Peter's Blog

British Pouring Up to Half of Their Net-Worth Into Gold Post-Brexit

The Japanese economy is a mess. The Japanese are buying gold. The Chinese economy is a mess. The Chinese are buying gold. And the United Kingdom has been thrown into a sea of uncertainty in the wake of the Brexit vote. So what are the British people doing? Buying gold. According to a Reuters report, […]

New CPI Numbers Reveal Investment Window for Gold

The Bureau of Labor released its Consumer Price Index report last Friday, which showed an increase in all consumer items by 0.2 %. The CPI measures the change in price Americans pay for all goods and services. According to the Wall Street Journal, the latest numbers indicate that the “effects of low energy prices and a […]

Little Old Ladies in China Buying Gold

Little old Chinese ladies are buying gold. The South China Morning News (a Hong Kong paper) reported that mainland China imported five times more gold from Hong Kong in May. Recently released customs data showed imports from Hong Kong primarily grew due to cross border shipments to meet mainland customer demand. Many of those customers […]

Building a Ghost City Out of Helicopter Money

There has been a lot of talk about helicopter money lately. Last May, Janus Capital’s Bill Gross said structural changes currently occurring in the US economy will ultimately lead the Federal Reserve to adopt this extreme form of monetary policy. Last week, Federal Reserve Bank of Cleveland president Loretta Mester revealed helicopter money is indeed […]

Government Student Loan Policies Have Perverse Incentives

Millions of Americans are saddled with student loan payments. And that’s just considering those who can actually repay their debt. Data released in March revealed that 46% of student loans are not currently being repaid. But despite the squeeze student loan repayment puts on American budgets, few choose to refinance their debt at lower interest […]

Silver Up 44.7% in First Half of 2016

While investors have primarily focused on gold’s bull run, silver has quietly outperformed the yellow metal. Between Jan. 1 and July 11, the price of silver increased 44.7%, according to the Silver Institute. The price of gold increased 27.7% in that same time period. The Silver Institute said the surge in the price of silver […]

Japanese Turning to Gold as Their Economy Spirals into Central Bank Oblivion

The Japanese economy is sliding into oblivion pulled along by central bank policy. In response, the Japanese people are buying gold. Economic growth has languished in Japan for nearly two decades despite extraordinary monetary policy including negative interest rates and round after round of stimulus. The government even flirted with the idea of helicopter money, […]

As Bond Yields Plunge, More Mainstream Investors Jump on Gold Bandwagon

Over the last few months, a number of big-name, mainstream investors have said buy gold. Stanley Druckenmiller publicly advised investors to sell US stocks and buy gold. Legendary hedge fund manager Paul Singer said “it makes sense to own gold.” With Brexit now a reality, and bond yields slipping lower and lower, the gold bulls […]

“Real” Unemployment Rate Still Above Pre-Recession Levels

The June jobs report with its 287,000 new jobs lifted both spirits and markets drug down by the recent Brexit vote and other economic bad news. But the oft-reported numbers – jobs added and the unemployment rate – obscure the truth. In fact, the “real” unemployment rate remains above pre-recession levels. As Peter Schiff pointed […]

Trapped in a Loop of Central Banking Policy and Bad Decisions (Video)

In a recent episode of the Santilli Exchange, Pete Santilli talked with Hoover Institution Fellow Tim Kane about the June jobs report and the overall state of the US economy. Despite all of the giddiness about the recent jump in the number of jobs created, Kane said this jobs report wasn’t as positive as advertised: […]