The Number Of Permanent Business-Shutdowns Is Rising

The Number Of Permanent Business-Shutdowns Is Rising

Jul 24, 2020 | Economic Collapse

Permanent business closures are rising as the economic impacts of the coronavirus-induced government shutdowns continue to ripple through the economy. This is yet another sign that the promised “v-shaped” economic recovery will likely never materialize. Business...
Central Banks Add More Gold to Their Reserves

Central Banks Add More Gold to Their Reserves

Apr 14, 2020 | Economy

Central banks continued their gold-buying spree in February, although the pace of gold purchases has slowed compared to last year’s near-record purchases. On net, central banks globally added another 36 tons of gold to their reserves in February, according to the...
Beware of Gold Scams!

Beware of Gold Scams!

Mar 18, 2020 | Gold

The demand for physical gold has gone through the roof in the midst of economic chaos caused by the coronavirus. We’re beginning to see shortages of some bullion products. As more people pile into the market,  the number of scammers looking to take advantage of...
Another Massive Deficit With More Spending Coming Down the Pike

Another Massive Deficit With More Spending Coming Down the Pike

Mar 13, 2020 | Economy

The US is heading for economic lockdown as the impact of the coronavirus grows. To cope with the crisis, President Trump has promised fiscal stimulus. The actual plan remains unclear, but the Trump administration has floated a reduction in payroll taxes, along with...
The Fed Hit the Panic Button and It’s Making Things Worse

The Fed Hit the Panic Button and It’s Making Things Worse

Mar 10, 2020 | Fed

Stock markets have been getting hammered, ostensibly because of the economic impacts of the coronavirus. Peter Schiff has been saying this isn’t really about the virus. It was the pin that pricked the bubble. If it wasn’t coronavirus, it would have been something...