The Real Minimum Wage Is Always Zero
(Schiff)—The real minimum wage is always zero. Restaurant workers in California are about to find that out the hard way....
Bank Bailout Program Balance Surges Again in December
(Schiff)—What’s going on with US banks? Over the last month, loans outstanding in the Federal Reserve bank bailout program increased...
Bills Filed in Oklahoma and Missouri Would Eliminate Capital Gains Tax on the Sale of Gold and Silver
(Schiff)—Bills filed in the Oklahoma and Missouri legislatures for the 2024 legislative session would eliminate state capital gains taxes on...
Are the Chinese Selling Dollars to Buy Gold?
(Schiff)—Are the Chinese selling US dollar-denominated assets to buy gold? It sure looks that way. Chinese investors sold $21.2 billion...
Global Debt at Record Levels and the Free Lunch Is Over
(Schiff)—Global debt rose $10 trillion to a record $397 trillion in the first half of 2023, according to the Institute...
The Myth of the Invincible Dollar
(Schiff)—I write a lot about the national debt. And most people don’t care. That’s because there’s a widespread belief that...
Recession Warning! Four Key Triggers Are All in Play Right Now
(Schiff Gold)—We keep hearing about a “soft landing.” According to government officials, central bankers, and mainstream financial media pundits, the...
The Ticking Time Bomb Gets Closer to Zero as the National Debt Quietly Blows Past $33 Trillion
(Schiff)—Do you hear that? It’s a ticking time bomb. Last Friday, the national debt quietly blew above $33 trillion. As...
The Federal Reserve Is Losing Money and You’re Going to Foot the Bill
(Schiff)—The Federal Reserve is losing money. That means the American taxpayer is losing money. In most instances, a business bleeding...
Gold Is Natural Money — Fiat Is Fake
Gold is nature’s money. Aristotle listed four characteristics of sound money: it must be durable, portable, divisible, and have intrinsic value. Gold possesses...