Peter's Blog

The Paper Paradigm Does Not Equal Physical Reality (Video)

David Morgan from the Morgan Report explained to USAWatchdog why he believes that a shortage of physical gold and silver is inevitable. Morgan begins by giving some technical analysis of the gold and silver prices. He moves on to explain his rationale for $10,000 an ounce gold when looking at the true money supply.

The History and Future of the War on Cash (Audio)

Dr. Joseph Salerno, Academic Vice President of the Mises Institute, recently gave a speech about the ever-growing “war on cash.” For decades, governments around the world have been expanding their efforts to prevent or discourage citizens from using cash. Salerno reviewed the history of this trend from the Bank Secrecy Act in 1970 to modern-day […]

Axel Merk: Real Interest Rates Will Remain Near Zero for a Decade (Audio)

Jay Taylor spoke with Axel Merk about the gold market and mismanagement of global economies by central banks. Merk believes that the United States, Europe, and Japan cannot afford to raise real interest rates. So even if the Federal Reserve delivers a nominal interest rate hike later this year, effective real rates will remain near […]

A Recovery Without Government: The Forgotten Depression (Audio)

Mises Weekends shared James Grant’s recent speech about his new book The Forgotten Depression. Mises Institute President Jeff Deist introduced Grant: [His book] chronicles the so-called ‘forgotten depression’ of 1920 and 1921 under the then Warren G. Harding administration. The reason it’s called the forgotten depression is because it was mercifully short… The Federal government […]

Ron Paul: Cash Is Economic Free Speech (Video)

In his latest Liberty Report, Ron Paul discusses the escalating “War on Cash” with Daniel McAdams. First, they looked at how many more dollars are in circulation today compared to pre-1971, when Nixon closed the gold window. The Federal government, Paul argues, wants to exercise more control over this untraceable cash under the auspices of […]

Liquidity Is a Cloud Bringing a Flood of Fiat Money (Video)

USAWatchdog interviewed Hugo Salinas Price, a well-known and highly successful businessman operating in Mexico. Born in the United States, Price is now a passionate advocate for sound money and has been pushing for the Mexican government to adopt monetary silver again. Unfortunately, he sees far too much political pressure against sound money, particularly from the […]

John Williams: Get Ready for New Recession (Video)

John Williams of ShadowStats.com shares Peter Schiff’s expectation of a new round of quantitative easing from the Federal Reserve. Williams believes the United States economy is slowing down and headed into another recession. He sees inflation rising in the coming years as the markets realize that the Federal Reserve is incapable of actually helping the […]

Who Will Bail Out the Central Banks in 2018? (Video)

Jim Rickards spoke at the National Center for Policy Analysis in late April. In this long video, the author of The Death of Money first discusses why central banks are always so wrong in their forecasting and policies. He relates how it took 100 years for science to understand and accept that the planets revolve […]

Celente: Gold Remains Best Safe-Haven from Overvalued Equities (Video)

Gerald Celente agrees with Peter Schiff. The United States economy is in terrible shape, and the official jobs numbers are not representative of the true health of the domestic labor market. Celente believes that gold will reach $2,000 or higher when investors realize that the equity markets are vastly overvalued.

Silver Could Outperform Gold, End 2015 Over $17/Oz (Video)

Kitco News interviewed Andre Leyland of Thomson Reuters GFMS about the latest silver demand trends. While demand in 2014 was down very slightly from 2013, Leyland emphasized that 2013 was a record year for silver demand around the world. Looking forward, he expects demand to grow, and with it the price. In fact, Thomson Reuters […]