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Ron Paul: Paper Money Always Self-Destructs (Video)
Former Congressman Ron Paul appeared on CNBC.com’s Futures Now yesterday afternoon to discuss why he believes gold “always goes up.” He noted that even five years after the economic crisis, the so-called economic recovery was failure.
“What happens now when the next recession starts under these conditions, where you still have … 20 some million people underemployed, 47 million people on food stamps, and you have a downturn? All they can do is spend more money and print more money – and there’s a limit to this. And I think we’re at that point. … Eventually the market will rule, and it won’t be a happy scene.”
Follow us on Twitter to stay up-to-date on Peter Schiff’s latest thoughts: @SchiffBlog
Posted in Uncategorized, Videos
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Today’s Key Gold Headlines – 6/19/13
- Gold Edges Higher as Bernanke Update Nears, MarketWatch
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Posted in Daily Gold Headlines
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Peter Schiff On Yahoo Finance for Immediate Fed Reaction
Tomorrow afternoon, Peter Schiff will decipher and provide immediate reaction for the Federal Open Market Committee’s statement and Ben Bernanke’s press conference. Starting at 2:30pm ET, he’ll be live tweeting his reaction at @PeterSchiff. At 3:15pm ET, he’ll be live on Yahoo Breakout. We will post the video here as soon as it is available.
Follow us on Twitter to stay up-to-date on Peter Schiff’s latest thoughts: @SchiffBlog
Posted in Upcoming Appearances
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Today’s Key Gold Headlines – 6/18/13
Follow us on Twitter to stay up-to-date on Peter Schiff’s latest thoughts: @SchiffBlog
Posted in Daily Gold Headlines
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We Have to Prepare for Rising Interest Rates (Video)
Peter Schiff appeared on CNBC’s Closing Bell today to discuss why he expects the “Fed to taper back the taper talk.”
“People are underestimating just how much interest rates are going to go up, how fast rates are going to rise, and what the impacts are going to be on the economy, on the housing market, on the stock market, on the banks, and the government’s ability to service its debts.”
Follow us on Twitter to stay up-to-date on Peter Schiff’s latest thoughts: @SchiffBlog
Posted in Interviews, Videos
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Today’s Key Gold Headlines – 6/17/13
- Economists Wary as Fed’s Next Forecast Looms, Wall Street Journal
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Posted in Daily Gold Headlines
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Today’s Key Gold Headlines – 6/14/13
Follow us on Twitter to stay up-to-date on Peter Schiff’s latest thoughts: @SchiffBlog
Posted in Daily Gold Headlines
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A New Asian and Global Gold Hub (Video)
Enjoy this CNBC interview with Mark Smallwood, Head of Wealth Planning at Deutsche Asset & Wealth Management, APAC. Smallwood discusses Deutsche Bank’s recent announcement that it will be opening a new gold vault in Singapore with a 200-ton capacity. With Singapore recently announcing that it would remove government sales tax on gold and precious metals, Smallwood stressed the important role this new vault plays in turning Singapore into a regional and global hub for trading gold. Combine this with the recent news that the London Metals Exchange has talked about moving to Hong Kong and you might start to wonder how long before all the real money ends up in the East.
Follow us on Twitter to stay up-to-date on Peter Schiff’s latest thoughts: @SchiffBlog
Posted in Interviews, Outside Commentaries, Videos
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Today’s Key Gold Headlines – 6/13/13
- Top US CEOs Expect Slow Economic Growth Ahead, Wall Street Journal
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Posted in Daily Gold Headlines
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Don’t Fall for Fool’s Gold
A little humor to brighten up your Friday.
Follow us on Twitter to stay up-to-date on Peter Schiff’s latest thoughts: @SchiffBlog