From Schiff Gold
January 27th at 6:06am
Bills introduced in the Mississippi House and the Tennessee Senate would repeal state sales taxes on precious metals bullion. This would not only relieve some of the tax burdens on investors in those states; it would also take a small step toward treating gold and silver as money instead of commodities. In Mississippi, Rep. Henry […]
The post Bills Introduced in Mississippi and Tennessee Would Repeal Sales Tax on Gold and Silver first appeared on SchiffGold.
January 27th at 5:52am
Millions of Americans remain out of work. The US economy continues to languish, burdened by government lockdowns and other pandemic-related factors. Retail sales have dropped precipitously over the last several months, underscoring the economic malaise. So, how is it that the housing market is booming? It’s a tale of two housing markets. Even with some […]
The post Fed and Government Policy Driving Housing Bubble 2.0 first appeared on SchiffGold.
January 26th at 5:26am
This year will mark the 50th anniversary of President Richard Nixon severing America – and the world – from its last tie to the gold standard. The rapid devaluing of the dollar is the most obvious result. But another consequence has been an enormous national debt that continues to grow at a staggering pace. Most […]
The post Nixon Closed the Gold Window and All I Got Was This Lousy National Debt first appeared on SchiffGold.
January 26th at 4:22am
For months, Peter Schiff has been warning that the stock market is a bubble. It is detached from any political or economic reality and is being driven by Federal Reserve monetary policy. During an interview on NTD Business News, Peter said a lot of investment advisors know this too, but they are advising people to […]
The post Peter Schiff: You’ve Got to Know When It’s Time to Leave the Party first appeared on SchiffGold.
January 25th at 5:25am
World gold production dropped by 5.4% in 2020 according to preliminary estimates released by GlobalData last week. Global data projects gold production came in at 108 million ounces last year. The sharp decline was largely due to mine closures during the coronavirus pandemic. But it also fits into a broader trend of declining mine output […]