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An old dog may not be able to learn new tricks, but he can apparently rediscover those that are long forgotten. In a recent interview with Bloomberg, former Federal Reserve chairman Alan Greenspan warned of impending inflation. His prescription? A return to a gold standard. Greenspan noted that growth in productivity has ground to a […]
Peter Schiff recently appeared on Info Wars with Alex Jones and offered a dire warning: The world sits atop a house of cards erected by central banks…unfortunately it’s not going to end well for most people.” Peter said the aftermath of Brexit shows just how fragile the world financial system is, pointing out that in […]
Marc Faber, publisher of the Gloom, Boom & Doom Report, had some simple advice for a post-Brexit world – own some gold. So, what caused UK voters to abandon the EU in the first place? There are many theories as to what drove the leave vote, but Faber said it really comes down to one […]
All of the talk over the last few days has focused on Brexit. But Peter Schiff says people are ignoring some bigger issues. On Monday, he appeared on Fox News Business and continued pounding this theme, calling Brexit a “day of reckoning,” and reiterating a point he made on CNBC’s Trading Nation – that the […]
The mainstream media and global markets have responded to the Brexit vote as if it is the end of the world. Well, is it? Or is it an opportunity? Peter Schiff appeared on CNBC’s Trading Nation Monday and said the Brexit hysteria in the markets and the mainstream media is unwarranted, and it actually presents […]
In an interview on the Keiser Report, author, investment banker, and credit analyst Chris Whalen talked about negative interest rates, calling them “chemotherapy for indebted nations.” Whalen noted that more than half the world today is in negative rate territory. He said that after years of high, “risk-free” returns, now it’s time to give the […]
Dr. Doom says there is only one currency that will appreciate over time – precious metals. Marc Faber recently appeared on RT’s Sophie Co. to talk about the world economy and what lies ahead. Currencies became a major focus of the discussion, with Faber arguing cash has historically been a bad investment because all paper […]
Peter Schiff has said that the Federal Reserve created a phony wealth effect by pumping up stocks and other asset markets. In fact, analysis proves Peter’s contention, showing that 93% of the entire stock market move since 2008 was caused by Federal Reserve policy. In a recent appearance on CNBC’s Closing Bell, Jim Grant made […]
In the years leading up to the Great Recession of 2008, Peter Schiff warned it was coming. Nobody listened. Today, the same people are ignoring the signs that an even bigger crisis is on the horizon. Peter Schiff appeared on InfoWars recently and asked a very important question: when are people going to wake up? […]
Last week, James Rickards explained to CNBC why he is a long-term holder of gold bullion. He pointed to the pattern of financial collapses that threatened the global economy over the past two decades. In the late ‘90s, Wall Street bailed out a hedge fund. In 2008, the Federal Reserve bailed out Wall Street. But […]
