Junk Bond Default Surge Continues in 2024
Consumers aren’t the only ones defaulting on their debts: Corporate bond defaults were up massively in 2023, especially for high-risk junk debt, and the trend is continuing this year at a pace not seen...
View ArticlePIMCO: The Fed Needs More Unemployment
Analysts at PIMCO say that for the Fed to reach its goal of lowering inflation to 2%, we need fewer people to be employed. Reduced incentives to offer raises and bonuses and less spending from the...
View ArticleIs Someone About to Stress the Comex
The CME Comex is the Exchange where futures are traded for gold, silver, and other commodities. The CME also allows futures buyers to turn their contracts into physical metal through delivery. You can...
View ArticleThe BLM’s Quiet War on Precious Metals
The Bureau of Land Management is a federal agency that controls 245 million acres of land and controls 30% of the country’s mineral resources. On the East Coast, it manages little land but manages an...
View ArticleThe End of Japan’s Negative Interest Rates: What It Means for Gold
The Bank of Japan’s historic move to end the country’s negative interest rate policy after nearly two decades triggered a jolt upward to new all-time highs for gold against the yen. But what are the...
View ArticlePeter Schiff: Inflation Bloodbath on the Way
This time Peter tackles Jerome Powell’s speech from Wednesday, in which he announced that the Fed is holding the federal funds rate between 5.25 and 5.5%. He also briefly discusses Bitcoin’s pullback...
View ArticleFed Speaks, Inflation Spikes: SchiffGold Friday Gold Wrap March, 22, 2024
JD and Joel discuss this week’s Fed announcement. It caused new all-time highs in gold, but this all but confirms a coming inflation bloodbath. We also discuss ways the dollar can stay “strong” even...
View ArticleCFTC CoTs Report: Managed Money Still Driving Prices
Please note: the CoTs report was published on 03/22/2024 for the period ending 03/19/2024. “Managed Money” and “Hedge Funds” are used interchangeably. The Commitment of Traders report is a weekly...
View ArticleDollar Down 20% Since 2020, Biden Blames Greed
Assuming CPI measurements are not understatements, the dollar’s value has plummeted by a staggering one-fifth since 2020, yet, rather than acknowledging its role in fueling this economic turmoil, the...
View ArticleNew Peter Schiff Interview: We’re Paying the Price for Deficits
Last week, Peter was interviewed on Speak Up with Anthony Scaramucci. In their conversation, they covered a wide range of important topics, including inflation, the fate of the dollar, and the...
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