Monthly Archives: February 2013

Today’s Key Gold Headlines – 2/15/13

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The Real State of the Union (Video)

In his latest video blog, Peter Schiff picks apart Obama’s state of the union address and explains what originally made America wealthy: a small government and greater financial freedoms.

 “Contrary to what the president says, cutting government spending doesn’t hurt the economy…If we want the economy to grow, if we want higher living standards, if we want to create productive jobs for American citizens, the only way we are going to achieve that is to make draconian cuts in government spending…”

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Jack Lew: Secretary of the Debt (Video)

Yesterday, Peter Schiff appeared on Russia Today to share his thoughts on Jack Lew, Obama’s nominee for Treasury Secretary.

“He’s not there to actually give the president solid advice on the finances of the country. He’s there to rubber-stamp the president’s agenda and make sure there’s enough buyers for our debt, so we can finance this massive expansion of government…”

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Today’s Key Gold Headlines – 2/14/13

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Schiff: The Sequester is Too Small (Video)

Peter Schiff appeared on mrcTV to comment on Obama’s state of the union address, and reiterate the need for the government to embrace even larger spending cuts than those scheduled for the end of the month.

“[The middle class] came from productivity. You get productivity when you have limited government. When you have low taxes, low government spending, and minimal regulation. But the president wants the opposite of that, and so he’s going to destroy the middle class.”

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Schiff in the News: Currency War Means Buy Gold

Both CNBC and MarketWatch ran articles this week about Peter Schiff’s outlook of where the American economy is headed. CNBC wrote about the international currency war, and Peter’s belief that America will ultimately win, therefore destroying consumer purchasing power and bolstering gold.

“‘We’re broke. We owe trillions. Look at our budget deficit, look at the debt to GDP (ratio), the unfunded liabilities,’ Schiff said. ‘If we were in the euro zone they would kick us out.'”

Meanwhile, MarketWatch examined Peter’s ongoing prediction that gold will hit $5,000 in light of endless quantitative easing and currency devaluation.

“But Schiff takes the long view. In fact, he says gold could go beyond $5,000, depending on how much longer money printing goes on. “A lot of people will get caught by surprise. People who buy and have the patience to hold on will be rewarded,” he said.”

Read the full articles for yourself:

US to Win Currency War, Then ‘Implode’: Schiff

Gold at $5,000 and Beyond: Peter Schiff Sticks to His Call

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Today’s Key Gold Headlines – 2/13/13

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The History and Uses of Silver (Video)

A new video by the Silver Institute was published last week: Silver – The Element of Change. This educational short is great for sharing with friends who may be new to the concept of precious metals as a store of value. The video explores the history of silver, and its variety of uses in every aspect of our modern world.

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Today’s Key Gold Headlines – 2/12/13

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Ron Paul: Gold is Always Money (Video)

Ron Paul spoke with Bloomberg television last week about the escalating currency war and the dangers of centrally planned economies:

“One of these days, people around the world are going to universally reject the currencies…We’ll move into an age where people will want to buy hard assets. And I think that’s already starting. You know, people say the housing boom is back again, but maybe it might be that people are just losing confidence in paper money.” 

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