Peter's Blog

Busting a Myth: Gold Makes Boom-Bust Cycles Worse

Some people claim gold isn’t “sound” money any more than dollars or euros. They argue that the gold supply can be inflated just like a fiat currency. After all, gold is constantly being pulled out of the ground, right? They say a gold standard actually makes the boom-bust cycle worse. But commentators who make this […]

Money Printing Does Not Do an Economy Good

The following article was written by Peter Schmidt. Any views expressed are his own and do not necessarily reflect the views of Peter Schiff or SchiffGold.  When Nixon closed the gold window in August 1971, the US found itself in exactly the same economic circumstances as Britain had in September 1931 when she reneged on her gold […]

Three Reasons Gold Will Rise from Its Slumber

The price of gold has languished in recent weeks. After falling below $1,300 in May, the yellow metal has hit 2018 lows this month. Dollar strength along with the anticipation of further Federal Reserve rate hikes have bolstered the dollar and weighed on gold. Peter Schiff has been saying this dollar strength is merely an upward […]

Trump’s First 18 Months: The Good the Bad and the Ugly

Dan Kurz runs the DK Analytics website where he posts detailed breakdowns of complex economic issues. We recently interviewed Dan as part of our It’s Your Dime Series.  In his most recent post, Dan used his analytical skills to break down the first 18 months of the Trump administration. Dan finds a little good, a […]

Which Countries Produce the Most Gold?

Global mine production fell slightly in 2017, the first drop in mine output since 2008. In fact, gold production has generally increased every year since the 1970s. The drop in 2008 was something of an anomaly, as it occurred at the onset of the 2008 financial crisis. The recent slowdown in mine production is more […]

IRS Building Walls to Keep Americans In

There has been a tremendous amount of debate about building walls to stop illegal immigration. But the IRS is building walls to keep Americans in. The US government is cracking down on Americans with outstanding tax bills by revoking passports. 

Gold in Tech: Gold Nanoparticles Could Boost Solar Energy Storage

Rutgers University-New Brunswick researchers have developed a star-shaped gold nanoparticle that could open the door to improving storage of solar energy. According to scientists at the university, the nanoparticle coated with a semiconductor can produce hydrogen from water over four times more efficiently than other methods. The development could boost solar energy use and possibly […]

What Does the Student Loan Mess Tell Us About the Economy? SchiffGold Friday Gold Wrap 07.13.18

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.

Fun on Friday the 13th: Today Could Be Your Lucky Day If You Play It Right

It’s Friday the 13th. Are you scared? Well, I ain’t skeert!

South Africa Gold Output Down 16% in May; Eighth Straight Month of Decline

South African gold output saw its biggest drop in over a year in May, falling 16.2% year-on-year. This is another sign that the one-time world leader in gold production could be running out of the yellow metal. May’s decline came on the heels of a 5.8% drop in production in April. It was the eighth […]