We’ve watched the Federal Reserve provide 16 trillion dollars for bailing out banks, foreign governments, and essentially the entire global debt system. We are on the verge of an epic currency crisis, one that could create the largest bubble we’ve seen in human history. Over the last 5 years we have seen China and Russia … Continue reading
By Peter Schiff, CEO of Euro Pacific Capital Operating under the mistaken belief that a modest dose of inflation is either a prerequisite for, or a by-product of, economic growth, the nation’s top economists have been assuring us for quite some time that inflation will stay very low until the currently mediocre economy finally catches fire. As … Continue reading
Peter Schiff, CEO and Chief Global Strategist for Euro Pacific Capital, has a stark warning for investors: a global collapse is coming that will bring down the U.S. dollar alongside all other fiat currencies and then lead to the collapse of all paper assets. . “This will be the first event that will touch every single living person in the world. … Continue reading
As the U.S. Federal Reserve prepares for the first time in a decade to increase its borrowing costs, currency market participants are buying into the dollar, seeking to sell at its highest value, which is, as history shows, is just before the actual tightening move. . By Kristian Rouz, Sputnik News After a year of gains, propelled … Continue reading
By Peter Schiff, CEO of Euro Pacific Capital China’s recent move to devalue the yuan has sent shock waves through the global financial markets and has convinced most observers that a new front in the global currency wars has begun. The move has caused many observes to envision a new round of competitive devaluations around the globe in … Continue reading