Peter Schiff: Spiraling Toward Recession

Last week, we got bad news in the manufacturing sector. The ISM index of national factory activity dropped to a 10-year low. It was the second straight month the number was below 50, which indicates a contraction in manufacturing. That news sent stock markets into a tailspin. This was followed up by a very week…

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A Great Opportunity to Stack Up on Gold

Jim Rickards contact “Goldfinger,” a gold industry insider, first clued us into an important gold flow reversal happening. You might recall their live broadcast. In the months just before that meeting in Zurich with Goldfinger, over 170 tons of gold flowed back into London. Instead of coming out of London, into Switzerland, and then heading…

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A Big Comeback For Gold

Gold is set for a comeback six to 12 months from now, according to UBS. As long as the Federal Reserve sees no reason to raise interest rates in a hurry, gold should do well, according to strategists at the bank’s Chief Investment Office Wealth Management Research arm. They see gold prices climbing to $1,350…

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Panic in the Street – the Story of Stolen Wealth

We are entering panic mood month, known as Octoberphobia. Credit Suisse’s Global Risk Appetite index reached “panic” levels for the first time since January 2012. Stocks are going down. Why? Why are the markets not performing? On the one hand, the U.S. Federal Reserve desperately wants to raise interest rates to show that there’s been…

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