Peter's Blog

Peter Schiff: Enjoy the Calm Before the Storm

In his latest podcast, Peter Schiff said we are basically enjoying the calm before the storm right now. With the US missile strike in Syria, rumblings of a trade war and a generally weak dollar, gold briefly flirted with $1,365 last week. But the anticipation of Federal Reserve rate hikes continues to create strong headwinds […]

Turkish President Fires Another Shot in an Escalating War Against the Dollar

Turkey went on a gold-buying spree in 2017 and that trend continued in the first two months of 2018.  Turkish President Recep Tayyip Erdoğan likes gold and it’s pretty clear the president has been pushing Turkey’s central bank to buy gold and reduce foreign currency reserves in an effort to move away from dependence on […]

Ron Paul: Everything Is Subprime Thanks to the Federal Reserve (Video)

Ron Paul talked about bubbles during his Liberty Report last week, noting our articles on the subprime auto bubble, along with housing bubble 2.0. As Ron pointed out, it’s hard to keep up with all of the distortions in the marketplace thanks to a decade of Federal Reserve easy money. How do you cover all the bubbles? […]

Brits Go on a Gold Buying Spree

If reports from two major London gold dealers serve as any indication, a lot of Brits are buying gold. According to a report in Business Insider, Sharps Pixley reported a whopping 253% year-on-year increase in physical gold sales in March. Showroom sales last month came in at over $12.7 million compared to $3.6 million during the same […]

Expectations vs. Reality: SchiffGold Friday Gold Wrap 04.13.18

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: Zucked!

Facebook CEO Mark Zuckerberg experienced the big-boy version of getting called into the principal’s office this week. He spent about 10 hours testifying before Congress after news came out that a data firm accessed Facebook user information. The iconic image from the hearing was Zuckerberg perched on a booster cushion. He looked like Dennis the Menace […]

Silver Mine Output Drops for Second Straight Year; Industrial Demand Up

Global silver mine supply dropped for the second straight year as industrial demand rose for the first time since 2013, according to the World Silver Survey 2018 produced by the GFMS team at Thompson-Reuters and released by the Silver Institute this week.

Germans Showing Off Their Gold

The Germans are showing off their gold. The country ranks second in the world only to the US in official gold holdings. This week, the Bundesbank launched a six-month exhibition on gold showcasing its reserves along with the bank’s most interesting gold bars and coins. The official exhibit is part of a renewed emphasis on the […]

The Ace Up China’s Sleeve

Last week, Pres. Trump said US markets might have to endure some short-term pain if the trade war with China escalates. But never fear, in the long run, everything will be great! We have to do things that other people wouldn’t do. So, we may take a hit, but you know what, ultimately, we’re going […]

Your Optimism Can’t Trump Economic Reality

You can say, “Everything is great,” all you want. But if it isn’t, it isn’t. Pundits and politicians keep trying to talk up the economy. They might be able to keep optimism running high for a while, but at some point, expectations will run headfirst into economic reality. In his most recent podcast, Peter Schiff […]