Pinnacle TV

Krugman thinks the gold standard theory "is a scam". He says it is a policy that would only help the rich and would hurt the poor...

The CPI is no longer a tool to accurately measure inflation, but an instrument of propaganda the government uses to hide accelerating inflation from the public and financial markets. Modest CPI increases over the past several years do not reflect an absence of inflation, but a design flaw in the index that fails to fully capture the magnitude of price increases.

Peter Schiff interviews Ted Nuguent who is known for his staunch conservative political views and his strong defense and support of hunting and gun ownership rights.

Bloomberg's Josh Barro and Joseph Weisenthal, Deputy Editor at Business Insider, discuss the idea of minting a trillion dollar platinum coin to reduce the United States' debt and the function of the debt ceiling.

You be the judge of who is more ridiculous. The proposed platinum $1 trillion dollar coin or these commentators.

In his speech, Ron Paul asks some very curious questions such as:

Why does the Federal Government restrict the drinking of raw milk?

Why are Americans not allowed to use gold and silver as legal tender as mandated by the constitution?

Why do our political leaders believe it’s unnecessary to thoroughly audit the country’s gold?

Why can’t Americans decide which type of lightbulbs they want to buy?


Why are sick people, who use medical marijuana for treatment, sometimes thrown in jail for such use?

In 2012 sovereign bond yields in Europe's core countries hit multi-century lows. The question on many global investors minds is: Will they stay low or will the periphery's rot start to infect the core in 2013? Justin Knight, head of European interest rate strategy at UBS discusses the eurozone bond outlook with capital markets correspondent Robin Wigglesworth, and analyses the impact of new bonds with collective action clauses, so-called CACs.

Obama is back in Hawaii and the "fiscal cliff" has been averted. Hans Nichols breaks down the details of the new "fiscal cliff" deal. Blackrock CEO Larry Fink weighs in on how the "fiscal cliff" among other economic headwinds will impact the markets in 2013.

Peter Schiff believes the real fiscal cliff involves a coming crisis for the USD. As the European financial crisis continues to stabilize for the short-term, the market's focus will shift to the USD. Obama will not finish his second term without a dollar crisis landing at his door.


Schiff Notes: