Get the latest headlines, market analysis, and original content from SchiffGold.
Earlier this week, the yield on the 30-year Treasury rose above 3% for the first time since April 2019 as the carnage in the bond market continues. Rising yields have put pressure on gold. The yellow metal flirted with $2,000 an ounce but has since fallen below the $1,950 resistance. Once again, investors are fixated […]
Monday was tax day. I don’t know about you, but my wallet is lighter. As always, I had to write a big check. But I took solace in the fact that I’m helping create a more civilized society!
On July 23, 2020, CNBC published an article by Elizabeth Schulze headlined: Here’s why economists don’t expect trillions of dollars in economic stimulus to create inflation. That one didn’t age well, did it?
The inflation freight train is still hurtling down the track at breakneck speed. Everybody expected a big Consumer Price Index number for March. When it was all said and done, we got what was expected. And then some.
There was a little March Madness on Wall Street. In fact, the month turned into an old-fashioned blood bath. But you wouldn’t have found any carnage in the stock market. In fact, the Dow Jones gained a decent 2.3% on the month. But beneath that glittery stock market stage (that attracts the most investor attention) there […]
Earlier this week, Federal Reserve governor and vice-chair nominee Lael Brainard indicated the central bank will shrink its balance sheet at a “considerably” more rapid pace than it did during the previous cycle. I, Peter Schiff and a few others outside the mainstream have said the Fed won’t be able to do this. Why not?
The national debt stands at $30.3 trillion and the US government continues to run massive deficits. But does it really matter? Some people say that it doesn’t because “we just owe the debt to ourselves.”
Suddenly, Fed chair Jerome Powell is a tough guy. Is he though? Earlier this week, Powell delivered what Reuters called “his most muscular speech to date” on the battle against inflation.
AMC Theaters bought a gold mine last week. A literal gold mine.
This may be the dumbest thing you read today. Not my words, but this CNN article I’m about to tell you about.
