Rep. Scott is upset that the people who disproportionately pay the federal income tax also disproportionately benefits when income taxes are cut. The problem with the tax cuts is not who benefits, but that no government spending was reduced to enable them.
— Peter Schiff (@PeterSchiff) February 27, 2018
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- Some have speculated Germany wants the gold at home in the event of a breakup of the EU and a collapse of the euro. http://bit.ly/2xfQO0f
- November report "Is it True, as David Hume (1711 – 1776) postulated that, "Nothing is esteemed a more certain sign of the flourishing conditions of any nation than the lowness of interest"?" published. https://bit.ly/2y4LJZQ
- JP Morgan does not understand that it's not just about where interest rates are now that is the problem, but about how much higher they are going, and how quickly they will get there!
- The Bigger the Bubble, The Fewer People See It
- Ep. 322: Economic Alice in Wonderland: http://bit.ly/2necG95 via @YouTube
- Russia has passed China to become the world’s fifth-largest gold-holding country. http://bit.ly/2CJzi6l
- Goldman pointed to several fundamental weaknesses it sees in cryptos that make gold a better long-term value. http://bit.ly/2z6Nt7l
- If Spending Is Our Military Strategy, Our Strategy Is Bankrupt
- Chinese and US Markets Crashing for Same Reason (Video) @SchiffGold http://bit.ly/1Khsvl0
- Experts are dismissing the danger of rising bond yields as they claim rates are going up for the right reasons. But it's far more likely rates are rising for the wrong reasons. But regardless of why rates are rising, the U.S. has so much debt that it can't afford the higher cost.