Video: Peter Schiff: Yellen Barks on Rates, But Will Not Bite
JWR’s Comments: Despite all of the Fed’s grandstanding and blustering, Quantitative Easing (QE) will not truly end. I strongly suspect that there are hidden mechanisms through international agreements with other central banks that are making up for the reduction in official QE. We can expect more off-budget and black budget bookkeeping shenanigans, contributing to more debt that cannot be repaid without mass inflation. Get prepared for the inevitable dollar crisis, folks! Diversify into tangibles. In the next few months, the depressed spot price of silver and the depressed price of AR-10s and AR-15s (caused by a recent spurt of over-production) represent two good investment opportunities.
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Gold and Silver End Game Here-John Embry. – J.W.
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It’s Terrifying To Look At What’s Really Happening In The U.S.. – J.W.
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Items from Mr. Econocobas:
Retirement Savings Gap Widens Between Rich and Poor
College Debt Leaves Generation X Grads Less Wealthy Than Parents– They seem to think Millennials have a better chance, and I would say they are
in the same boat, perhaps worse.