Peter Schiff, CEO of Euro Pacific Capital, says money printing and government debt will lead gold to reaching $13,000 in the long-term. Schiff, who has had made bold predictions regarding the yellow metal in the past, made this remark in the extensive hour-long video with Mike Maloney. He believes a hyperinflationary environment driven by the […]
Archives for June 2015
The Boom is on – Federal Reserve says U.S. household wealth hits $85 trillion
The boom phase of the Federal Reserve induced business cycle is in full gear. It’s more apparent now than ever before, particularly after the United States central bank released a new report highlighting the astronomical amount of wealth U.S. households have. Due to roaring stock markets, soaring housing prices and labor market manipulation, Americans’ net […]
Stop the welfare for the one percent
By Ron Paul: This month Congress will consider whether to renew the charter of the Export-Import Bank (Ex-Im Bank). Ex-Im Bank is a New Deal-era federal program that uses taxpayer funds to subsidize the exports of American businesses. Foreign businesses, including state-owned corporations, also benefit from Ex-Im Bank. One country that has benefited from $1.5 […]
Report: Bottled water and 8 other products with the biggest markups
Sometimes we purchase certain products because we’re lazy. It’s a fact of life. We can’t be bothered to do certain things. A great example of this is pre-cut vegetables and fruit. How lethargic and indolent have we become that we simply can’t cut our apples, celery, carrots and oranges? At the same time, these types […]
$15 minimum wage puts American workers at top 1% of global income: finance author
Since the Occupy Wall Street demonstrations, there has been constant talk of the one percent. It has become nothing more than a buzzword, code for more government, higher taxes and dismantling of capitalism. It has transformed into a nauseating discussion these days. At around the same time, there has been a push for a higher […]