Peter's Blog

All Global Prices Are Artificial Thanks to Central Banks (Video)

Jim Grant appeared on CNBC this morning with an explanation of the underlying reason why United States stocks just plummeted. His core message is that capitalism requires both success and failure. When central bank monetary policy corrupts pricing as thoroughly as it currently has, it ruins the market’s ability to withstand healthy business failures. Grant […]

Don’t Trade Gold – Hold It as an Insurance Policy (Video)

Marc Faber explained his gold investment philosophy to CNBC. Like Peter Schiff, Faber is a contrarian who doesn’t buy into the consensus view that the United States dollar is going to remain a strong currency. While the price of gold in Chinese yuan has risen steeply recently, Faber still believes it is a great time […]

The “Logic” Behind the War on Cash (Audio)

Earlier this year, we wrote about the latest developments in the international “war on cash.” Some central bankers have gone so far as to suggest that cash be eliminated entirely. In his latest podcast, Tom Woods and Charles Hugh Smith talk about why central authorities want to abolish cash and the role cash plays in […]

Doug Casey: Next Crisis Will Be Worse than 1930s (Video)

Investment adviser Doug Casey recently appeared on Reason TV to discuss the current state of the US economy. He did not paint a rosy picture, saying that things are “building up to a catastrophe of historic proportions.” Doug made some stark comparisons between the current situations in American and conditions leading up to crises in […]

The Next Silver Bull May Have Already Started

This article was written by Laurynas Vegys and originally published by Casey Research. Any views expressed do not necessarily reflect the views of Peter Schiff or SchiffGold. Silver is down 7.1% this year. Will this weakness persist? To find out, let’s look at the key factors in the silver market this year. Like gold, silver […]

Paper vs. Physical Gold: Basic Supply & Demand (Video)

Michael Lombardi of Profit Confidential calmly explains the difference between the paper price of gold and the physical price of gold. Paper gold contracts traded on the COMEX and other speculative markets can significantly influence the nominal price of gold from day to day, as we saw with the sharp downturn in the dollar price […]

Gold Is the Reciprocal of Paper Assets in a Time of Radical Monetary Experiments (Video)

Jim Grant joined Kitco News to share his thoughts on the gold market. Author of The Forgotten Depression and publisher of Grant’s Interest Rate Observer, Grant is one of the most reserved and staunch gold bulls in the financial media. Grant admits he is extremely frustrated with the gold market given the underlying fundamentals of […]

Gold Hasn’t Lost Any Value, the Dollar Has Just Strengthened (Video)

Jim Rickards appeared on Bloomberg to explain why gold hasn’t actually lost any real value. It’s just the strength of the dollar that has pushed down nearly all commodities and currencies. Rickards argues that now is a very good time to buy the yellow metal, especially if you’re looking for the safest way to preserve […]

China Is Laying the Groundwork for a Gold Standard Right Now (Video)

Ken Hoffman, Global Head of Metals & Mining Research with Bloomberg Intelligence, spoke with Kitco News about the possibility of China putting its yuan currency on a gold standard. Hoffman emphasized it is not difficult to imagine, because China has been laying the groundwork for years – buying up gold, starting a gold bank, building extra […]

Carl Icahn Warns of Stock Pullback, while Big Fund Manager Recommends Holding Gold (Video)

Carl Icahn made news this week when he sold his stake in Netflix. However, the bigger message Icahn shared with CNBC was that he thinks the United States stock market is “extremely overheated.” He warned investors that he sees similar problems as 2008: I personally do [think that the US equity market is in for […]