Peter's Blog

Government Counterfeiting Squeezes Families, Not Capitalism

It’s all capitalisms fault! What is? Well, everything. At least that’s the narrative you get from the political left, and quite frankly, not infrequently from the political right.

Canary in the Coal Mine? Subprime Credit Card Delinquencies Spike in Q2

There are signs that the air may be coming out of the subprime credit card bubble. According to numbers recently released by Federal Reserve, delinquency rates on credit card balances at commercial banks other than the largest 100 rose to 6.2% in the second quarter of this year. These are credit cards issued by the […]

Peter Schiff: The Fed Is Going to Let the Inflation Genie Out of the Bottle

Friday was an active day in the markets. The S&P 500, the Russell 2000 and the Nasdaq all hit record highs. The Dow Jones didn’t quite crack into record territory, but it was up over 100 points. Meanwhile, the dollar fell and gold was up more than $20. In his latest podcast, Peter Schiff said […]

The Whole Thing Could Fall Apart at Any Time

We are well into the third quarter of 2018. In our perpetual fast-forward world, analysts are already looking toward Q4. What will the last quarter of the year bring? It’s virtually impossible to predict the short-term. Who knows what kind of political event, natural disaster or emerging trend will drive the markets over the next […]

The $64,000 Question: SchiffGold Friday Gold Wrap 08.24.18

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.

Fun on Friday: New Rolls Royce Silver Shadow Comes with Real Silver

How would you like to own a silver Rolls Royce? I mean literally silver. Now’s your chance. The classic luxury car company is rolling out a limited-edition commemorative Silver Ghost – with actual silver incorporated into the design.  As the AutoBlog put it, the four-door Rolls features judicious use of the precious metal.

Food for Gold Bulls: Three Reasons Gold Could Be Set to Rebound

Gold fell about 3% through the first half of August, dropping below the key $1,200 support level. But a report by the World Gold Council released this week lists three key fundamental and technical reasons the gold price may well rebound in the near future. An unusually short market Financial market uncertainty remains Natural buyers […]

Peter Schiff: The Fed Is Going to Have to Give

We are now officially in the longest bull market in US stock market history. Yesterday took out the record set in the 1990s. As Peter Schiff pointed out in his most recent podcast, the old record run ended in 2000. And we all know how badly it ended. It ended with a 50% collapse, an […]

Gold Mine Output in Key Countries Could Reach “Generational Lows”

Tuesday marked the 167th anniversary of the discovery of gold in Ballarat, Victoria, Australia. Since then, the Aussies have become the second largest gold producing country in the world. But analysts project gold output in the Land Down Under, along with several other key countries, could slump to “generational lows” in the midterm. 

German Foreign Minister Pushing for De-Dollarization of World Payment System

Over the last couple of years, we’ve been reporting on efforts to remove the US dollar from its throne as the world reserve currency. We’ve primarily seen moves toward de-dollarization from countries like China and Russia, and other nations within their orbits. It’s easy for Americans to dismiss efforts to undermine the dollar as desperate moves […]