Monthly Archives: February 2014

Yellen Lies about Imaginary Recovery, QE Will Resume (Video)

Peter Schiff has no love notes for the US economy this Valentine’s Day. On CNBC, Peter tears into the atrocious policies of Fed and the phony recovery in the United States. One of the only bright spots is the recovering gold market.

“[The gold market] has really turned around in the last week or two, and I expect to see much higher gold prices in the weeks ahead as people get their arms around the true predicament that we have in the US, which is that we’re headed right back into recession.”

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Posted in Interviews, Videos | 1 Comment

Today’s Key Gold Headlines – 2/14/14

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Rickards: Look for Taper Pause by Mid-Year (Video)

Yahoo’s Daily Ticker asked Jim Rickards what his impressions were of Janet Yellen’s first press conference. Like Peter Schiff, Rickards sees the Federal Reserve as an incompetent economic forecaster and expects that Yellen will be forced to at least stop the taper by the middle of the year.

“My point is, the Fed has a terrible forecasting record. They don’t see bubbles. They’re always surprised. And as far as continuity is concerned – continuity to me means, they’ve been making it up for the past five years, they’re going to keep making it up.”

Watch the Interview Here

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Today’s Key Gold Headlines – 2/13/14

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Posted in Daily Gold Headlines | 1 Comment

Jobs, Gold, and Janet Yellen (Video)

In his latest video blog post, Peter Schiff looks at last week’s jobs numbers and gold’s rally thus far in 2014. He also comments on Janet Yellen’s press conference and her obvious lies about the effects that Fed policy is having on the economy.

“Wall Street is still extremely skeptical of gold’s rally. Everybody expects that this rally is a head fake, that it’s going to reverse, and that gold is still headed much lower in 2014. I think that a lot of people that are anticipating lower gold prices are going to be surprised.”

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Posted in Peter's Commentaries, Videos | 9 Comments

Today’s Key Gold Headlines – 2/12/14

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Central Banks Are in Deep $@#%

Famed economist Marc Faber gave an interview to The Australian Financial Review and had no compunctions about tearing into the horrible policies of central banks around the world. Like Peter Schiff, Faber doesn’t see any real tightening happening in the near future.

“Central bankers are completely insane… These are people who are professors, academics who never worked a single day in their life in an ordinary job. Because money printing doesn’t help ordinary people . . . it helps asset prices… My sense is that central banks are unlikely to tighten because they’re in such deep shit already and they will continue to print.”

Read Full Piece Here

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Today’s Key Gold Headlines – 2/11/14

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Markets Will Go Down Until Fed Delivers Another Fix (Video)

CNBC expressed some surprise at Peter Schiff’s prediction that the Federal Reserve under Janet Yellen will be forced to resume quantitative easing later in this year. Peter reminded them that the Fed has always maintained that continued tapering is dependent upon positive economic indicators.

“I am not benefiting [from QE] as an American. I would much rather prefer the government to pursue policies that benefit my country, so maybe I can bet on it, instead of betting against it. Which ultimately, I’m doing by owning gold, owning commodities… to try to escape the damage that the Fed and the government are doing to our currency and to our economy.”

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Today’s Key Gold Headlines – 2/10/14

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