Peter's Blog

US Headed to Recession in 2015

ADS Securities Chief Market Strategist Nour Eldeen Al-Hammoury explained to Bloomberg why he’s betting on the United States sliding back into recession in 2015. Just like Peter Schiff, he finds the GDP, factory orders, trade deficit, and other economic data points to be much more indicative of the true health of the economy than the […]

Look for Gold-Backed Currencies in Next 10 Years (Video)

Eric Sprott, the well-known billionaire asset manager, believes that investors need to buy gold and silver to protect themselves from the increasingly volatile currency markets. Last year, 84% of the world’s population would have made money owning gold. Sprott puts his money where his mouth is, claiming that 80% of his assets are in precious […]

Proof of the “Job-Sharing” Economy

In his new Gold Videocast, Peter Schiff explained how Obamacare has created a “job-sharing” economy that is skewing the government’s employment data. As he put it: Obamacare forces employers to provide insurance for full-time employees. As a result, employers are hiring more part-time workers than they normally would and that is substantially influencing these numbers… […]

The Real Money IQ Test (Video)

Jim Rickards, author of Currency Wars, describes a game he plays with audiences when he speaks about gold and paper money. He presents to them US dollars, Monopoly money, and a gold coin. Then he asks, “Which of these is not like the other?” Ivy League professors nearly always rationalize that the dollars are different, […]

Faber: I Buy Gold Every Month to Protect Against Central Bank Manipulation

RT asked Marc Faber why he invests in physical gold. Faber emphasized that nobody should put all of their assets into physical precious metals. However, if investors want to protect themselves from the volatile bubbles created by the Federal Reserve since the late 1990s, then gold and silver are essential assets. Precious metals are Faber’s […]

This Is the Way the Dollar Ends

Peter Schiff has always emphasized that gold is a long-term safe haven asset and not a means of making quick profits. Investors need to understand the big economic picture to grasp why gold such an essential asset. Perhaps the biggest picture is the rise and fall of global currencies throughout history. Jim Rickards, author of […]

On the Hunt for Germany’s Gold

Bloomberg has published a feature-length article about the history of the German gold repatriation movement partly led by Peter Boehringer. The piece is unusual for the mainstream American media in that it actively entertains the possibility that foreign gold stored in the New York Federal Reserve may not be the same gold originally deposited. Even […]

The Fed Tries and Fails to Debunk the Gold Standard

Last month, the Federal Reserve Bank of St. Louis published an essay that supposedly debunks the idea that a monetary gold standard can stabilize and improve economies. The piece is blatant propaganda that returns to the same excuse central bankers always use to discredit the gold standard. Namely, that tying a currency to gold prevents […]

Lessons from the Russian Ruble Crash

Casey Research published an article by Russian coin dealer Dmitriy Balkovskiy that provides fascinating insight into the lives of average Russians suffering from the crash of their ruble currency. He reveals that while the Russian central bank has been adding literally tons of gold to its reserves, the Russian people are not so enthusiastic about […]

There’s Not a Single Free Market Left in the World (Video)

Greg Hunter of USAWatchdog spoke with Michael Pento, author of The Coming Bond Market Collapse. Pento agrees with Peter Schiff on the fundamental problems with the global economy. Central banks and irresponsible politicians have loaded governments with unsustainable levels of sovereign debt. The endgame is an inevitable financial crisis of epic proportions. Pento’s analysis is […]