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What’s Holding Gold Back?
By Peter Schiff Gold first broke $1,200 on December 2, 2009; nine months later, instead of witnessing the birth of the full-on gold boom I have long anticipated, the yellow metal has gained a modest 4%. Fortunately, it has spent the summer solidly above $1,150, which should put to rest the claim that we are […]
The Golden Decade
By Peter Schiff As gold hovers near $1,200 an ounce and pundits speculate about a ‘gold bubble’, it’s important for investors to remember that a mere decade ago the picture was very different. In the year 2000, gold sat at an unimpressive annual average of $279 an ounce – a two-decade low. At that time, […]
Follow the Money
The following article was written by Mary Anne and Pamela Aden for the August 2010 edition of Peter Schiff’s Gold Letter. Gold has been rising steadily for the past decade. In recent years, the rise has gained momentum, in large part thanks to the world’s central banks. “Follow the money” is a secret that smart […]