U.S. Economy: The Old Saying About Lies

There is the old saying about lies, if you repeat them often enough and say them loudly enough eventually people will accept it as being the truth. And I think everybody has succeeded on that when it comes to blaming the bad news on the weather.

Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.

Inflation And The Minimum Wage Hike

Inflation papers over the economic consequences of the minimum wage hike by reducing the value of the money earned.

Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.

Wall Street Traders Are Getting Gold Wrong

We have nothing but bad economic news nothing but more promises of more inflation and more money printing and we have still the price of gold under pressure because I think a lot of Wall Street traders who are shorting and are as bold as ever in their predictions that gold is going back down to 1,000 dollars. They just don`t understand the economy, they just don`t understand inflation or monetary policy. But I think its a great opportunity for people to load up on gold and silver because everything that Janet Yellen said and everything she is going to do, which is more important, will be bullish for gold.

Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.