June 5, 2018
The US Dollar has been the world's reserve currency since the end of the Second World War. Even after President Nixon decided to refuse delivery of US gold that was supposed to be backing the US Dollar in 1971, it has been able to maintain its role as the global currency of choice.
Today...
June 2, 2018
It is hard to say where the idea of “fake news” came from, but President Trump seems to love using the term. When it comes to the gold market, the information that is sometimes found in the mainstream press could easily be called “fake”.
One of the most popular myths...
May 28, 2018
There is no shortage of outlandish commentary in the financial markets.
People make all sorts of calls, but when it comes to precious metals, people who call for higher prices are often dismissed. Keith Neumeyer isn't afraid to share his thoughts, but when he calls for $8,000 USD/oz gold,...
May 27, 2018
There is no way to avoid seeing all the debt coming out of the USA.
Peter Schiff took the stage at the IMIC and broke down what he thinks is coming for the most indebted country on planet earth. The US government is running a deficit of around $100 Billion US dollars per month, and this is...
May 14, 2018
According to Peter Schiff, there are some big problems brewing.
The crisis that began in 2008 created a new global financial order, but its stability is questionable. Peter has talked about how the prior two FED-led debt bubbles culminated in the 2008 credit crisis, and now that interest rates...
April 16, 2018
There have been a lot of changes in the markets since Peter Schiff took the stage at the VRIC this past January.
At the time the Dow Jones Industrial Average (DJIA) was in the process of putting in what could become all time highs. It peaked for the year a few weeks after Peter Schiff gave this...
March 27, 2018
The global economy seemed to stage an impressive recovery after the collapse in 2008.
In the USA auto companies came back hard in the wake of the global meltdown, despite the fact some of them needed to be bailed out after the panic.
Low interest rates have been a hallmark of the last decade,...
March 19, 2018
According to Michael Zezas, the economic outlook for 2018 is a little different than last year.
He is Morgan Stanley's Chief US Public Policy And Municipal Strategist, and in a recent note, he brought up some ideas that aren't talked about in the financial news everyday.
First, his...
March 5, 2018
The debt that is currently sloshing around global markets may become more of a liability than an asset.
There are many experienced investors that are calling the top in the US Bond market. This has been a long time in the making, and with the bull market in US debt starting in the early...
March 1, 2018
The amount of debt that has been created over the last decade doesn't fit with the historical norm.
During the collapse in subprime bonds that had spread throughout the global banking system, many questions were raised about how business on Wall Street had been handled. Most people had never...
March 1, 2018
Fiat currency as a monetary phenomena isn't well understood.
In essence, money has value because people believe in it.
Jim Rickards uses the idea of 'confidence' to describe why money has value, and this is a concise way to demonstrate why the modern fiat currency system has been...
February 22, 2018
Anything Apple is expensive, but the valuation of the world tech sector is probably a symptom of a much larger problem.
At the moment, the iPhone X starts at $999 USD, and those prices are set to rise. Most people associate Apple with computers, but from a business standpoint, they are a wildly...
February 19, 2018
According to Doug Casey, the crisis that started in 2008 never ended.
No doubt, there has been a period of calm in the wake of the extraordinary actions taken by central banks, but he likens this to the eye of a hurricane.
The massive destruction of value that was caused by the implosion of...
February 15, 2018
No matter where we look in the world, there seems to be a lot of debt.
The USA recently went through yet another political circus trying to come to a deal for the federal budget, and the plan that made it through will flood the markets with newly issued debt.
Over the next few years deficit...