Last year the Chairman of the Federal Reserve told me that gold is not money, a position which central banks, governments, and mainstream economists have claimed is the consensus for decades. But…
Tag: Political Opinion
Ron Paul – Legalize Competing Currencies
I recently held a hearing in my congressional subcommittee on the subject of competing currencies. This is an issue of enormous importance, but unfortunately few Americans understand how the Federal Reserve and…
Obama Gets Real
By: Peter Schiff, CEO of Euro Pacific Capital For most of his time as a national political figure, Barack Obama has been careful to cloak his core socialist leanings behind a veil…
European Debt Crisis Threatens the Dollar
The global economic situation is becoming more dire every day. Approximately half of all US banks have significant exposure to the debt crisis in Europe. Much more dangerous for the US taxpayer…
In Defense of the 1%
By: Peter Schiff, CEO of Euro Pacific Capital Last week, I spent the afternoon visiting the Occupy Wall Street demonstrations in lower Manhattan. I brought a film crew and a sign that said “I Am…
Ron Paul – Super Congress A Gift to K Street
The Super Congress created by the recent debt ceiling increase deal is a typical example of something nefarious attached to a bigger bill that is rushed through Congress without giving Members ample…