31
Oct
Direction For The Dollar, Silver, GDP, QE2 and Elections
Peter Schiff comments on the silver price jump, the weak dollar and more.
26
Jun
5 Reasons to Own Gold
Arizona gold nugget
Why you should consider owning gold:
The modern European welfare state has proven unsustainable. From Greece to Britain, from France to Portugal, European countries are slashing social welfare benefits, raising the retirement age and dismantling government bureaucracies. Yet, even as Europe is learning that you can’t forever rob Peter in order to pay Paul, the U.S. is racing to transform itself into a copy of the failing European model.
Our national debt just topped $13 trillion.
The U.S. government spent $83 billion more than it took in last month, and that figure is expected to exceed $1.56 trillion for the year.
Congress blithely enacted a new multitrillion-dollar health care entitlement. It’s now engaged in a debate over legislation repealing a scheduled cut in Medicare reimbursements and further extending unemployment benefits.
The health care bill that just passed contained more than $569 billion in tax hikes between now and 2019.
