Peter's Blog

SchiffGold Introduces Institutional and High Net-Worth Desk

Recognizing that large investments require tailored, individualized service, SchiffGold has developed a special desk for its institutional and high net-worth investors. The SchiffGold Institutional and High Net-Worth Desk provides discreet, personalized, one-on-one service for clients investing $250,000 or more. It also offers the type of heavily discounted pricing that high net worth and institutional investors […]

Negative Interest Rates Positively Driving Gold Demand

More than half the world’s sovereign debt now carries negative interest rates, and data keeps coming in confirming that it is driving demand for gold. A couple of weeks ago, CNBC reported central bank action appears to be rejuvenating gold in Europe, as the entrenchment of negative interest rates makes depositing cash in banks less […]

World Gold Council First Quarter Report a Bunch of Bull

The World Gold Council’s first quarter report is a bunch of bull. Or perhaps it would be more accurate to say it projects a very bullish outlook for gold. The report confirms what we already knew – gold got off to a glittering start in 2016 – and it predicts the rally will likely continue […]

Cash Limits Are All About Control Over You, But You Can Take Back the Power

JP Morgan Chase Bank just fired another salvo in the “war on cash.” The bank recently capped ATM withdrawals for non-Chase customers at $1,000 per day. The move came after the bank began installing new ATMs that dispense $100 bills. Some people were reportedly pulling tens of thousands of dollars out at one time, according […]

Silver Jewelry Sales Strong, Reflecting Broader Demand for the White Metal

The market for silver jewelry grew in 2015, mirroring an overall surge in demand for the white metal, according to a survey report released yesterday by the Silver Institute: Silver jewelry sales in the United States were solid in 2015 with 60% of jewelry retailers reporting increased sales, according to a survey conducted on behalf […]

Employment Numbers an April Snow Job

Donald Trump managed to shove his way into the spotlight again last week, claiming the US is heading for “a massive recession.” Unsurprisingly, the mainstream media scoffed at Trump’s assertion, pointing to the “great jobs report” that came out Friday. The report did show the US economy added some 215,000 jobs, slightly more than expected. […]

Peter Schiff’s Gold Giveaway Winners!

This is not an April Fools’ Day joke! These are the winners in Peter Schiff’s Gold Giveaway. Winners collected more than $4,500 worth of prizes, including gold coins, silver bars, and books signed by Peter Schiff. These lucky people were drawn at random from all of the entries submitted.

Russia on a Gold Buying Spree

The Russians have launched into a gold buying spree. Based on recently released International Monetary Fund numbers reported at Mining.com., the Russian central bank ranked as the world’s leading gold buyer in February, adding 356,000 ounces to its reserves: Last December, Russia announced plans to increase its gold reserves to $500 billion within the next […]

Central Bank Policy Sparking Gold Demand in Europe

When we talk about increasing gold demand, the focus tends to fall on Asia. Earlier this week, we reported surging investor demand for the yellow metal in China. The Japanese have also gone on a gold buying spree since that country’s central bank plunged interest rates into negative territory. But it isn’t just Asians who […]

New Tax-Free Gold & Silver Buying Guide & $10K Reporting Myth

You may have heard that you can’t purchase more than $10,000 worth of gold without it being reported to the IRS. This is a myth. You can avoid IRS reporting requirements, even on large-scale purchases. You just have to know the rules. Our brand new Guide to Tax-Free Gold and Silver Buying provides the information you need to […]