Peter's Blog

Gold in Tech: Gold Helps Repair Damaged Muscles

Scientists continue to find new uses for gold, particularly in the medical field. In the latest development, scientists have discovered a process using gold nanoparticles that helps reduce inflammation and speeds healing in damaged muscles

Jerome Powell Is Trump’s Scapegoat

Federal Reserve Chairman Jerome Powell has become Pres. Donald Trump’s favorite scapegoat. As “his” stock market gets more and more volatile, Trump needs somebody to blame — especially during election season. The Fed chair makes the perfect target.

Peter Schiff: The US Government Needs to Get Out of the Way (Video)

As we reported last week, China is dumping US debt. China’s holdings of US Treasuries fell for the third consecutive month in August. The Chinese shed another $6 billion in US debt, dropping its total holdings to $1.165 trillion. Over the last year, China’s holdings of Treasury bonds fell by $37 billion year-on-year. But China has […]

Government Debt Retards Economic Growth

In fiscal 2018,  the national debt expanded by more than $1 trillion. According to data released by the Treasury Department, it was the sixth-largest fiscal-year debt increase in the history of the United States. A combination of increased spending along with shrinking revenues continues to expand the federal deficit and balloon the national debt. GOP apologists insist […]

Peter Schiff: If You Don’t Know You’re in a Bubble, You Don’t See the Pins

Earlier this month, Peter Schiff wondered out loud if the twin deficits of government budget and trade could spark an October surprise. The month isn’t over yet, but it certainly hasn’t been a good one for stock markets. The Dow is down 3.8% in October. And it’s the best performing of the stock indexes. The […]

Savings – Not Tariffs – Will Make America Great Again

In a podcast earlier this month, Peter Schiff talked about the “twin deficits” of national debt and trade. We’ve talked a lot about the federal debt spiral, and there has even been some discussion about it in the mainstream. But almost nobody is paying attention to the growing trade deficit. Peter is an exception. When […]

Fun on Friday: Gold You Can Throw Through Your TV

Video games have come a long way. Amazing graphics. Multiplayer options online. Gold controllers. Yes. You read that right. Gold controllers.

I Ain’t Got a Crystal Ball: SchiffGold Friday Gold Wrap 10.19.18

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.

Peter Schiff Debates a Socialist (Video)

The US federal government posted the largest budget deficit since 2012 in fiscal 2018.  Uncle Sam ended 2018 $779 billion in the red, adding to the ballooning national debt. The Bipartisan Policy Center called the Treasury report a “wakeup call,” noting that trillion dollar deficits during an economic expansion are a serious issue. But not everybody […]

Fake Accounting Creates Fake News

On Tuesday, US stock markets rallied. The Dow was up over 500 points. That led a lot of people to conclude that the recent declines were just a correction. But as Peter Schiff pointed out in his most recent podcast, bear markets have rallies. Just because the market goes up a few days doesn’t mean […]