Make sure and watch me live with @RickSantelli on #CNBC this morning at 10:15 Eastern time.
— Peter Schiff (@PeterSchiff) April 6, 2016
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- Against Public Policy
- Unsurprisingly, the Vietnamese government has tried to bring all of that gold out of the underground economy. But as is generally the case, that’s easier said than done. http://bit.ly/2mFTYXC
- Deflationary spiral in a commodity based currency
- Detroit retailers are embracing Bitcoin.
- Silver Is Significantly Undervalued – A Terrific Buy (Video) @SchiffGold http://t.co/uEnTBjhOsm
- Hedonic adjustments for technological advances overstate the benefits to consumers, and allow the government to understate CPI increases. Just because a computer is twice as fast does not mean it delivers twice the value to consumers.
- Conventional wisdom tells us gold should be way down. Since gold doesn’t pay dividends or interest payments, investors typically shed non-yielding assets like gold. It isn’t. People are buying gold. http://bit.ly/2EIPDJB
- Share your economics-related audiobooks with the community using Audible's "Send this book" feature. Everyone can get one free book.
- Without QE4 Interest rates are headed much higher, which means stock prices are headed much lower. The sharp gains of the recent past have led stock market bulls to dismiss this decline as a healthy correction. It's far more likely this is the beginning of a bear market.
- The rich will get richer because return on investment