Peter's Blog

Peter Schiff: Gold Is Going to Shine in 2019 (Video)

Peter Schiff has said it’s not that we have a “volatile” economy right now. We have a bubble economy, and we are at the beginning of a much bigger crisis than we went through in 2008. Peter continued with this theme on a recent appearance on Kitco News with Daniela Cambone noting that things are setting […]

Paul Krugman Proclaims “Gold Is Dead!” Says Even Bitcoin Has More Utility

Paul Krugman said gold is dead. In fact, “Bitcoin has more utility than gold,” according to the popular lefty economist. Krugman made the comments at ChainXChange, a blockchain artificial intelligence and innovation conference in Las Vegas.

Gold Price Action Observations and a Look Ahead

This article was written by Joel Bauman, SchiffGold Senior Precious Metals Specialist. Any views expressed are his own and do not necessarily reflect the views of Peter Schiff or SchiffGold.  The article focuses on the gold market through the lens of technical analysis. Technical analysis is a subjective form of study based on historical price patterns. The […]

What Do You Mean “No Inflation?”

When the Fed launched its aggressive monetary policy in the wake of the 2008 financial crisis, many free-market economists predicted it would result in massive price inflation. That never materialized. As a result, Keynesian economists like Paul Krugman love to finger-point and mock those who criticize easy money policies designed to “stimulate aggregate demand.” They […]

Digital Fools Gold – Bitcoin’s Sustainability in Question

Recently, Jamie Diamond of Citibank made headlines by labeling Bitcoin a fraud. Whether those comments played any part in Bitcoin’s recent sell off is hard to say, but the true believers reacted with predictable outrage given that the comments came from the ultimate Wall Street insider whose financial supremacy is supposedly threatened by crypto currencies […]

Trump’s China-Sanctions Madness Imperils the Dollar

Earlier this month, US Treasury Secretary Steven Mnuchin threatened China, saying the US would “put additional sanctions on them and prevent them from accessing the US and international dollar system” if they don’t go along with the most recent round of sanctions slapped on North Korea. We argued that the threat may be meaningful, but it also might […]

What is an Economic Bubble?

Economic bubbles are an important concept for any investor to grasp because they result in drastic price corrections of a commodity, security, bond, etc. Recent examples include the Dot-Com bubble of the 1990’s or the Housing Bubble of 2008, which kicked off the Great Recession. But what are economic bubbles and why do they form […]

Trump’s First 100 Days: A Gold Price Retrospective

With Trump’s first 100 days in office coming tomorrow, the mainstream media is abuzz with proclamations of failure. In terms of real numbers, the first 100 days of any president represents around 7% of their overall term. Some are questioning whether it’s fair to judge a new president from such a small sample. Trump himself […]

Don’t Weigh Bitcoin’s Price Against Gold’s

On Thursday Bitcoin gained parity with gold for the first time, only to surpass it shortly after. The cryptocurrency reached a high of $1281.21 by 1 p.m. EST on the BTCUSD exchange, according to MarketWatch. The mainstream media is likely to hype the story, inspiring many to sing the praises of Bitcoin as a better […]

Voters Should Blame the Fed for Trump’s Rise to Power

Peter Schiff recently appeared on CNBC’s “Future’s Now” letting millions of American voters know that if they’re frustrated with Trump, they should blame the Federal Reserve. “If the economy was in good shape, not only would he have not been elected, he wouldn’t have been the Republican nominee.”