Once economies stop throwing good money after bad, capital is freed up to flow into more economically viable purposes. But economists and politicians never look at the long term. Their job seems to be to manage the economy for the next election. - excerpt from the Damn the Torpedoes
Peter Schiff`s comments on the economy, stock markets, politics and gold. Schiff is the renowned writer of the bestseller Crash Proof: How to Profit from the Coming Economic Collapse.
Gold Needs A Correction To Find A New Base, A New Bottom - "So now, it's having a long overdue and much needed correction that could last, I don’t know, several days, weeks, months or more. But it's good for the go...
15 hours ago