From Schiff Gold
April 20th at 5:59am
Ben Bernanke served as the chairman of the Federal Reserve from 2006 to 2014. He famously told Congress the Fed was absolutely not monetizing the debt in 2008. He said the difference between debt monetization and the Fed’s policy was that the central bank was not providing a permanent source of financing. He said the […]
The post Peter Schiff: Has Ben Bernanke Ever Told the Truth? first appeared on SchiffGold.
April 20th at 5:10am
China has opened the door to billions of dollars in gold imports. Reuters cites five sources indicating that Beijing has greenlighted the import of 150 tons of gold valued at around $8.5 billion at current prices. The report notes that China’sudden appetite for gold could potentially “support global prices.” China ranks as the world’s gold […]
The post China Greenlights Massive Increase in Gold Imports first appeared on SchiffGold.
April 19th at 6:25am
When Federal Reserve Chairman Jerome Powell appeared on 60 Minutes recently, he was asked what it takes to become the head of the central bank. In a clip from podcast episode 679, Peter Schiff said that when you think about the actual qualification, Bernie Madoff would have made the perfect Fed chairman. Or perhaps the […]
The post Peter Schiff: Bernie Madoff Could Have Been Fed Chair or Treasury Secretary first appeared on SchiffGold.
April 19th at 5:08am
Through the first six months of fiscal 2021, the US government ran a record $1.7 trillion budget deficit. And there is no end in sight to the borrowing and spending. Just last month, the national debt eclipsed $28 trillion for the first time. But it’s even worse than that. A lot worse. When you include unfunded […]
The post US Government Debt Problem Even Worse Than Advertised first appeared on SchiffGold.
April 16th at 7:24am
The other day a friend of mine asked me, tacos or burritos? My response: why not both? I think saying that annoyed him. He wanted me to pick one. Just one doggone it! We are very much a “pick one” kind of society. Everybody expects you to take a side on everything. Food, sports, entertainment, […]