Peter's Blog

Billionaire Buys Gold for the First Time

Billionaire Sam Zell said he recently took the plunge and bought gold. “For the first time in my life, I bought gold because it is a good hedge,” Zell said during an interview on Bloomberg TV.

Fun on Friday: Trump Grounds Nancy Pelosi

Did you hear what President Trump did to Speaker of the House Nancy Pelosi? He grounded her airplane — 40 minutes before she was supposed to take off on a big excursion. Whether you love Trump or hate him, you have to admit he’s the greatest troll to ever occupy the Oval Office.

To All You Scoffers: Friday Gold Wrap 01.18.19

The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week’s precious metals news coupled with thoughtful analysis. You can subscribe to the podcast on iTunes.

Tom Woods and Joseph Salerno Discuss Economist and Political Philosopher F.A. Hayek (Audio)

If you have studied economics at all, or if you are interested in conservative/libertarian political philosophy, you have probably heard of F.A. Hayek. Hayek won the Nobel Prize in 1974 and wrote prolifically on both economic and non-economic topics. He’s probably best known for his book “A Road to Serfdom.” Tom Woods recently interviewed economist Joseph Salerno about […]

Jim Grant: We Live in a Most Extraordinary Moment of Monetary Manipulation (Video)

The Federal Reserve bases its monetary policy decisions on where it thinks the economy is heading. The $64,000 question is how does it know? Or to put it another way, what makes us think a panel made up of a few economists and policy wonks can accurately predict the future and then make the “right” […]

Peter Schiff: The Eye of the Financial Hurricane

Stock markets appear to have stabilized after a “December to remember.” But in his most recent podcast, Peter Schiff said we’re really just in the eye of a financial hurricane. The selloff began after the September Fed rate hike. At the time, Peter called it the hike that broke the camel’s back. The market plunged in […]

Troubling Signs for Uncle Sam as Demand for US Treasuries Sags

Last February, we asked the question: who will buy all of this US debt? With the demand for US Treasuries dropping precipitously as the US Treasury floods the market with paper, it’s time to revisit that question.

Brits Deal With Brexit Uncertainty By Hoarding Gold

As uncertainty swirls around Brexit and exactly what that will mean for the economy, Brits have been hoarding gold. According to a statement by The Royal Mint, the demand for gold bars and gold coins spiked in December as uncertainty about the UK’s exit from the EU grew. We have seen a significant increase in demand […]

Exploding US Debt “The Most Viable Threat” to the Economy

Tocqueville Management Corp. chairman John Hathaway says the growing US government debt to GDP ratio poses “the most viable threat” to the US economy. In his fourth-quarter investment letter, Hathaway said the ballooning US debt, coupled with a bear market and a recession, will likely weaken the dollar and send gold much higher in the near future.

Build That Wall? It’s Your Dime Interview With Journalist Ryan Girdusky

Immigration policy is one of the biggest issues facing America right now. It’s also one of the most contentious. Should the US build a wall along the Mexican border? Are there other immigration policy reforms the US should consider? And why does it even matter? Mike Maharrey explores the immigration issue with journalist Ryan Girdusky […]