Schiff Refutes “Stellar” Jobs Numbers

Friday’s employment data had a number of people in an uproar. After Mitt Romney scored a victory in the first Presidential debate, many thought that our sudden and steep drop in unemployment (from 8.1% to 7.8%) was a little fishy. After all, it was the largest one-month drop in the unemployment rate in roughly nine years, leading many to question whether or not those numbers were skewed in Obama’s favor. It seems highly unlikely that the data was in any way fixed, but a closer look beneath the surface reveals the report as a negative one nonetheless [for more economic news and analysis subscribe to our free newsletter].

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Billionaires Dump Equity Holdings, Time to Panic?

Over the past weeks, many economists have been predicting dire situations playing out for the U.S. economy. With a third round of open-ended easing announced, many fear that the long term ramifications of such an intense program will be catastrophic for stocks. Some, like Jim Rogers, have called for a recession to hit next year and deepen in 2014, while others believe that we are already in a recession. Analysis and commentary is all fine and dandy, but anyone of these esteemed investors can say anything they want; it’s the moves they make that you want to pay close attention to [for more economic news and analysis subscribe to our free newsletter].

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Were Friday’s Unemployment Numbers Manipulated?

Another day, and another not-so-small accusation of our government manipulating data. This time it came with Friday’s jobs report, as a sudden and massive dip in unemployment made September the best month for jobs growth in almost nine years. The unemployment figures dipped from 8.1% to 7.8%, prompting joy for most of the markets and likely most of the Obama campaign. The issue here, is that the report came just days after Obama suffered a crushing defeat (by most accounts) in the first┬áPresidential┬ádebate with Mitt Romney [for more economic news and analysis subscribe to our free newsletter].

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How Warren Buffett Could End The Deficit in 5 Minutes

The Oracle of Omaha has always had a bold view on the American economy and is not afraid to stick to his convictions. It is, after all, why he is one of the most successful investors and businessmen of all time. A little over a year ago, Buffett made a comment about how he could end our swarming debt problems in 5 minutes. As our total debt has now surpassed that of our GDP and continues to grow, we revisit Buffett’s commentary to see if it has any kind of clout or if it is a realistic option [for more economic news and analysis subscribe to our free newsletter].

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Peter Schiff: The Recession is Already Here

Some analysts, like Jim Rogers, have been warning about a coming recession in 2013, while other big names like Roubini and Faber have been even more bold with their statements. Investors should not be surprised to see Peter Schiff throw his hat into the ring, as he has never been one to be shy about his views of the economy. Recently, Schiff has been talking a lot about the debasement of our dollar and the inevitable fiscal cliff while also taking calculated jabs at QE3. But he has now taken it a step further, claiming us to already be in another recession [for more economic news and analysis subscribe to our free newsletter].

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Bernanke Fires Back at QE Critics

After the announcement of a third quantitative easing program, critics were quick to point out the flaws and inevitable downfalls of Bernanke’s plan, Commodity HQ included. The main complaints have been that the consistent money printing will eventually lead to hefty inflation and a weak dollar. Others feel that QE is simply propping up the economy and when the asset purchasing is stopped, the economy will suffer a major blow. Though Bernanke has been quiet since the announcement of the open-ended easing, he has since publicly reached out to decry the criticisms from analysts around the nation [for more economic news and analysis subscribe to our free newsletter].

Posted in Academic Research, Actionable Ideas, Asset Allocation, Gold, News and Current Events, Precious Metals, Silver | Tagged , , , , | 2 Comments

Faber: Romney’s Fed Chairmen Will Print Trillions

By now everyone is familiar with Ben Bernanke and his money printing strategies for solving an economy in crisis. His ideals concerning increasing the money supply stem from his research on the Great Depression where he feels that a low money supply is what hindered the economy at the time. While no one can say for sure if today’s overly-active printing presses have avoided a depression, it has certainly been a controversial policy. With the recent announcement of QE3 many are worried that a slew of open-ended asset purchasing and printing will only debase the dollar further and make it harder to get out of our massive debts [for mroe economic news and analysis subscribe to our free newsletter].

Posted in Actionable Ideas, Asset Allocation, Commodity ETFs, Gold, News and Current Events, Precious Metals | Tagged , , | 4 Comments

Why QE3 is Just Delaying the Inevitable

Markets were overjoyed by the announcement of a third quantitative easing program that was announced yesterday. Fed Chairman Ben Bernanke revealed plans for an open-ended QE that will purchase $40 billion in MBS every month until the Fed is satisfied with the economy. Nearly every major benchmark hit a post-recession high along with strong performances from big name commodities like gold and oil [for more economic news subscribe to our free newsletter].

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5 Surprising Facts You Probably Don’t Know About Ben Bernanke

Federal Chairman Ben Bernanke has become a widely known name in recent years, perhaps for the wrong reasons. As Chairman, Bernanke has faced loads of criticism for his actions to jumpstart an economy that has been struggling for the majority of his time behind the wheel. Bernanke took office in 2006 under President Bush and has since been faced with one of the worst economies in U.S. history. But there are probably a number of things that you don’t know about Mr. Bernanke and his tenure as Fed Chairman [for more economic news and analysis subscribe to our free newsletter].

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Peter Schiff: The Only Way To Fix The Economy Is To Let It Fail

Peter Schiff is no stranger to voicing his opinion. Whether it is his prediction of gold hitting $5,000 per ounce, or urging the U.S. to return to a gold standard, Schiff has no problem with the spotlight and his somewhat bold opinions. In a recent article, Schiff continued the trend by making a few strong statements on the state of the U.S. economy. Schiff stated that our economy’s growth has been sluggish at best since the recession began, and that current policies and plans to help put it on the right track are actually hurting us in the long run [for more economic news and analysis subscribe to our free newsletter].

Posted in Actionable Ideas, Commodity Futures, News and Current Events | Tagged , | 24 Comments