Peter's Blog

Q1 GDP at 0% Growth – When Will the Markets Wake Up? (Audio)

The US markets are closed today, but the March jobs numbers were release this morning — 126,000 non-farm payroll jobs were created last month. The forecast was for 245,000 new jobs, so this is a terrible report that falls nearly 50% short of expectations. Taking into account all the economic data thus far in 2015, […]

Mineable Gold May Be Gone in 20 Years

A new report from Goldman Sachs warns that mineable reserves of rare commodities like gold may dwindle to extreme scarcity within two decades. This means that easily-mined gold is getting harder and harder to find. With less gold being pulled out of the earth, less gold is being refined and produced for consumers. In fact, […]

This Month in Gold – March 2015

Gold Prices Could Skyrocket as Asian Demand Increases Bloomberg – Australia & New Zealand Banking Group Ltd. published a report predicting that gold demand in Asia will double by 2030. The price of gold could increase to up to $2,400 in the same time frame to keep up with demand. As incomes in India and […]

France Leads the Way in the “War on Cash”

In a stunningly despotic move, France has launched severe new restrictions on cash transactions. After September 2015, French residents cannot make cash payments of more than 1,000 euros, down from the current limit of 3,000. Foreign visitors’ cash payments will be capped at 10,000 euros rather than 15,000. Not only that, but any bank withdrawal […]

Government & Economy Are American’s Biggest Problems

For the fourth month in a row, Gallup found that Americans named the government as the biggest problem in the United States. Jobs and the economy tied for the second-most worrisome problems. Together, these three issues are the top concerns for almost 40% of Americans. Though issues such as terrorism, healthcare, race relations and immigration […]

History Is on the Side of Gold, Not Stocks

In a short article for Casey Research, Jeff Clark observes that the gold price has declined for eight consecutive days for the first time since 2009. However, investors shouldn’t worry too much. As the chart below shows, gold prices often cycle through a low point in March before picking up again. Since 1975, March has […]

Poor Wages = Poor Economy; Fed’s Evans Expects It to Get Worse

Mainstream analysts continue to tout an economic recovery based upon new jobs, but are now starting to worry about stagnant wage growth. One popular excuse for this is “pent-up wage deflation.” The argument goes that since businesses didn’t cut wages during the financial crisis, they are now refraining from raising them. A new op-ed in […]

3D Silver Circuit Printing for Consumers and More Silver News

Explore the latest exciting developments in the silver industry with the February edition of Silver News. Its front-page story covers how silver nanowires are being explored as an alternative to widely-used indium tin-oxide. Once testing is complete, silver could become even more essential to the manufacturing of touch-screens, plasma televisions, and other common electronics. Perhaps […]

This Month in Gold – February 2015

Chinese Gold Demand Outpaces World Production Forbes – More than 315 metric tons of gold were withdrawn from the Shanghai Gold Exchange from the beginning of January to mid-February. During the same period, only 300 tons were newly-mined around the globe. The gold demand came in preparation for the Chinese New Year, the country’s biggest […]

Precious Metals Manipulation & Physical Investment

The US Justice Department has begun to investigate whether 10 of the world’s largest banks have manipulated gold and silver prices. The Justice Department is just the latest in a series of financial regulators to investigate possibilities of precious metals manipulation, including the UK Financial Conduct Authority, Germany’s BaFin, and Switzerland’s competition commission WEKO. On […]