Peter's Blog

Trusting the Fed: Will the White Knight Save the Day?

As we reported last week, investors are in an era of “irrational exuberance.” The US stock market is at all-time highs. Meanwhile, market volatility is at lows not seen since the 1990s. In an odd juxtaposition of seemingly contradictory points of view, investors realize the market is overvalued, but at the same time, they believe it […]

Tax Cuts Without the Reform

Last week, the House passed its version of “tax reform,” along party lines. The final vote came in at 227-205, with the entire Democratic caucus opposing the bill. Thirteen Republicans joined the Democrats in voting no. The debate now shifts to the Senate where things will likely become more contentious. Wisconsin Republican Sen. Ron Johnson has […]

Platinum Shortage on the Horizon

There’s a significant platinum shortage on the horizon according to an industry report. According to a quarterly report released by the World Platinum Investment Council, a resurgence in demand for platinum jewelry, increasing industrial demand, along with falling production, will lead to a shortfall of 275,000 ounces in 2018.

Peter Schiff: The Fed Is Behind the Curve; Financial Conditions at Loosest Level Since 1994

According to data compiled by the Chicago Fed, financial conditions have reached the loosest level in the US since January 1994. This despite Federal Reserve tightening over the last year. On Nov. 10, the Chicago Fed National Financial Conditions index hit -0.93. As Peter Schiff pointed out in his most recent podcast, that was early […]

Geopolitical Risk: The New Normal

Over the last year, we’ve talked a lot about geopolitical risk. Could turmoil around the world now be the new normal? Some analysts think so.

It’s a Bubble and Everybody Knows It: SchiffGold Friday Gold Wrap 11.17.17

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: Louis Vuitton Handbags Murdered to Make Gold Toilet

At SchiffGold, we pride ourselves on being a full-service precious metals dealer, and my Fun on Friday column is no exception. I want to make sure I’m providing you all the information you need. So, do you remember the previous Fun on Friday post when I told you how you can turn your next dinner party […]

Is a December Rate Hike Necessarily Bad News for Gold?

Conventional wisdom holds that an interest rate hike in December will be bad for gold. But will it? There is actually evidence the opposite could be true.

Another Step Forward for Sound Money: Location Picked for Texas Gold Depository

The Texas Bullion Depository took a step closer becoming operational earlier this month when officials announced the location of the new facility. The creation of a state bullion depository in Texas represents a power shift away from the federal government to the state, and it provides a blueprint that could ultimately end the Federal Reserve’s […]

Thompson Reuters GFMS Outlook: Gold Above $1,400 in 2018

Analysts at Thomson Reuters expect the price of gold to push back over $1,300 and then continue to rise above $1,400 through next year, primarily driven by overvalued stock markets, according to the GFMS Gold Survey 2017 Q3 Update and Outlook.