In an interview with CNBC on Tuesday, retired Texas Republican Congressman and three-time presidential candidate Ron Paul talked about gold prices and where he sees it heading over the next little while. Dr. Paul did not mince his words and stated explicitly that he thinks the yellow metal will go to epic proportions because the […]
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Will the too big to fail banks fail again?
At the height of the economic collapse, Americans were bombarded with propaganda from government officials, Wall Street executives and other corporatist shills that the nation’s financial institutions were too big to fail and needed to be bailed out with taxpayer money. Peter Schiff, president of Euro Pacific Capital, believes it will all happen again. In […]
Peter Schiff: Our phony economy can’t handle higher interest rates
Peter Schiff, president of Euro Pacific Capital and bestselling author, spoke with CNBC this week regarding gold, the bond market and interest rates. The anchor asked if he thinks he’s wrong on gold, but Schiff retorted that those who haven’t invested in gold are wrong. He went onto explain about the growing trend in the […]
Business Expert: Abolish the IRS, switch to a flat tax
In an email to Economic Collapse News, Grant Cardone, bestselling author and finance expert, explained that it is time to eliminate the IRS and switch to a flat tax. Cardone, who has appeared on all of the major news networks, listed five primary reasons to get rid of the IRS: – Tax code is too […]
Peter Schiff: Federal Reserve’s advisory council admits we’re screwed
No economic recovery? No end in sight to quantitative easing? No conclusion to massive debt levels? Peter Schiff spoke on his 20-minute vlog Saturday about how the Federal Reserve’s advisory council essentially admitted last week that the United States is screwed. Here is the video.