Blog Archives

Bullion Vaults Run Out of Space on Gold Rally

Deep in the 7.4-acre Singapore FreePort next to Changi International Airport’s runways is the bullion vault of Swiss Precious Metals, behind seven-metric-ton steel doors built to survive a plane crash or earthquake. The rooms are almost full after demand rose fivefold in the year since the Geneva-based company opened the facility. The firm plans an…

Peter Schiff Fined $15k for Hiring Too Many Employees

The rules and regulations really hurt investors says Peter Schiff who was fined for having hired to many people ,Peter Schiff : “The government has made it so expensive and so risky to hire people that most small businesses are doing everything they can to avoid hiring people,”

Gallup: Americans Choose Gold as the Best Long-Term Investment

PRINCETON, NJ — Thirty-four percent of Americans say gold is the best long-term investment, more than say so about four other types of investments. Real estate (19%) and stocks (17%) are distant second choices. The Aug. 11-14 Gallup poll was conducted at the end of a tumultuous week on Wall Street that sent the price…

Hot Arab Chick Interviews Tom Woods On Press TV

http://www.presstv.com/Program/199277.html In this edition of the show Susan interviews Thomas E. Woods Jr., Author and Historian. He talks about America being on the brink of financial collapse. Decades of political over-promising and underfunding have created a wave of debt that could swamp our already feeble economy. And the politicians' favorite tricks-raising taxes, borrowing from foreign…

Yemen street battles escalate, killing 9 people

SANAA, Yemen (AP) — Rapidly escalating street battles between opponents of Yemen's regime and forces loyal to its embattled president spread to the home districts of senior government figures and other highly sensitive areas of the capital on Tuesday. A third day of fighting, including a mortar attack on unarmed protesters, killed nine people, medical…

Peter Schiff On The Dismal Future of The US Economy

“We have to cut $1.5 trillion out of this year's budget,” says investment advisor, author, and radio host Peter Schiff. Reason's Nick Gillespie sat down with Schiff at July's FreedomFest in Las Vegas. Schiff, whose most recent book is How and Economy Grows and Why it Crashes, says that the economic downturn of 2008 is…