Peter's Blog

Canada-Mexico Trade War Already Over as Gold Hits Record Highs

Just like that, Trump’s trade war with Canada and Mexico has already ended (or at least been “paused”) before it even began. With gold hitting record new highs and the second Trump administration not even a month old, you can bet it won’t be the first “Trump Shock” to send waves through markets and media.

Instead of a Bitcoin Reserve, Trump Should Talk a Gold Standard

Bitcoiners are salivating at the idea of the Trump administration pumping their holdings by declaring a “Strategic Bitcoin Reserve” where the government pledges to hold onto its current stash or, in another version, start buying more bitcoin and using it to pay down the debt. 

Gold Gets Boost From Dollar Instability, Faltering Bond Prices

In recent months, the financial landscape has witnessed a notable shift in the relationship between bond yields and gold prices. As bond yields falter and economic uncertainties loom, gold is once again emerging as an asset of stability for investors seeking refuge from market volatility. This resurgence of interest in gold reflects a broader trend […]

Gold Rallies as December Inflation Prompts Unease

Gold futures soared on the back of yesterday’s December’s Consumer Price Index (CPI) data, climbing by $29.50 (1.10%) to settle at $2,722.60 for the most active February contract. The U.S. Bureau of Labor Statistics revealed that overall inflation rose 0.4% in December—exceeding November’s 0.3% pace and slightly above economists’ consensus of 0.3%. On an annual […]

States Move to Fortify Precious Metals Policies

Legislators in Virginia and Wyoming are taking steps to safeguard gold and silver ownership as part of a broader effort to help citizens preserve their wealth against a weakening dollar. In Virginia, House Bill 2336—introduced by Del. Amanda Batten (96-R)—would extend the state’s sales tax exemption on precious metals purchases until 2032. Currently, Virginia’s exemption […]

Trump’s Victory Leads to Gold Price Boom

As Trump’s tariff gambit reshapes the economic landscape, gold has emerged as an unexpected winner.

Paper Gold: Scams, Markets, and Reality

Gold futures, ETFs, and options are traded in enormous volumes that often dwarf the actual physical gold supply. These offer liquidity and allow investors to gain “exposure” to gold without taking possession of the metal…but do these financial products actually provide “exposure” to gold at all? Paper gold introduces distortions and opportunities for dishonesty that […]

Powell Says Bitcoin is “Just Like Gold.” Except It’s Not

Jerome Powell recently told reporters that Bitcoin is “like gold—only digital.”

Is Trump’s Victory Trouble for Gold?

Gold began dipping before the election on November 5th, and with Trump’s win, it has crashed even further. We know that Trump wants a strong US dollar, so does his victory spell trouble for the yellow metal?

Gold Pumps After Monster Rate Cut – And So Will Inflation

In the wake of the Fed’s juicy 50 bps interest rate cut, the dollar responded immediately by dropping against gold. With more rate cuts on the way, Israel’s war expanding rapidly, and inflation ready to rip higher, new record prices are on the way for the yellow metal.