Monthly Archives: November 2013

Today’s Key Gold Headlines – 11/6/13

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Gold Will Have Its Day: A Defense of Peter Schiff

Bloomberg published a feature article this week about Peter Schiff, attempting to paint him as an irrational gold bug and discredit his predictions of the looming economic crisis. The folks at The Daily Bell have published a rebuttal to Bloomberg’s hit piece, explaining some of the finer points of free market economics and why Peter is right about gold’s future.

“Every week or month, Bloomberg editors attack gold and this article, striking out at chief gold bug Peter Schiff, is more of the same.

The bias is subtle but apparent. The article manages to point out that Schiff’s father is in jail for tax evasion and that Peter Schiff has made a personal fortune even while his precious metals recommendations have soured, from a mainstream media perspective.

As editors and writers of an alternative ‘Net publication, we have to admire the way Schiff confronts naysayers and fear mongers when it comes to the economy. As he responded once when we were speaking about free-market economics, ‘What other kind is there?'”

Read the Full Article Here

2013 Gold Bars

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Dump the Fed and Return to Gold Standard (Audio)

This weekend, Peter Schiff spoke with SGT Report about the big picture problems facing the United States and its economy. The discussion focused on the successful free market history of America and how far the country has deviated from the vision of the founding fathers. Towards the end, Peter elaborates on the end of the US dollar as the world’s reserve currency, the role a gold standard could play in fixing the economy, and why there is no longer a need for the Federal Reserve.

“Given the advancement in technology that exists today, a lot of the reasons that we needed a Fed are obsolete today. We really don’t need the Fed, because of the computers and telephone systems and the internet… I think the US economy can function extremely well on a gold standard with no Federal Reserve, and that’s what we should do. That would be ideal.”

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Today’s Key Gold Headlines – 11/4/13

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We Need a Real Recession for Recovery (Video)

Peter Schiff just appeared on CNBC’s Closing Bell to argue that the Fed’s quantitative easing is preventing the US economy from recovering in a fundamental way. If you don’t want to fall victim to a greater economic crisis than 2008, consider diversifying out of the US stock market with hard assets like physical gold and silver.

“If the Fed begins to taper… we’ll be back in recession. It’s not going to be good for stocks. The whole rally is based on QE… But the more the Fed succeeds in pushing up the market now with QE, the further it’s going to fall once the QE stops. Because it has to end eventually, otherwise the dollar is going to collapse and it’s not going to matter what your stock portfolio is worth because you’re not going to be able to buy anything.”

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Today’s Key Gold Headlines – 11/1/13

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Interested in learning about the best ways to buy gold and silver?
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