Peter D. Schiff
Peter D.'S LATEST HEADLINES
-
Symptoms Don't Lie
A good doctor will not simply make a diagnosis based on measurements. The symptoms and complaints expressed by the patient are at least as important in making a determination as the data provided by diagnostic tools.
When the data says one thing and the symptoms continuously say another, it makes sense to question the reliability of the instruments.
This would be particularly true if the instruments are furnished by a party with a stake in a favorable diagnosis, say an insurance company on the hook for treatment costs.
The same holds true for the U.S. economy. Although our government-supplied data suggests we are experiencing low inflation and modest economic growth, the economy shows symptoms of low growth, rising prices, and diminishing purchasing power
If consumer inflation data were accurately reported, it would be revealed that much of the apparent growth is an illusion. Peter Schiff explains. - The Pound Gets Pounded
- The Bernanke Shock
- The Trillion Dollar Trick
- Federal Reserve Policy Pushes the Dollar Ever Closer to Collapse
- Special Report: Why Investors Must Buy Gold … Before it Runs Away in Price
- Inflating Government Bubble Can Only Lead to a Major Financial Hangover
- Is the Government Rehabilitating the Economy or Delaying the Inevitable?
- What Does the "Wall of Worry" Tell Us About Future Gold Prices?
- Obama's Healthcare Plan: A Prescription for Disaster