That was the day that Federal Reserve Chair Janet Yellen said that we’ve experienced enough financial reform and improvements in global economies to prevent another financial crisis “in our lifetimes.”
that we’ve experienced enough financial reform and improvements in global economies to prevent another financial crisis “in our lifetimes.”
The ensuing sounds that follow such a statement are women weeping and men gnashing their teeth. Sounds so horrific that if we described them further, you would flee from your building.
Peter Schiff and Marc Faber are likely breaking their keyboards as they type at 200 words per minute to retort Yellen’s confidence. But let’s just point out the obvious.
When you hear this statement, you either laugh or you take a long, deep pause and wonder why and how Yellen could say something that surely will remain with her as long as history books log her name beside the title role in the Fed.
The short expectation is that central banks have no limitation to using liquidity as a cure to the slightest fiscal sneeze. Let the banks run wild. Let nations on the brink of insolvency multiple times receive massive bailouts.
Italy? You get a bailout before a “financial crisis…”
Optimism was in the air at the International Metal Writers Conference 2017, as thought leaders and experts shared ideas and updates on the bullish junior mining sector–over 40 expert analysts and dozens of companies shared the conference floor.
The lustre is back on gold as the likes of Rick Rule, Peter Schiff, and John Kaiser shared their optimism on the precious metal. During the conference, INN also caught up with the following companies focused on their gold projects in the Yukon Territory, Nevada and Nunavut. Scroll down to view their updates...
We’re ready! Boom Bust is bursting with headlines today. Bianca Facchinei starts off by taking us into the world of Bitcoin as former head of Mt. Gox goes to trial in Japan. The charges? Embezzling millions of dollars in bitcoins. CEO Peter Schiff joins us today as he talks about the two things the world is always watching: oil and the dollar. Retail expert Carol Spieckerman brings her knowledge to the table as we ask the question: is American retail in decline? That, and more, on today’s episode of Boom Bust!
Peter Schiff discusses the growing bubble that is the US economy. Will the US be able to survive its coming recession, or will they collapse and crash, bringing down the rest of the world with it? Peter Schiff explains what he believes will unfold.