Peter's Blog

What Happened to Gold’s Safe-Haven Bid?

The US stock market continued its freefall last Friday. The Dow lost another 357 points to finish off the worst week since 2008. One would expect a safe-haven like gold to thrive in the midst of the massive stock selloff, but it had a bad day on Friday as well crashing through the $1,600 mark […]

Fun on Friday: Truly Awful Campaign Slogans

Well, it’s campaign season. I hate campaign season. And this current crop of Democratic hopefuls isn’t doing anything to change my feelings. These people are about as bland as a bag of sawdust. I mean, say what you will about Donald Trump; if nothing else he comes up with some pretty amusing quips. So, in […]

The Greatest Hearts of Gold

This week, we’ve given you the greatest gold quotes of all time and the greatest gold art of all time. How about wrapping up the week with the biggest gold hearts of all time? Continuing our series of contests with Roy Sebag, we gave away another one-ounce gold coin. For this contest, Roy asked folks […]

Is Coronavirus the Pin that Pricked the Bubble? SchiffGold Friday Gold Wrap Feb. 28, 2020

It’s been a wild ride on Wall Street this week — all downhill. Stocks entered correction territory Thursday and are on track for the worst week since the 2008 financial crisis. As Peter has put it, this stock market is a bubble looking for a pin. Is the coronavirus the pin? In this episode of […]

The Greatest Gold Art of All Time

People treasure gold and they have for millennia. As a result, the yellow metal has found its way into some of the world’s great literature. Yesterday, we shared with you some of the greatest gold quotes of all time, gleaned from a contest we ran with Roy Sebag. The winner walked away with a one-ounce […]

Peter Schiff: Gold Is Living Up to Its Reputation

As turmoil continues in the markets with stocks selling off due to continued fears over coronavirus and its potential economic impact, Peter Schiff says gold is doing exactly what it’s supposed to do — serving as a safe haven and a store of value.

The Greatest Gold Quotes of All Time

People have treasured gold for millennia. They’ve draped it over the bodies. They’ve used it as money. They’ve even adorned their tombs with the yellow metal. As beloved as it is, it should come as no surprise that gold has been the subject of many famous quotes. So, what are the greatest quotes featuring gold […]

Gold: The Most Unloved Bull Market Ever

Peter Schiff recently appeared on Fox Business Claman Countdown along with Stephen Guilfoyle and Luke Rahbari to talk about gold, bonds and coronavirus. Stocks have sold off two straight days as investors pile into safe-havens due to coronavirus fears. Yields on both 10-year and 30-year Treasuries fell to record lows this week. Gold has also […]

Subprime Credit Card Delinquencies Soar

Last week, we told you about the rising level of subprime auto loan delinquencies. Well, there is a similar thing happening in the subprime credit card market. Is this the proverbial canary in a coal mine?

Peter Schiff: The Real Safe-Haven Money Is Going Into Gold

Stock markets tanked on Monday. The Dow Jones was down over 1031 points. It was the biggest drop in two years for the Dow. The Nasdaq shed 355 points. The S&P500 was down 111. As stocks dropped, the bond market was red-hot. Prices soared and yields dipped to record lows. Bonds are considered a safe-haven, […]