Peter Schiff, the President and CEO of Euro Pacific Capital, and one of the few who predicted the 2008 Great Recession before it happened has said that what we are experiencing now is “the beginning of the end.” Schiff made his comments during his keynote speech at the Vancouver Resource Investment Conference. 552 more words
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Economic Update 2-11-2019
- Economic releases were again light, as the impact of the government shutdown has altered schedules for now-stale data, but the week did see a weaker, but still strong, result for ISM non-manufacturing, a trade balance that moved further into deficit than expected, and jobless claims continued to indicate strength in labor markets. 644 more words
Rainer Michael Preiss believes the stage for gold as the main act has been building up for months, if not years.
In a recent Forbes article, strategist Rainer Michael Preiss went over his reasons… 446 more words
Economic Update 1-21-2019
- Although limited to some extent due to the Federal government shutdown, economic data for the week included a slight decline in producer prices, weaker consumer sentiment, mixed regional manufacturing results, but strong industrial production and jobless claims. 831 more words