Follow us on Twitter to stay up-to-date on Peter Schiff’s latest thoughts: @SchiffBlog
Calls to Action
Archives
- October 2014
- September 2014
- August 2014
- July 2014
- June 2014
- May 2014
- April 2014
- March 2014
- February 2014
- January 2014
- December 2013
- November 2013
- October 2013
- September 2013
- August 2013
- July 2013
- June 2013
- May 2013
- April 2013
- March 2013
- February 2013
- January 2013
- December 2012
- November 2012
- October 2012
- September 2012
- August 2012
- November 2011
- September 2011
Recent Comments
- Michael P. Shipley on Euro Pacific Precious Metals Is Now SchiffGold
- sell diamonds ny on Destroying the Dollar a Penny at a Time
- Gold and silver buyers on Why Is China Buying So Much Gold?
- Lloyd Bardell on The Swiss Want Even More Economic Freedom (and Gold)
- Klaus on Every Janet Yellen Press Conference Ever in Under 4 Minutes (Video)
A major correction is close at hand! The stock indexes are all rising…as well as the VIX, TVIX, VXX, UVXY, and our gold is flying East at a record pace, at record low prices dispite the record increase in “money”/currency supply; Junk or “Constituitional silver is hard to find, and PM dealers’ inventories are in short supply with new orders facing longer delivery dates. Mines are going off-line such as the Kinnecott, Pascua Lama, Pirth-Pilbara et al.-permanent backwardation is becoming more probable. The Baltic Dry Exchange ratio is way down, P/E ratios are in dangerous territories, energy use in the US, Japan, Europe, and China are down significantly-(a sign of economic contraction) and real unemployment/under employment is rising…and still no report of the US 2012 FY Tax Revenue-although over 90% of the filings were done electronically as of April 15th. When those numbers are released, which I expect to be 1.86 Trillion USD, the game is over. Can someone put a new battery in the flashlight at the end of this tunnel? Or a Vodka Gimlet martini-shakin, not just stirred.