Peter's Blog

Peter Schiff: A Category Five Economic Hurricane Is on the Horizon

Saturday, Sept. 15, was the 10th anniversary of the Lehman Brothers bankruptcy. Many people consider it the seminal event of the 2008 financial crisis. In his latest podcast, Peter Schiff said as we look back at the anniversary, we should realize that the next crisis is going to be worse. In fact, the next economic […]

Gold Could Help Us Find Space Aliens

Could gold help us find space aliens? It just might! NASA’s James Webb Space Telescope (JWST) is scheduled to launch into space in 2021. NASA claims the $10 billion telescope will allow scientists to “look back in time to see the very first galaxies that formed in the early Universe.” And thanks to its golden […]

Feds Set Monthly Spending Record: The Swamp Is Now Bigger and More Expensive than Ever

As Peter Schiff put it in a Facebook post, Trump promised to drain the swamp, but today, “The swamp is now bigger and more expensive than ever!” The US government spent a record $433.3 billion last month, running up a monthly deficit of $214 billion, according to data released by the US Treasury Department. That’s $433 BILLION […]

Report: China Will Drive Silver Market Forward

China will be a major player in the silver market in the years to come, according to a new report by the Silver Institute.  The Chinese impact on silver comes from both the demand and supply sides of the equation. China is by far the biggest silver consumer in the world. The Chinese account for […]

Jim Rogers: The Dollar Is on the Way Out

Investment guru Jim Rogers recently told RT that the dollar is just a few short years away from losing its global dominance. In the next few years, the American dollar is going to lose its position as the world’s reserve currency and the world’s medium of exchange.”

Dollar Worries Spur Central Banks to Buy Gold

For the last 10 years, central banks have been on a gold-buying spree. At least some of them have. On net, central banks globally added 193.3 tons of gold during the first half of 2018, according to World Gold Council data. That represents an 8% increase over 2017. The last time we saw this kind of […]

Silver on Sale! Silver-Gold Ratio Hits Highest Level in 27 Years

The silver-gold ratio has hit levels not seen in more than 25 years. The ratio pushed above 85 this week. To find a higher silver-gold ratio, you have to go all the way back to 1991. As Peter Schiff has said, “This is silver on sale.”

Peter Schiff: The Latest Jobs Report Was Anything but Strong

The August jobs report came out last Friday. Mike Maharrey offered a little bit of analysis during the Friday Gold Wrap podcast, saying he was skeptical that the actual employment situation is as great as the mainstream seems to think. Peter Schiff offered a more in-depth breakdown of the employment report in his latest podcast, […]

Gold in Tech: Gold Helps Reveal Defects in 3-D Printed Objects

3D printing is a rapidly evolving technology that could potentially change the world like the internet did. People are most familiar with 3-D printing due to the controversy surrounding 3D printed firearms. But the technology can be used to produce everything from tiny precision components to houses. Now gold has a role to play in […]

Peter Schiff: I Think This Is Going to Be the Perfect Storm for Gold

When the New York Times published an op-ed from a White House insider claiming there are people inside the Trump administration actively working to undermine the president, the markets shrugged it off. In fact, as Peter Schiff said in a recent interview on thestreet.com, the markets are shrugging pretty much everything off. Everything is bullish as […]