Tuesday, August 27, 2013

The Economy is NOT Growing

“The government keeps telling us the economy is getting bigger, but millions of Americans are leaving the workforce. We've got record numbers of people on food stamps . . . and part-time jobs are replacing full-time jobs. How is that consistent with a growing economy? It’s not.”

- Peter Schiff via a recent USA Watchdog interview:

Sunday, August 25, 2013

Shrinking U.S. Economy


Peter Schiff, CEO of Euro Pacific Capital, predicts, "It's going to be harder and harder for the U.S. government to borrow money from abroad which means the Fed is not going to be tapering. They're going to print more and more money to buy the bonds nobody else wants. That means the inflation numbers are going to get bigger, and the government is going to have to lie even more."

- Source, USA Watchdog:

Friday, August 23, 2013

Gold is a Lot Higher

“The people who are always making fun of me every time there is a pull-back are the ones that never bought gold in the first place. Even though it’s pulled back, it’s still a lot higher than it was when they first started laughing at me for buying gold.”

- Peter Schiff via USA Watchdog:

Wednesday, August 21, 2013

Who Will Be The Next Fed Chair?


Peter Schiff appears on Yahoo Finance and talks about who the next FED chairman will be, will it be Summers or Yellen?

- Source, Yahoo Finance:

http://ca.finance.yahoo.com/

Monday, August 19, 2013

Peter Schiff Talks Oprah Winfrey


Peter Schiff talks about comments made by Oprah Winfrey in regards to the Travon Martin case.

- Source, Peter Schiff Show:

http://www.schiffradio.com/


Saturday, August 17, 2013

The Peter Schiff Show - Judge Napolitano


Judge Napolitano appears on the Peter Schiff show and discusses the Snowden case with Tom Woods.

- Source, Peter Schiff Show:

Thursday, August 15, 2013

Monday, August 12, 2013

All They Can Do is Print

For anyone who sold physical gold in the current precious metal downturn, money manager Peter Schiff says, “There’s going to be a big problem because the gold they sold on the way down isn’t going to be available on the way back up because the people who own it aren’t going to sell it at any price. . . . This is the time to load the boat, to back up the truck.” Schiff is a longtime advocate of precious metals and has taken much criticism in this downturn. Schiff answers his critics by saying,“The people who are always making fun of me every time there is a pullback are the ones that never bought gold in the first place. Even though it’s pulled back, it’s still a lot higher than it was when they first started laughing at me for buying gold.” Talk of a new Fed Chairman to replace Mr. Bernanke will only be bullish for the gold price. Schiff predicts, “If it’s solely based on which Fed Chairman is the most bullish for gold and silver, I would say that would be Janet Yellen. No matter who’s put in at the Fed, they are going to keep printing because that’s all they can do.” Schiff warns, “They’re going to keep printing until we have a currency crisis . . . and that is the most bullish environment for gold. Don’t wait for the crisis to buy because you are not going to like the price.”

- Source, USA Watchdog:

Saturday, August 10, 2013

People Who Own Gold Are Not Going to Sell

“There’s going to be a big problem because the gold they sold on the way down isn't going to be available on the way back up because the people who own it aren't going to sell it at any price. . . . This is the time to load the boat, to back up the truck.”

- Peter Schiff via USA Watchdog:

Thursday, August 8, 2013

The Market Will Overwhelm the FED

Holding rates of interest far below market levels (which is the goal of stimulus) alters patterns of consumption, savings, and investment. Fed intervention short-circuits the market driven process that resolves misallocations. The more stimulus that is provided, the harder market forces must work to try to restore equilibrium. As the misallocations grow over time, the efficacy of monetary measures diminishes. In the end, the market will overwhelm the Fed. The only question is how long it will take.

- Peter Schiff via Business Insider:

Monday, August 5, 2013

Gold Stocks and Gold $5000


Peter Schiff appears on Fox Business where he discusses the price of gold and gold stocks. He says gold could go to $5000 per oz or higher.

- Source, Fox Business:

Saturday, August 3, 2013

Junk Silver is a Part of History


Peter Schiff does a live demonstration of his new innovative Silver Barter Bag -- the *best value* in physical silver ever offered by Euro Pacific Precious Metals. Bags of pure, investment-grade fractional silver rounds at premiums up to *half off* the going rate for junk coins.

- Euro Pacific Metals:



Thursday, August 1, 2013

Buy Gold and Silver Now! Back Up the Truck!


Fed Chief Ben Bernanke is going to be replaced by the end of this year. CEO of Euro Pacific Precious Metals, Peter Schiff, speculates on his replacement by saying, "If it's solely based on which Fed Chairman is the most bullish for gold and silver, I would say that would be Janet Yellen. No matter who's put in at the Fed, they are going to keep printing because that's all they can do." Schiff warns, "They're going to keep printing until we have a currency crisis . . . and that is the most bullish environment for gold. Don't wait for the crisis to buy because you are not going to like the price."

- Source, USA Watch Dog:

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