Peter's Blog

Survey: Nearly Half of Australians Have Never Considered Investing in Gold

Have you ever thought about owning gold? That may seem like a strange question. You’re probably thinking to yourself, “Why everybody has at least thought about investing in gold.” But that’s apparently not true – at least not in Australia.  According to a poll conducted by Australia’s leading gold bullion company, 45% of Australians have […]

Brexit Turmoil Pushes Price of Gold Up in Pounds

The price of gold in pounds spiked Monday as Brexit confusion and political instability sent Brits scampering into safe havens. Spot gold against the pound rose nearly 1% after Brexit Minister David Davis and British Foreign Minister Boris Johnson both resigned their posts in protest. Business Day described Brexit as a “ramshackle exit from the […]

Could Rising Margin Debt Be a Sign the Stock Market Bubble Is Close to Popping?

In another sign the stock market bubble could be near the popping point, investor margin debt hit a new record high, even has the Dow Jones has sold off around 2,500 points since highs earlier in the year. According to the Financial Industry Regulatory Authority (FINRA) margin debt hit $669 billion in May. That represented a […]

Peter Schiff: Could the Trade War Prick the Bubble Economy?

There was a lot of trade war talk at the end of last week. In fact, on Friday, some pundits said the trade war officially began. Last Thursday, President Trump said the US may ultimately impose tariffs on more than a half-trillion dollars’ worth of Chinese goods, and a round of tariffs went into effect. […]

Gold Flowed Out of North American ETFs Last Month; Global Holdings Up on the Year

European gold-back ETFs continued to add yellow metal in June, but globally, total holdings fell for the first time in nearly a year as gold flowed out of North American and Asian funds. Global gold-backed ETF holdings fell by 49.3 tons to 2,434 tons in June, according to the latest data released by the World […]

Gold and Silver Go High Tech: SchiffGold Friday Gold Wrap 07.06.18

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: The Trump Challenge Coin Outrage

Is it just me, or has modern American politics devolved into little more than petulant playground namecalling devoid of substance? I stumbled across this latest outrage as I was perusing the depths of the internet the other day – presidential “challenge coins.” Apparently, according to the mainstream pundits, President Donald Trump can’t even get a […]

Focus on Fundamentals: Demand for Gold and Silver in Tech Industries Expected to Grow

Technology will play a key role in driving precious metals demand in the coming years according to reports released this week by the World Gold Council and the Silver Institute. The World Gold Council Gold Investor report for July focused on the growing use of gold in technology. According to the report, over the past […]

Peter Schiff: We Should Change the Name of the Holiday to ‘Dependence Day’

In his latest podcast, Peter Schiff reflected on Independence Day. He said he loves the holiday because it’s uniquely American and it celebrates the sacrifices the founding generation made to bring forth a country conceived in liberty. But he said the Fourth of July also makes him a little sad because it reminds him of what […]

The Cryptocurrency Graveyard

It’s no secret that Bitcoin has tumbled since its meteoric rise late last year. After nearly touching the $20,000 mark, the cryptocurrency is trading at around $6,600 today. Other cryptocurrencies such as Litecoin, Ripple and Ethereum have also all shed big chunks of their value. But at least these cryptocurrencies are still alive and kicking. Hundreds […]