Peter's Blog

Gold Wins 2018 and Fatal Conceit: Friday Gold Wrap 1.4.19

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.

Silver News: Industrial Demand Remains Strong and Technological Innovations

Industrial demand for silver remains strong, particularly in electronic and electrical applications. The Silver Institute highlighted the growing use of silver in electronics along with a number of technological innovations utilizing the white metal in the latest edition of Silver News.

Global Debt at Record Levels

What happens when central banks push interest rates to zero – in some cases below zero – and hold them there for nearly a decade? You get debt. Lots and lots of debt. Record levels of debt, in fact.

Peter Schiff: The Bubble Has Popped; The Economy Is Next (Video)

After the worst Christmas Eve in the history of the stock market, the Santa Clause rally came late. Markets bounced back in the short trading week after Christmas. The Dow started with a 1,000-plus point gain, then dropped nearly 600 points the next day, before rallying late to close in the green. The rally had […]

Pending Home Sales Tank in November

Pending home sales hit the lowest level in nearly five years in November, a sign that the US housing market will continue to get uglier in the near future. Not too long ago, we reported that the air was starting to come out of housing bubble 2.0. As just one example, home sales in California hit […]

Nullification! It’s Your Dime Interview with Tenth Amendment Center Founder Michael Boldin

What can we do when the federal government exceeds its constitutional authority? Thomas Jefferson answered that question in 1798. He said, “nullification is the rightful remedy.” But what in the world is nullification? And how do you do it?

Fun on Friday: Government Shutdown Survival Guide

How are you weathering the great government shutdown of 2018? We’re in day seven now. It’s been tough here in Lexington. I’m pretty sure I saw some kid setting up an unauthorized lemonade stand. I’m not sure we will survive the plague that’s sure to follow without the FDA to put a lid on such things. 

Looking Back; Moving Ahead: Friday Gold Wrap 12.28.18

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.

What Did European Central Bank Quantitative Easing Accomplish? Not Much

We often criticize the Federal Reserve for its three rounds of quantitative easing. Coupled with artificially low interest rates, Fed QE stimulus — essentially money creation –pumped up all kinds of asset bubbles. Now that the US central bank is trying to tighten, we’re beginning to see the air seep out of those bubbles. But […]

Student Debt Bubble: 43% of Loans “In Distress”

Student loan debt has grown to over $1.5 trillion. And that just accounts for loans held by Federal Student Aid. It doesn’t include private loans. Meanwhile, the Department of Education says 43% of those government-backed loans are considered “in distress.” In a speech last month, Education Secretary Betsy DeVos put the current level of student […]