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Venezuelans have turned to illegally mining gold just to survive. The Pemon people are native to the region containing Canaima National Park. If you saw the movie Up, you’re familiar with this area. The 500 million-year-old pillars of erosion in the park inspired scenery in the movie. The park also contains world-famous Angel Falls. But with hyperinflation gripping […]
We continue to see new innovations using gold in the field of healthcare. The next time you have surgery or cut yourself, doctors could close you up with a substance using the yellow metal.
Peter Schiff appeared on RT Boom Bust last week to talk about gold and silver. He said the time to buy is right now! Precious metals are going up in the long run and the long run may be here sooner than people think.
The federal government ended up fiscal 2018 with the largest budget deficit since 2012. Based on the most recent US Treasury Department projections, that doesn’t look to slow down in fiscal 2019.
A few months ago, during a major downpour, I noticed water drip, drip, dripping onto the floor of my guest bedroom. I put a bucket under it and climbed into the attic, horror clawing at the edges of my mind. Was I about to need a new roof? If you’re a homeowner, you probably share […]
The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week’s precious metals news coupled with thoughtful analysis. You can subscribe to the podcast on iTunes.
Generally, when the mainstream talks about gold, you get a negative spin. So, whenever I see anybody in the mainstream talking positively about the yellow metal, I sit up and take notice. Well, MarketWatch had some positive things to say about gold recently, calling it “the best house in bad neighborhood” for 2019.
Last week, we got data on the producer price index. It came in at o.6%, a much hotter number than expected. It was the biggest jump in the PPI in six years. Year-over-year, producer prices are up 2.8%. Analysts expected the monthly increase to come in at half that – 0.3%. While the Fed typically […]
Central bankers and politicians actively intervene in the gold market. This may sound like a tin foil hat conspiracy theory, but there is plenty of evidence right out in the open. Chris Powell co-founded the Gold Anti-Trust Action League (GATA) to expose the scheme. In this episode of It’s Your Dime, host Mike Maharrey and […]
The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week’s precious metals news coupled with thoughtful analysis. You can subscribe to the podcast on iTunes.
