Peter's Blog

What’s Up With Precious Metals? It’s Your Dime Interview With Precious Metals Expert Chris Blasi

What’s going on in precious metals markets? Is a recession looming? If so, what does that mean for gold and silver? In this episode of It’s Your Dime, Mike Maharrey talks to precious metals and investment expert Chris Blasi about these questions and much more.

Nearly Half of S&P 500 Stocks in Bear Market

US stock markets took another nosedive last week. Analysts blame the selloff on fears that the arrest of a Chinese businesswoman could derail apparent progress in resolving the trade war between the US and China. But during an interview on RT America, Peter Schiff said that while the arrest of Meng Wanzhou might have sparked […]

Peter Schiff: Popping Bubbles Will Have Dire Political and Economic Consequences

Peter Schiff appeared on RT America Friday to talk about the big stock market selloff in the wake of the arrest of Meng Wanzhou, a Chinese businesswoman accused of violating US sanction laws. The markets reacted negatively, fearing the arrest could derail apparent progress in the trade war. Peter said Wanzhou’s arrest may have provided the […]

Americans Pile on More Debt; Outstanding Consumer Credit Approaching $4 Trillion

Americans continue to bury themselves in debt. US consumer credit rose by the largest amount in 11 months in October, as Americans piled on another $25.4 billion in debt, according to the latest consumer credit report by the Federal Reserve. Total consumer indebtedness is rapidly approaching $4 trillion, with Americans currently $3.96 trillion in the […]

What Do These Jobs Numbers Really Tell Us Anyway?

November’s jobs numbers came out Friday weaker than expected. Trump’s twitter feed was strangely silent on the jobs report. Generally, he likes to tout unemployment as an accomplishment, even though he poo-pooed the same numbers when he was campaigning against Obama. As Peter Schiff pointed out in his most recent podcast, the official numbers significantly understate […]

Poll Reveals Foreign Currency Traders Have Gone Bearish on the Dollar

A strong dollar in recent months has created the biggest headwinds for gold. But will dollar strength continue? Most foreign currency traders recently polled by Reuters don’t think so. Reuters surveyed more than 60 currency analysts and the consensus was that the dollar would be weaker against major currencies in a year. The exchange strategists say slowing economic […]

Fun on Friday: Kylie Jenner Gets Trounced in Christmas Tree Smackdown

Did you hear about Kylie Jenner’s gold Christmas tree? I didn’t either. Well, I guess I did. But not on purpose. I was doing my normal morning search for gold news when I stumbled on a few stories about the celeb’s tree. Apparently, people do follow this stuff on purpose, and Kylie’s trees are a […]

Trade War Tomfoolery: SchiffGold Friday Gold Wrap 12.07.18

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.

Gold Flows into ETFs for Second Straight Month; Global Holdings Up on the Year

Gold holdings in gold-backed ETFs rose for the second straight month and turned positive for the year in November. According to a report by the World Gold Council, 21.2 tons of gold, valued at about $804 million, flowed into ETFs last month. Total global holding rose to 2,365 tons. 

Peter Schiff: Look Beyond the Trade War (Video)

Peter Schiff appeared on RT Boom Bust earlier this week to talk about the trade war “truce” between the US and China. The announcement that there was some progress in resolving the trade war during the G20 summit boosted stock markets on Monday (the day this segment was aired), but that lasted all of one […]