By Samuel Bryan The mainstream financial media is like a stopped clock. Every once in a while, it stumbles into being right. Last week, we had a veteran trader on CNBC Futures Now telling everybody to buy gold as long as central banks continue their expansionary monetary policy, all the while swearing he isn’t a “gold-bug.” … Continue reading
By Peter Schiff, CEO and Chief Global Strategist for Euro Pacific Capital In his seventh, and final, State of the Union address this January, President Obama, clearly looking to bolster his legacy as the president who vanquished the Great Recession, boldly asserted that “Anyone claiming that America’s economy is in decline is peddling fiction.” Unfortunately for the President, more and … Continue reading
By Samuel Bryan, SchiffGold Media and government officials keep telling us the economy looks great, but a peek behind the curtain tells a different story. Some people do see the writing on the wall. Peter Schiff has been saying the US may well have already entered a recession. Last month, Jim Grant echoed Peter, saying the US … 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
Peter Schiff, Chairman of SchiffGold, CEO and Chief Global Strategist of Euro Pacific Capital, Inc, believes the Federal Reserve’s December interest rate hike was actually the end of the Fed’s tightening cycle that began with the first talk of tapering quantitative easing (QE) several years ago. Economic data will continue to be weak, and the US will likely … Continue reading
Last week, leading into the weekend, the International Monetary Fund’s (IMF) Director Christine Lagarde pretty much gave the green light to add the Chinese renminbi (RMB) / yuan to the IMF’s Special Drawing Rights basket of currencies following an IMF Executive Board review. Following this news, Peter Schiff, the CEO and Chief Global Strategist of Euro Pacific Capital told RT’s Boom … Continue reading
Peter Schiff, the CEO of Euro Pacific Capital, is warning that there is an impending U.S. dollar collapse and economic collapse on the horizon that should be getting a lot more attention, and not China’s recent currency devaluation. In a recent interview with Alex Jones on Infowars, Schiff breaks down what he thinks will cause the up and coming … Continue reading