by Peter Schiff With its announcement this week that it will keep interest rates near zero until at least late 2014, the Federal Reserve has put another large crack into the foundations underlying the US dollar. In a misguided attempt to provide clarity and transparency, Ben Bernanke has instead laid out a simple road map …
Click “Read more” to see the full letter
The World Will Run Out of Silver in Nine Years By Brittany Stepniak 11/30/2011 Surging silver demand – for industrial uses as well its position as a safe-haven for many investors – is creating some serious supply deficiency issues…what will this mean for the future of the silver industry? Many financial analysts, investing experts, and …
The Fed Audit July 21, 2011 The first top-to-bottom audit of the Federal Reserve uncovered eye-popping new details about how the U.S. provided a whopping $16 trillion in secret loans to bail out American and foreign banks and businesses during the worst economic crisis since the Great Depression. An amendment by Sen. Bernie Sanders to …
National Debt: History repeats Itself It is perhaps the saddest story ever told and it has been told over and over again for millennia. It is the never-ending urge to dismantle capitalism after it has created great amounts of wealth. This has been going on since Roman times as can be seen in this quote …
Treasury makes move to give country more room to borrow. Reuters May 16, 2011 WASHINGTON—Treasury Secretary Timothy Geithner told Congress he would start tapping into federal pension funds on Monday to free up borrowing capacity as the nation hits the $14.294 trillion legal limit on its debt. The Treasury will issue $72 billion in …