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…
Tag: Political Opinion
Ron Paul – Beware the Coming Bailouts of Europe
The economic establishment in this country has come to the conclusion that it is not a matter of “if” the United States must intervene in the bailout of the euro, but simply…
He Chose Well
By: Paul Tustain David Cameron was today forced in Brussels to choose between the free market and the vanities of overreaching politicians… TODAY is a very sad day. We believe that the…
Obama Gets Real
By: Peter Schiff, CEO of Euro Pacific Capital For most of his time as a national political figure, Barack Obama has been careful to cloak his core socialist leanings behind a veil…
On the Super Committee
This week marks the deadline for the so-called congressional Super Committee to meet its goal of cutting a laughably small amount of federal spending over the next decade. In fact the Committee…
European Debt Crisis Threatens the Dollar
The global economic situation is becoming more dire every day. Approximately half of all US banks have significant exposure to the debt crisis in Europe. Much more dangerous for the US taxpayer…
In Defense of the 1%
By: Peter Schiff, CEO of Euro Pacific Capital Last week, I spent the afternoon visiting the Occupy Wall Street demonstrations in lower Manhattan. I brought a film crew and a sign that…
When a Cut is Not a Cut
By: Dr. Ron Paul, U.S. Congressman One might think that the recent drama over the debt ceiling involves one side wanting to increase or maintain spending with the other side wanting to…
Competing Currencies – a Defense Against Profligate Government Spending
The end of June marked what is hopefully the end of the Federal Reserve’s policy of quantitative easing. For months the Fed has purchased hundreds of billions of dollars of Treasury debt,…
More Spending is Always the Answer
Last week, the House approved another increase in the national debt ceiling. This means the government can borrow $1.9 trillion more to stay afloat and avoid default. It has been little more…