Peter's Blog

Russian Alternative to SWIFT Dollar System Growing; Could Expand to Other Countries

The Russians have an alternative money transfer system up and running, and according to a report in RT, it has now surpassed SWIFT in popularity in that country. This is part of a broader effort by countries like Russia and China to limit their dependence on the US dollar and set up alternative financial channels outside of […]

Mene Jewelry: Turning Fiat Money into Real Money (Schiff Report Video)

For centuries, gold jewelry was not only something beautiful to wear, it was also a store of wealth and value. But the 14-karat gold jewelry found in your local store isn’t the best option for investment. Now there is an alternative for people who want to own beautiful jewelry that will also serve as a store […]

Silver News: Bionic Eye Breakthrough and Other Technological Innovations

A functioning bionic eye is closer to reality thanks to silver. The Silver Institute highlighted this amazing medical breakthrough along with other technological innovations utilizing the white metal in the latest edition of Silver News. 

Peter Schiff: Jobs Are Another Bubble About to Burst

October jobs numbers came out on Friday and everybody was all giddy about healthy growth. But in his most recent podcast, Peter Schiff said jobs are just another bubble about to burst.

Gold Demand in Tech and Industry Up for Eighth Straight Quarter

Demand for gold in technology and industrial sectors grew for the eighth consecutive quarter in Q3, according to the World Gold Council Global Demand Trends Q3 report. Overall, gold used in technological applications grew 1% to 85.3 tons in the third quarter. That marked the eighth consecutive quarter of year-on-year growth. Strong demand in the […]

Another Ugly Day on Wall Street; Is the Air Coming Out of the Bubble?

Wednesday was another ugly day on Wall Street. Stocks tanked, wiping out gains for the year in both the Dow Jones and S&P 500 Index. The Dow fell 608 points and the S&P 500 shed 3%. The Nasdaq plunged 329 points and lapsed into a correction territory. It was the largest daily decline on Wall […]

Nearly 40% of S&P 500 Stocks Already in Bear Territory

Peter Schiff has mentioned before that about 25% of the stocks listed on the S&P 500 have already slipped into bear market status. A recent article published by ZeroHedge confirmed what Peter said, and further indicated that a big chunk of the stocks in the index appears to be in trouble.

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 […]