Peter's Blog

‘Shrinkflation’: The Prelude to True Inflation

The financial media regularly plays down reports of consumer price inflation that are much higher than the official numbers. Even worse, analysts generally argue that more inflation is needed for the health of the US economy. Pippa Malmgren, author of a new book, Signals: The Breakdown of the Social Contract and the Rise of Geopolitics, […]

American Workers: The Economy Is Terrible

The John J. Heldrich Center for Workforce Development at Rutgers University released its latest Work Trends report. The national survey found that Americans are extremely pessimistic about the state of the US economy in spite of the financial media’s claims that a strong economic recovery is underway. The report is titled “Unhappy, Worried and Pessimistic: Americans in […]

Prominent Voices Warning of Stock Market Bubble

Stocks continue to soar to record highs and the media breathlessly touts the economic recovery. But the Fed-fueled bull market for stocks can’t last forever. Some renowned experts are issuing ominous warnings: Nobel Prize-winning economist Robert Shiller says the stock market is looking very expensive. By his metric, stocks have only been at their current […]

Anniversary of Nixon Closing the Gold Window (Video)

Forty-three years ago today, President Nixon severed the last remaining shred of the gold standard when he suspended the ability of foreign banks to directly exchange the dollar for gold. Nixon promised his actions would be temporary, but this turned out to be an even bigger lie than his promise to end the Vietnam War. […]

Silver Demand to Increase by 20-Million Ounces by 2018

According to a new report released by the Silver Institute, the demand for silver is expected to exceed projected global GDP growth. Silver demand should grow by 5% per year from 2014 to 2016. Demand for industrial silver, which accounts for over 50% of global demand, will rise due to its use in three key […]

Exciting Advances in Silver Technology

The June edition of the Silver Institute’s Silver News is now available. This issue is full of news from the silver industry, highlighting some of the most interesting inventions and applications using silver today. Silver’s natural anti-microbial properties are being explored by industries around the world, ensuring demand for the white metal for many years […]

Diversify Your Bitcoin with Gold & Silver

In case you missed the news, SchiffGold is now the world’s first major gold dealer to accept bitcoin, the digital currency that has been called the biggest innovation since the internet. We’ve partnered with industry leader BitPay to securely process your bitcoin payments when buying gold and silver. Whether you choose to pay in dollars […]

This Month in Gold – May 2014

Huge Gold Refinery Under Construction in Dubai Reuters – One of the world’s largest gold refineries is being built by Kaloti Precious Metals in Dubai and is scheduled to be completed next year. The refinery will be three times the size of any other refinery in the United Arab Emirates, with a production capacity of […]

SchiffGold Now Accepts Bitcoin

We are excited to announce that through a new partnership with BitPay, we now accept bitcoin payments! We are the largest precious metals dealer in the world to do so. Speak with one of our Precious Metals Specialists today for more information. Read the full press release below. NEW YORK – BitPay, world leader in […]

This Month in Gold – April 2014

Deutsche Bank Resigns London Fix Seat Reuters – Deutsche Bank has resigned its seat on the London gold and silver fixes as part of a larger decision to end the majority of its commodities-related business. Deutsche Bank could find no buyer for its seat, perhaps due in part to a US lawsuit that accuses the […]