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  • RSS Free Talk Live

    • FTL Digest 2017-07-19
      Free Talk Live's Daily Digests feature highlights from our full-length seven-day-a-week live radio show, selected and edited by Riley Blake. Enjoying the digests? Please donate $5-10 per month to Riley via this link: https://www.patreon.com/crblake86 If you want to donate via bitcoin, you can do so at the following address: 1NytDNA14UcYsvzX5DHhzowGCqNou […]
    • Free Talk Live 2017-07-20
      Toronto man in trouble after building stairs in a City Park :: Bureaucratic inefficienecy :: Public vs private land :: Elon Musk claims to have "verbal approval" for a Hyperloop from DC to NYC :: Dutch Police announced they had taken down a darknet market :: Ralph's lunacy :: Caller tries to make a libertarian case for a universal income :: Pr […]
    • FTL Digest 2017-07-18
      Free Talk Live's Daily Digests feature highlights from our full-length seven-day-a-week live radio show, selected and edited by Riley Blake. Enjoying the digests? Please donate $5-10 per month to Riley via this link: https://www.patreon.com/crblake86 If you want to donate via bitcoin, you can do so at the following address: 1NytDNA14UcYsvzX5DHhzowGCqNou […]
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  • RSS Schiff Radio

    • The Fed May Show Trump No Love
      By: Peter Schiff, President and CEO Euro Pacific Capital Typically, U.S. Presidents are wary of claiming stock market performance as a referendum on their success. Most have seemed to understand that taking credit also means accepting blame, and no one would want to make the tortured argument that the positive moves reflect well on their presidency […] The p […]
    • Weak Data Sinks Dollar But Floats Stocks Ep. 268
      Summary: More weak economic data today sent the U.S. stock market to record highs; at least the Dow and the S&P hit new records. NASDAQ not quite, but very close.  The dollar hit a new low for the year.  The dollar index, settling in at 95.10, right on the low for the day.  That’s down […] The post Weak Data Sinks Dollar But Floats Stocks Ep. 268 appeare […]
    • Market Ringing Lots of Bells:Ep. 267
      Summary: There are market indicators of a major top as illustrated by the Blue Apron IPO, as it represents the failure of a very weak company attempting to raise money my means of an IPO when the market may have lost its steam. The stock is trading at $7.14, down from its initial $10/share offering. […] The post Market Ringing Lots of Bells:Ep. 267 appeared […]
    • Another Weak Jobs Report Portrayed as Strong – Ep. 266
      Summary: There wasn’t much of a market reaction to this Nonfarm Payroll report; the dollar index was only up .2% on the day. It closed up flat on the week. The Canadian dollar closed at a 10-month high against the dollar. Also bond prices continue to fall; this is a bad week if you own […] The post Another Weak Jobs Report Portrayed as Strong – Ep. 266 appea […]
    • What It Means To Be An American – Ep. 265
      Summary: One of the key differences between Americans and citizens of other countries is that in most nations of the world, individuals gradually won freedoms and privileges from a monarchy. In the U.S., however, we started with all of our rights.  Then, Americans created government by surrendering some of their power, empowering government.  These rights [… […]

Peter Schiff calls out NIA (National Inflation Association) as pump and dump scammers

Just recently on Peter Schiff’s radio show, Peter called out NIA (National Inflation Association) as a pump-and-dump scam and this has caused a bit of a controversy in the liberty movement.  NIA (which can be found at Inflation.us) puts out some great documentary videos and newsletters warning people about hyperinflation and promoting a lot of the same Austrian economics that Peter Schiff does.  However, a day or two after NIA puts out one of their newsletters or videos, they will typically send out some mining stock recommendations afterwards, preying on the libertarian folks who’d be interested in these types of investments.  These stock recommendations tend to be for illiquid, junior mining stocks and once the NIA newsletters go out, their trade volumes spike up the next day.  Schiff knows a bad mining stock when he sees one, and has claimed that the owners of NIA are getting paid to promote these speculative stocks in their pump and dump scam.  But what pisses Schiff off most is that they are using his rhetoric to defraud perfectly good people who are not savy stock market traders.  In addition, if anyone has heard of Jonathan Lebed (the 15 year old who was arrested by the SEC in 2000 after perfecting the dump and pump scam), I just discovered that he has been working with NIA on their newsletters and documentaries.  As a subscriber to both Peter Schiff and the NIA newsletters, I found this revelation quite eye-opening (despite some creeping suspicions about the NIA in the back of my head).  If any of you are also subscribers to NIA, let this be a forewarning about their stock advice.  It’s sad because the NIA has a lot of good information, but unfortunately their owners do not have the best moral character.

As of today, I’m removing NIA from my recommended links.

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