Peter Schiff: Transitory Permanence

October 21, 2021  by Peter Schiff  0   1 The inflation that we were emphatically told would be transitory and unmoored continues to persist and entrench. As the troubles gather momentum Washington is doing its best to ignore the problem or actively make it worse. The latest batch of data shows that the Consumer Price Index rose 5.4% in […]

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Extreme Ratios Point to Gold and Silver Price Readjustments

Kicking the can down the road is the new national pastime. Every time the government’s bills come due, officials at the Treasury Department find creative ways of paying them with money they don’t have. One measure of just how overextended the United States has become financially is the debt to GDP ratio. For most of […]

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Stagflation Warning: Atlanta Fed GDP Estimate at 0.5%

October 20, 2021  by Michael Maharrey  0   1 As governments shut down the economy in response to COVID-19 and the Federal Reserve put money printing into hyperdrive, we warned that it was a recipe for stagflation. Today, it looks like stagnation is here. Stagflation is an economic environment with rapidly rising prices, a weak labor market, and low […]

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Peter Schiff: Gold Is an Inflation Safe Haven, Not Bonds

October 20, 2021  by SchiffGold  0   1 Gold and bonds are both considered to be safe havens. But in a recent podcast, Peter explained why bonds are not a safe haven in an inflationary environment. In fact, bonds – including US Treasuries – are risk assets when inflation is running hot. If you want safety from inflation, you […]

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Chinese Gold Demand Continues to Strengthen

October 19, 2021  by SchiffGold  0   0 Gold demand in China was up in September, as the country approaches a peak gold-buying season. Both gold withdrawals from the Shanghai Gold Exchange (SGE) in September and gold imports in August were up, a sign that the Chinese gold market continues to recover after it was hit hard by the […]

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