of Ukraine has completely changed the market dynamics. In his podcast, Peter talked about the impact the situation is having on the markets and the global economy. He also looked ahead, saying Russia can now serve as a convenient excuse for the Fed to back off its planned monetary tightening. Of course, that will have consequences of its own.

POSTED ON February 25, 2022  - POSTED IN Friday Gold Wrap

You’ve probably heard people say inflation is being caused by “greedy corporations.”  They back up this increasingly popular narrative with tales of “excessive corporate profits.” In this episode of the Friday Gold Wrap, host Mike Maharrey busts this myth. He also talks about the wild ride in the gold and silver markets after Russia invaded Ukraine.

POSTED ON February 22, 2022  - POSTED IN Peter's Podcast

The markets seem to be anticipating a Fed inflation fight. They also seem to be realizing that this is going to cause a recession. But they still haven’t come to grips with the fact that this is not going to fix the inflation problem. In his podcast, Peter Schiff argues that the recession will actually end up making inflation worse.

POSTED ON February 18, 2022  - POSTED IN Friday Gold Wrap, Key Gold Headlines

There was more bad inflation news this week. So, the Fed is about to ramp up the inflation fight, right? Not so fast. In this episode of the Friday Gold Wrap, host Mike Maharrey argues that the central bank isn’t set to go to war with inflation because it can’t. And he explains how St. Louis Fed President James Bullard let the cat out of the bag.

Call Now