Ironically those correctly worried about the failure of our fiat monetary system, who make the mistake of buying Bitcoin, will lose more purchasing power by the time the system fails than those not worried at all who do nothing. If only they were buying gold and silver instead!
Jul 15, 2019
Jul 8, 2019
Signs Of A Weak U.S. Economy
If the U.S. Economy is really the strongest in history, why is the service sector growing at its slowest pace in 2 years, factory orders near a 3-year low, and small business employment collapsing at its fastest pace in over 9 years?
Markets: Gold, U.S. Dollar
Gold and the U.S. Dollar are over-reacting to June's jobs number that can easily be revised lower.
The economy is slowing and job losses are typically the caboose not the engine of the recession train. The Federal Reserve will cut interest rates, it will not prevent recession, but it will boost inflation!
Jun 17, 2019
U.S. Economy Keeps Reflecting Weakness
The so-called strongest economy ever keeps setting records that reflect weakness. In addition to records in government spending and borrowing, the June Empire State Manufacturing Index just dropped by a record 26 points to -8.6, its 1st negative reading since Trump was elected.
The US Dollar Is Going To Go Through The fFoor
The US Dollar is going to go through the floor and that means the world needs an alternative to the US Dollar. The best alternative is gold.
Jun 3, 2019
Bitcoin: New Gold or Fool's Gold?
Peter Schiff debates Barry Silbert at 2019 SALT Conference. They discussed Bitcoin and crypto currencies versus gold.
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