Economists who hold the popular view that expanding the money supply will provide the best medicine for our ailing economy dismiss the inflationary concerns of monetary hawks, like me, by pointing to…
Tag: Finance
Peter Schiff – Lessons from Black Monday
By: Peter Schiff, CEO of Euro Pacific Capital 25 years ago, on another Monday in late October, the financial world seemed to disintegrate in a heartbeat. Though the 205 point drop in the…
Ron Paul – Gold is Good Money
Last year the Chairman of the Federal Reserve told me that gold is not money, a position which central banks, governments, and mainstream economists have claimed is the consensus for decades. But…
European Debt Crisis: “Imagine the Worst and Double It”
Just how will the sovereign debt crisis end? By Elliott Wave International We’ve all heard the line: Let me give it to you straight. And in speaking to his counterparts in Spain,…
Trickle Up Economics
The political left wing has long tried to cast doubt on the fairness, and even the efficacy, of free market capitalism by branding it as a “trickle down” system. This epithet is…
What is Money?
Excerpted from the new economic bestseller, The Real Crash By Peter Schiff, CEO of Euro Pacific Precious Metals Today, we’re accustomed to thinking of small greenish paper rectangles as the definition of…
Listen: EWI’s Chief Analyst Hochberg Explains Recent Action in Stocks, U.S. Dollar and More
Listen to Hochberg explain the problems with using lagging economic indicators like earnings By Elliott Wave International EWI Chief Market Analyst Steven Hochberg talks with MarketWrap radio on May 10, 2012, about…
Europe’s Financial Fiasco: Migrating to the United States?
History may repeat itself By Elliott Wave International Few Americans realize that the Great Depression started in Europe. Now as then, the global economy is fragile. The economy is clearly vulnerable to…
Position Yourself for the Rest of “Conquer the Crash”
The earlier you prepare, the better By Elliott Wave International To this day, I wonder why Robert Prechter’s book Conquer the Crash has not been more widely recognized. It described in advance…
Damn the Torpedoes
Last week in an interview on CBS Network News, Economist Mark Zandi, the chief economist for Moody’s, unwittingly revealed a central error of the global economic establishment. Zandi has made a career…