Pinnacle TV

Peter Schiff discusses Janet Yellen's latest testimony in front of the Senate and House of Representatives.  

Schiff believes Yellen made of her dovish comments in recent testimonies, as she reveals they are not in any hurry to...

Peter Schiff discusses Janet Yellen's latest testimony in front of the Senate and House of Representatives.  

Schiff believes Yellen made of her dovish comments in recent testimonies, as she reveals they are not in any hurry to raise rates.

Yellen explained that "the committee judges that a high degree of policy accommodation remains appropriate."

Schiff argues that this is proof the economy is not recovering and that it is set to roll over.

Max Keiser and Stacy Herbert discuss a recent report from the economist.com that discusses what happens when private sector debt exceeds 100% of GDP.

Keiser discusses the shift that took place in the 80s, where instead of Wall Street financing Main Street, they began to finance themselves.

Keiser coins the term 'financial narcissism' and discusses the reason for companies participating in continued share buybacks.

Low productivity and housing booms are also discussed as debt continues to soar in the UK.

Increased petroleum production in the United States, fueled largely by recent technological advances in hydraulic fracturing and horizontal drilling, has had a profound effect on the U.S. economy and global energy markets.

This is an interesting interview, given the fact it took place almost exactly 1 year ago. The history of fracking is discussed along with the novel approach that "changed everything".

Gary Wagner, a technical specialist, discusses the key level of $1,198 and why it is critical gold stays above that price.

Bearish sentiment continues to overweigh the bullish sentiment in respect to gold at the moment.

Gold prices were down $5.80 an ounce Monday morning to $1,199.10.

Gary discusses why he believes we are at a "crossroads" in respect to the price of gold. The term "fibonnaci harmonics" is also discussed.

Peter Schiff discusses why Janet Yellen is concerned about how the Fed uses the word "patient" in respect to the central bank's position on raising interest rates.

Schiff believes that this is "open mouth operations when it comes to the Fed" and that "all this talk about a recovery is just talk, all this talk about raising rates is just talk."

Schiff outlines threats to the US 'recovery' and why it is not real. The outspoken market forecaster discusses what he believes lies ahead in 2015 and beyond.

In this President's Day edition, Kitco News interviewed Frank Holmes and discussed the gold market.

Focusing on Greece, Holmes sees these talks between the Greeks and the European Union as rocking the boat of political instability, saying “now it’s a 50% probability they’ll leave the euro.”

He expands on Greece by explaining that the new government’s opposition to El Dorado’s gold mine brings to light a troubling socialist attitude.

In 2010, Mike Maloney delivered a keynote speech at the Sochi Banking Conference that shocked the audience - he was predicting a massive deflation in oil prices.

Mike follows up on what has happened since then in Russia, and how things may play out in the future. Maloney argues that Russia faces a massive deflationary force.

The source of government revenues in Russia is also discussed.

In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss the plague of benefit cheats occupying positions of power.

Citizens of Great Britain and other nations are becoming increasingly willing to break the law to obtain benefits from their respective governments.

Global demand for gold has hit a four-year low. According to the WGC, China's gold demand for the sale of gold coins and bars was halfed in 2014 as overall demand fell 38%.

India and China accounted for 54% of consumer demand for gold in 2014.

However, thanks to turmoil in the Eurozone, gold has bounced back more than 3% this year after falling 28% the previous two years.

The Financial Crisis of 2008 is evaluated in this biography of Warren Buffett.

This full Bloomberg documentary on Warren Buffett starts with the environment of his childhood and his many early businesses, all the way to his managing of Berkshire Hathaway and how he finds great stocks. Buffett discusses being rejected by Harvard and his early investing education. 

Kitco News spoke to Peter Hug on Tuesday to see why he thinks gold isn't doing better.

Hug commented that, "We're looking at a situation where there is still considerable flow of funds going into the U.S. dollar."

He added that it may seem like the "dollar and the U.S. equity market have become more of a safe haven than gold."

Peter Schiff discusses China's recently reported $60 billion trade surplus.

Schiff is blown away that investors and the mainstream media are somehow seeing this as a negative.

America recorded its biggest monthly trade deficit increase in history in January; investors viewed this as a positive and a benefit from a strong dollar.


Schiff says that, "everyday my life reminds me more and more of a twilight zone episode."

In this episode of Kitco News, the host sits down with Gold Stock Analysts editor John Doody.

In respect to the gold equities market, Doody commented that,

"Its a pickers market, you have to understand what your buying. If your just going to buy Newmont and Barrick, you know, your not going to, your probably not going to do very well. They are just elephants that can't dance. You need more nimble stocks, but stocks that have something to them, not just exploration stocks."

Doody believes that gold is headed higher.

Greece's far-left Syriza party swept to power supported by voters opposed to the terms of the nation's international bailout a few weeks ago.

Under Syriza, the Greek Government will refuse to pay bondholders what they are owed, which is similar to what happened in countries like Cyprus and Argentina.

Marxism has come to Greece and the impact on its citizens and the EU are going to be severe.

In this Keiser Report, Max Keiser and Stacy Herbert warn Greece to beware bureaucrats and bankers bearing bailouts.

In the second half, Max continues with the second part of his interview with Kerry-Anne Mendoza about her new best selling book, “Austerity: The demolition of the welfare state and the rise of the zombie economy.”

In this edition of the Friday Funny, Will Ferrell breaks it down to a little "Drunk in Love".

Jimmy Fallon, host of The Tonight Show, asks guests Will Ferrell and Kevin Hart to battle in an intense lip sync-off to songs like Beyoncé's "Drunk in Love" and John Legend's "All of Me."

Gregory Mannarino of TradersChoice.net sat down with Greg Hunter from USA Watchdog recently.

He commented that, “We are watching epic events occur. People have been saying for years, where is the collapse, where is it? It’s now. Look at the actions of the world central banks. They are becoming more and more desperate. They are slashing interest rates, and there are negative interest rates. The Federal Reserve will follow suit despite the garbage that is coming out from the Federal Reserve Governors; it’s nonsense. There is no possible way they can raise rates.”

Peter Schiff believes the EU will get a CPI above 2% before the end of the year.

In regards to Greece, Schiff explains that, "the reason that America is a Republic and not a Democracy is because our founding fathers were historians and they studied the ancient Greek democracies and what an ambysmal failure they were, well Greece is giving us another example of why Democracy doesn't work because this is what the Greek's vote for, they vote for socialism."

Peter Schiff also discusses the price of oil, the Fed, the ECB and where people should put their money.

Peter Hug takes a look at why gold has been under pressure, on this edition of For Pete’s Sake! Touching on Greece’s newly elected left-wing government, Hug points out that the safe-haven bid has been taken out of gold a little bit, due to the party’s recently softened stance on distancing itself from the EU.

Hug commented that, “Greece seems to be backing away from its aggressive stance and they’re trying to negotiate some type of package that would allow them to be less austere, but at the same time stay within the EU.”

Syriza’s Finance Minister Yanis Varoufakis wants to shift the fiscal focus of Greece away from budget cuts and towards structural reforms. He has a proposal of GDP-linked and perpetual bonds on the table. Meanwhile the Troika wants to keep the current deal, which requires the Greeks to run a primary budget surplus –with a target of a 4.5% primary surplus in 2016.