Peter's Blog

European Investors Lead the Way as Gold Continues to Flow into ETFs

After a somewhat tepid October, gold inflows into ETFs picked up again in November, driven primarily by investors in Europe. Global gold-backed ETFs increased their holdings by 9.1 tons last month, according to the latest data released by the World Gold Council. This continues a streak of monthly gains. In October, inflows came in at […]

Just How Dangerous Is Trump’s Latest Fed Board of Governors Pick?

Last week, Pres. Donald Trump nominated Marvin Goodfriend to fill a vacancy on the Federal Reserve Board of Governors. When we reported the news, we called him “another swamp creature” – a member of the Washington D.C./Wall Street clan Trump promised to drain away. We’re not alone in our thinking. In an article on the Mises […]

Demand for Gold in Technology Sector Expected to Rise

We think of platinum and palladium as the “industrial metals,” but in 2016, there was more gold used in industrial applications than either of these two metals. According to a report released by the World Gold Council, demand for gold in electronics has been growing since the fourth quarter of 2016. On top of that, […]

Ron Paul: I Believe We Are in the Early Stages of the Third Gold Bull Market (Video)

To date, gold is up nearly 10% in 2017, but as Ron Paul pointed out in his recent Market Update video, most people aren’t paying much attention. Why not? Because a lot of other things such as the stock market and cryptocurrencies are going up faster. Nevertheless, Paul thinks there are good reasons to believe […]

Russia Is Buying Gold, Stability and Economic Independence

Russia’s gold holdings have topped 1,800 tons. To put that into perspective, between 2000 and 2007, the Russian central bank held just 400 tons of gold. At that point, the country launched an aggressive gold acquisition program. In October of this year alone, the Bank of Russia bought 21.8 tons of gold. At 1,801 tons, the yellow […]

More Swamp Creatures at the Fed: SchiffGold Friday Gold Wrap 12.1.17

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: Cursed Gold!

Would you open up a box of cursed gold? Some archeologists in Germany decided it would be a good idea. 

Trump Picks Another Swamp Creature for Fed

Pres. Donald Trump has nominated another swamp creature to sit on the Federal Reserve board of governors. Marvin Goodfriend does not come from the ranks of politicians. He’s an academic – an economics professor at Carnegie Mellon University. But he’s perfectly suited for the role of central planner. He fits right in with the other […]

Metals Expert: Gold Breakout on the Horizon

Since pushing above $1,300 in late August and then falling back below that level again in September, gold has been trading within a very narrow range and volatility in the market has remained low. But during an interview on CNBC Futures Now, metals expert Michael Dudas of Vertical Research said he sees a breakout on the horizon.

Which Snowflake Will Trigger the Financial Avalanche?

Loose monetary policy has dumped billions of dollars of easy money into the world’s financial systems over the last eight years, pumping up a whole slew of bubbles. We are still on the upside of the business cycle, with stock markets hitting record levels it seems like on a daily basis. But if history serves […]