By foolishly borrowing so heavily when interest rates are low, our government is driving us toward this cliff with its eyes firmly glued to the rearview mirror. Most economists downplay debt-servicing concerns with assertions that we have entered a new era of permanently low interest rates. This is a dangerously naive idea. - in Washington Times
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.
A Bear Market For Bonds Will Go On For A Long Time - "Not this month, but it's certainly going to go back into a bear market. And bond cycles are long for both the bear and the bull. This bull market has last...
20 hours ago