In this economic collapse, the United States and European stock markets are some of the scariest places to invest your money in. All of the contrarian investors, such as Peter Schiff, Marc Faber and Jim Rogers, are recommending individuals to put their money into Asian stocks as well as precious metals and agriculture. UBS published […]
Archives for February 2014
Author says bitcoiners are guinea pigs for central banks, financial institutions
Financial institutions and central banks have studied and published reports in regards to bitcoins and the digital currency industry. For years, the banking community has attempted to transfer currencies into digital and eliminate the need for cash entirely. This is why bitcoiners have become useful for this reason, according to the Financial Times. Izabella Kaminska, […]
Argentine McDonald’s running out of ketchup amid inflation, price controls
The government of Argentina says that its inflation rate is standing at just under 11 percent, but critics and private research firms have that figure pegged at 28 percent. According to indexes published by these groups, prices rose 28.4 percent in the Latin American country last year, a number that has Argentines running scared from […]
Peter Schiff: Gold will spike when Federal Reserve returns with new QE plan
The financial community doesn’t have high hopes for precious metals this year. Most of the financial institutions on Wall Street project gold to fall to as low as $950 per ounce because the economy is improving and inflation has been relatively stable. One contrarian investor says that’s nonsense. Peter Schiff, president of Euro Pacific Capital […]
Marc Faber: Stocks to plummet as much as 30%, QE has been a ‘complete failure’
With the Federal Reserve planning to taper its bond-buying quantitative easing program by as much as $20 billion, will the stock market plunge by double digits because it won’t receive as high an injection? Marc Faber thinks so. Faber, publisher of the Gloom, Boom & Doom Report, spoke to CNBC on Wednesday to talk about […]