Peter's Blog

This Is Your Brain on Dollars

The following article was written by Keith Weiner of Monetary Metals and recommended by our Precious Metals Specialists. Any views expressed do not necessarily reflect the views of Peter Schiff or SchiffGold. Lions, Tigers, and Gold Bears, Oh My! We can’t count how many articles we saw today, bemoaning gold going down. The price action […]

Gold Doesn’t Need Blind Faith, but the Dollar Does (Video)

In his podcast released yesterday evening, Peter Schiff explains why the price of gold plunged on Sunday night. More importantly, he reminds investors why gold is not a faith-based asset, like fiat money. He also reviews China’s relationship to gold, and compares the current market to the last time a bear market in gold ended. […]

How Socialism Destroyed Puerto Rico, and How Capitalism Can Save It

This article is written by Peter Schiff and originally published by Euro Pacific Capital. While Greece is now dominating the debt default stage, the real tragedy is playing out much closer to home, with the downward spiral of Puerto Rico. As in Greece, the Puerto Rican economy has been destroyed by its participation in an […]

Demand for Physical Gold and Silver Spikes In the Midst of Economic Uncertainty

Demand for physical gold and silver has surged over the past two months, with mints around the world reporting robust sales in the midst of the Greek crisis and warning signs in other economies. According to US Mint figures, the sale of 1-ounce American Gold Eagles more than quadrupled, jumping from just 13,500 coins sold […]

Markets Are Wrong Again: QE4 & Higher Gold on Horizon (Video)

Peter Schiff got into a heated debate on CNBC this afternoon when he explained why he thinks now is a good time to buy gold. The floor traders couldn’t wrap their heads around Peter’s suggestion that the Federal Reserve might launch a new round of quantitative easing in the next year. Instead, they insisted that […]

American Pension Systems Looking Increasingly Greek

Could America go the way of Greece? Most people don’t seem to think so. In fact, proposing that US policy could lead to a Greek-like meltdown will still elicit incredulous eye-rolls in most circles. But some of the structural problems that led Greece down her road to ruin already exist in the United States, especially […]

The Real Reason Greece Folded (Audio)

Peter Schiff shares his thoughts Greece’s capitulation and acceptance of a third bailout deal from Europe. He reviews some of the other options Greece might have had if it wasn’t run by a socialist government.

Janet Yellen’s Bluff Keeps the Media Fooled (Audio)

The financial media latched onto Janet Yellen’s latest statements as further proof that a rate hike will happen this year. Peter Schiff debunks this analysis in his latest podcast, pointing out that Yellen’s phrasing remains as ambiguous as ever. Peter also addresses the latest news out of Greece, where he expects the Greek government to […]

Gold Market Update: Lessons from Greek Drama

This article was submitted by Addison Quale, SchiffGold Precious Metals Specialist. Any views expressed are his own and do not necessarily reflect the views of Peter Schiff or SchiffGold. I hope this market update finds you well and enjoying summertime. The markets have certainly not lacked for drama this past week. Along with all the […]

Time to Invest in Plastic Pennies?

If I want 100 pennies, all I have to do is go to my local bank and plop down a $1 bill. But if I want plastic pennies, now that will cost me some real dough – $3.49 to be exact. Who would have thought there was money to be made in toy pennies? A […]