Best hedge against inflation. Peter Schiff appeared on Fox Business this morning to talk about the market’s perception of gold, the extraordinary surge in gold sales this month, and hidden inflation in the US and Japan. “Gold has been up for 12 consecutive years. It’s entitled to a correction. It’s incredible how the media has jumped all over ... MORE
Showing posts with label inflation. Show all posts
Showing posts with label inflation. Show all posts
Peter Schiff: Record Physical Gold Sales
Best hedge against inflation. Peter Schiff appeared on Fox Business this morning to talk about the market’s perception of gold, the extraordinary surge in gold sales this month, and hidden inflation in the US and Japan. “Gold has been up for 12 consecutive years. It’s entitled to a correction. It’s incredible how the media has jumped all over ... MOREExpect These 8 Steps From The Government's Playbook
by Simon Black. To anyone paying attention, reality is now painfully obvious. These bankrupt, insolvent governments have just about run out of fingers to plug the dikes. And history shows that, once this happens, governments fall back on a very limited playbook: 1. Direct confiscation - As Cyprus showed us, bankrupt governments are quite happy to ... MOREIf There Is No Inflation, Why Are Prices Up So Much?
by Michael Sivy. Last week, I ran out of ink for my printer and ordered some more online. My computer automatically pulled up the previous order, and I was shocked to see that the price of the ink cartridges I was buying had gone up 25%. To my mind, ink always seems overpriced. Manufacturers sell printers cheaply because they know that they ... MORERobert Higgs: Don't Rely On A Quack Doctor
Some prescriptions can have adverse actions. A man goes to his doctor for a routine checkup. The doctor performs a perfunctory examination and informs him that unless he receives an experimental treatment the doctor has devised, he will soon become disabled. “What’s it cost, Doc?” the man asks. “Well, unfortunately it’s not cheap, ... MORERichard Berman: Raising Minimum Wage Is Bad Magic Trick
Presto, change-o and workers will be hurt. Apparently America’s employees were better off in 1968 than they are
today. At least, such is the claim of the labor-backed activists and the
AFL-CIO’s
chief economist. By their telling, the minimum wage has lost value — if
it were fairly adjusted since the late 1960s, it would today be set at
$10.58. ... MOREVIDEO: Why The Price Of Everything Is Going Up
The more money put into circulation, the more there is to bid up prices.
Thomas Sowell: Guns And Pensions
The great appeal of pension politics. A nation's choice between spending on military defense and spending on civilian goods has often been posed as "guns versus butter." But understanding the choices of many nations' political leaders might be helped by examining the contrast between their runaway spending on pensions while skimping ... MOREThomas Sowell: Prophets And Losses
Somebody could use a new crystal ball. Now that the federal government is playing an ever larger role in the economy, a look at Washington's track record seems to be long overdue. The recent release of the Federal Reserve Board's transcripts of its deliberations back in 2007 shows that their economic prophecies were way off. How much ... MOREA. Barton Hinkle: Spending Cuts Are Mostly Fiction
Would you like to save $20,000 this year? Of course you would. Here’s how: Plan a month-long vacation to Disneyland, and budget $20,000 for the trip. Then don’t go. Presto! You just “cut” your family budget by 20 grand. This sounds absurd—because it is. Yet that is precisely
how Washington operates. A couple of weeks ago, ... MORE
Katie Kieffer: Five Good Men
There are a few good men. And, by "a few," I mean five. Certainly there are far more than five good men in America. But in the U.S. Senate, there are just five moral Republicans. Who am I referring to? Let me introduce you to the five men in the Senate who stood their ground while their Republican peers (save two abstainers) voted for a fiscal cliff ... MORE
Nathan Lewis: 40 Years Of Floating Money
40 years of the average worker getting poorer. The reason we have floating currencies today is to enable economic management via currency manipulation. Central banks attempt to guide macroeconomic factors like unemployment, economic growth, interest rates, inflation and so forth by jiggering the currency. This idea is very old, ... MORE
Thomas Sowell: Taxing The Poor
How the poor are made to pay. With all the talk about taxing the rich, we hear very little talk
about taxing the poor. Yet the marginal tax rate on someone living in
poverty can sometimes be higher than the marginal tax rate on
millionaires. While it is true that nearly half the households in the country pay
no income tax at all, the ... MOREVIDEO: Peter Schiff: Obama 2.0 & The Fiscal Cliff
This important video contains vital information for your future!
Implications for America, the Markets, the Dollar and Gold.
Should we go all out to avoid the fiscal cliff or just take the dive?
Implications for America, the Markets, the Dollar and Gold.
Should we go all out to avoid the fiscal cliff or just take the dive?
Check Out The Drastic Price Increases On These 21 Items
It's not just gas! Tuesday’s presidential debate touched on some massive economic issues
that are affecting all Americans. The immense increase in gas prices was
a crucial part of the discussion, but have other everyday products seen
a drastic increased in price over the same time period? According to
Blaze research on data provided by the ... MOREIra Stoll: Obama's Fact-Challenged Tax Claim
Where are the “fact-checkers” when you need them? On CBS News’s “60 Minutes” Sunday night, President
Obama said,
“Taxes are lower on families than they've been probably in the last
50 years. So I haven't raised taxes.” As of Monday morning, neither the Washington Post’s
Pinocchio-awarding Fact-Checker,
nor the Annenberg Public Policy ... MORE
VIDEO: Robert P. Murphy - Econ Moment QE3
Information is power. This is an important video that all citizens need to watch.
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