Pinnacle TV

With evidence that the IRS has been abusing its power and targeting Conservative groups and individuals after Obama took power, Paul Ryan takes it to the acting commissioner.  It’s nice to see the tax man in hot water for once.

When you have a tax collection agency bullying groups based on political belief, you know your country is corrupt. America is a nation that has lost its way as its government intervenes in all aspect of its citizens’ lives.

Peter Schiff discusses the weakness, even Ben Bernanke can't hide, behind the US economy in his latest video blog. Schiff believes there has never been more reasons to buy and invest in gold, yet he's never seen such negative sentiment towards gold.

Schiff concludes that this pessimism and selling has mainly been coming from speculators and that their mass exodus could signal a bottom.

Schiff clarifies that what Japan has had for the past few decades, is price stability, which used to be a positive thing. With Japan's new Prime Minister, Shinzo Abe targeting higher than 2% inflation, he is leaving nothing to chance by doubling the monetary base.

Schiff warns that Japan should be careful what it wishes for, as significant inflation, could be just around the corner.

Bloomberg's Alex Morales reports that the U.N. has stated the world has entered a new danger zone on carbon dioxide as global concentration passes 400 ppm.

In India, gold's cultural value has always remained high, outweighing it's economic value. While the global economy slows and some countries like Cyprus consider selling bullion reserves to keep afloat, India has been importing the commodity in tonnes.

Gold & silver prices continue to underperform. Peter Hug of Kitco Metals discusses Asian physical demand, the RBA rate cut, Thursday's BOE meeting and the ongoing Syrian-Israeli conflict.

The 2-week ruckus for physical gold in Asia ended Monday as markets open in Tokyo, which was met with continued ETF redemptions in the US. In fact, medium-sized investors are viewing metal yields as "dead assets" and opting to dividend-yielding stocks.

Pierre Beaudoin, the President and CEO of Bombardier, along with Nouriel Roubini and Scott Minerd the Global Chief Investment Officer of Guggenheim Partners, discuss the global economy and opportunities within.

Legendary congressman Ron Paul talks to Bloomberg about inflation and gold’s recent price decline. Paul quickly discredits the Federal Reserve’s monetary policy as damaging and he is not letting gold’s sharp decline influence his belief that it is going much higher in value.