February 21, 2020 by SchiffGold 0 0 The interwebs are a strange place. We can learn about virtually anything with a few keystrokes. We have all kinds of information right at our fingertips. Unfortunately, a lot of it is utter BS. For instance, there was a video that went viral that made some people scared of gold. Back… Read More
February 21, 2020 by SchiffGold 0 0 Gold broke out this week. The yellow metal pushed through the $1,600 level and continued to climb. Conventional wisdom tells us this is all about safe-haven buying due to fear that the coronavirus will stunt global economic growth. That is certainly a factor. But could there be more to it than… Read More
Michael Rivero joins us for an incredible interview on a range of topics including the plan to take out President Donald Trump, why we may not seen the last of Hillary Clinton, how globalism is a bad thing when we’re dealing with a pandemic and why we shouldn’t sleep on the Middle East despite the… Read More
Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason. Coming up Michael Rivero, host of the What Really Happened with Michael Rivero radio show joins me for an incredible interview on a range of topics including the plan to take out President Donald Trump, why we may not seen the last of Hillary Clinton,… Read More
Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason. Coming up Michael Rivero, host of the What Really Happened with Michael Rivero radio show joins me for an incredible interview on a range of topics including the plan to take out President Donald Trump, why we may not seen the last of Hillary Clinton,… Read More
February 20, 2020 by Michael Maharrey 0 0 The powers that be insist that inflation is low. In fact, the central bankers at the Federal Reserve tell us that low inflation is one of the reasons they can keep interest rates artificially low. But everyday people who go to the store each week smell a rat. We know… Read More
Even before the coronavirus sprang upon an unprepared China the credit cycle was tipping the world into recession. The coronavirus makes an existing situation immeasurably worse, shutting down China and disrupting global supply chains to the point where large swathes of global production simply cease. The crisis is likely to be a wake-up call for… Read More
Here is a further illustration of the damage that zero rates cause to retail banking, in France and around the world. In 2000, when the Sino-British banking mastodon HSBC wanted to buy Crédit Commercial de France (CCF), it was in competition with the Dutch ING and had to put 11 billion euros on the table.… Read More
February 19, 2020 by SchiffGold 0 0 In his most recent podcast, Peter Schiff talked about coronavirus and the impact that it is having on the markets. Earlier this month, Peter said he thought the virus was just an excuse for stock market woes. At the time he believed the market was poised to fall anyway. But as… Read More
February 19, 2020 by SchiffGold 0 0 Peter Schiff recently appeared on SmallCap Power with Mark Bunting to talk about the stock market bubble. He said it’s the same type of bubble as 2008, only bigger. The source is the same. It’s artificially low interest rates. It’s quantitative easing. The central bank, the Federal Reserve, is responsible for… Read More
Miles Franklin sponsored this article by Gary Christenson. The opinions are his. Breaking news: The Wall Street casino created another all-time high for the S&P 500 Index during the week ending February 14. Regular new highs reassure people, but others fear they are symptoms of another Fed inspired bubble. The “pickle” description is explained below.… Read More
The Gold/Silver ratio is doing exactly what you would want it to do if we’re about to see a meaningful bull move at this stage. Silver taking the lead ? Reproduction, in whole or in part, is authorized as long as it includes a link back to the original source. Source: GoldBroker.com
February 18, 2020 by SchiffGold 0 0 Silver will shine in 2020 with higher prices supported by expanded physical investment and industrial demand. This is the projection of the Silver Institute in its 2020 Market Forecast. The Silver Institute believes that macroeconomic and geopolitical conditions will remain broadly supportive for precious metals, encouraging investors to stay net buyers… Read More
Over the last half year or so, a number of analysts, well-heeled individuals, and mega-hedge fund managers have been taking a shine to silver. So far the “restless metal” hasn’t been letting on that it’s noticed. It’s understandable why someone who either has not yet begun to commit funds to building a physical silver position… Read More
February 17, 2020 by SchiffGold 0 0 A bill introduced in the Wyoming House would establish a precious metals bullion depository in the state. It would not only create a safe place to store precious metals; it could also facilitate the everyday use of gold and silver in financial transactions in Wyoming and set the stage to undermine… Read More
On November 1, Christine Lagarde took over from Mario Draghi at the ECB, i.e. where the destruction of our currency is being implemented. What kind of policy can we expect from her, and what conclusions can we draw from it in terms of personal finances? Is the president of the ECB a decision-maker or an… Read More
Washington also spoke of the evils of unbacked paper currency. In a 1786 letter to Thomas Jefferson, Washington wrote, “Paper money has had the effect in your state that it will ever have, to ruin commerce, oppress the honest, and open the door to every species of fraud and injustice.” And in a 1787 letter… Read More
The Dollar Index is now facing some significant resistance in the 99-100 zone. If the buck turns lower from here, that should help hard asset prices continue to recover from their coronavirus lows. If the USD continues powering higher in the days ahead, that would suggest investors remain nervous about the geopolitical and economic fallout… Read More
February 14, 2020 by SchiffGold 0 0 Psst… It’s Valentine’s Day. You forgot, didn’t you? Well, if Valentine’s Day did slip your mind, and you happened to stumble across this post early enough, you’re welcome. Now get out there before it’s too late. And if it is too late, well, I’m sorry for your pain. Hope the couch… Read More
February 14, 2020 by SchiffGold 0 0 Jerome Powell went to Capitol Hill this week. During his testimony before a congressional committee, the Fed chair insisted, “There is nothing about this economy that is out of kilter or imbalanced.” In this episode of the Friday Gold Wrap Podcast, host Mike Maharrey takes issue with Powell’s assessment and points… Read More