By: Llewellyn H. Rockwell Jr. Is it too much to say that since the French Revolution, the left has been the source of virtually all political evils, and continues to be so in our day? There can be no doubt that great cruelty and violence can be and have been inflicted in the name of […]
Analysis
What Can Gold Do for Our Money?
By Stefan Gleason One of the chief virtues of a gold standard is that it serves as a restraint on the growth of money and credit. It makes runaway government deficit spending and major monetary catastrophes such as hyperinflation practically impossible. Opponents of a gold standard can’t defend the political malpractices that are enabled by […]
Why the stock market could crash very soon
With the possibility of the Federal Reserve slowing down its bond-buying, money-printing initiatives sometime next year – perhaps even as early as this year – many are contemplating the negative consequences it could have on the United States and global stock markets. After pumping so much money into the system hasn’t it become dependent on […]
June jobs report headlines are ignoring economic reality: full time jobs are disappearing
The number of jobs went up in June but what is not being reported is that the number of full time jobs actually went down. The total number went up because full time jobs are being replaced by part time jobs in the service sector. Not exactly good news for the economic outlook. Peter Schiff […]
Peter Schiff: Decline in gold being caused by speculators
Peter Schiff of Euro Pacific Precious Metals has a new video blog about the reasons for the recent massive decline in the price of gold. His view is that it is being driven by speculators who got in the market as gold was going up. These speculators are now buying into the headlines saying that […]