Peter's Blog

New Gold Study Shows Emerging Markets Bringing More Demand

The World Gold Council, a leading market development organization, released a study on global gold markets showing the retail investment market is “well positioned” for future growth. The study looked into four major markets: China, India, Germany, and the US and found healthy latent demand within every market. It also identified some interesting purchasing distinctions […]

Survey Shows Economists Lack Confidence in 2017 Rate Hikes

According to a recent Financial Times survey, a majority of top economists predict the Fed won’t be as aggressive on raising interest rates as it suggests. After last week’s rate hike announcement, the Fed’s own dot plot showed it had planned for three federal funds increases for 2017, according to MarketWatch. However, the majority of […]

Peter Schiff: 4 Economic Myths Surrounding the US Economy

Peter Schiff recently appeared on RT News and laid out how he sees gold prices and the US economy moving into 2017. Inflation vs. interest rates, the stock market bubble, and downturns in mortgage/auto financial markets were a few of the topics Peter provided insights and predictions about. He also dispelled four economic myths surrounding […]

Fed’s Faux Confidence Keeping Stock Bubble Afloat

In her rate hike announcement last week, Janet Yellen said the Fed was so confident in the health of the US economy that it was raising the Federal Funds rate by a paltry quarter point. Investors are on board, with a wave of irrational exuberance sending the Dow closer to its 20,000-point milestone. However, the […]

Fed Up Friday: How the Rate Hike May Impact US Economy

Unsurprisingly, the Fed decided to raise rates this week to a range between 0.5 -0.75%. Janet Yellen cited dropping unemployment as one of the primary reasons the FOMC green lit an increase. However, an economy so dependent on cheap money for so long may find it difficult going through the withdrawals of higher rates, especially […]

Rising Interest Rates Will Lower Stock Prices

As many expected, the Federal Reserve raised the benchmark interest rate to a range of 0.5% – 0.7%. During Janet Yellen’s announcement, she said rising employment rates among other measures have led to “considerable progress” for the economy, adding she and her FOMC colleagues expected the economy to “continue to perform well.” In response to […]

$5 Billion London Gold Exchange Market Getting Revamp

Competition among some major exchange groups is beginning around the London gold market, one of the world’s largest gold exchanges. The overall market is worth around $5 trillion and is expected to be hotly contested over the next 5 years as groups like CME Group Inc., Intercontinental Exchange Inc., and the London Metal Exchange fight […]

Trump’s Inherited Economy Is No Reagan Era

Peter Schiff’s recent podcast addresses the mistaken comparisons of Trump’s proposed economic stimulus plans to Reagan’s. Investors are looking for Trump to deliver the same results of economic stimulus, deregulation and smaller government are misreading the differences between the early 80s, post-Carter economy, and today’s realities. “There really isn’t any precedent between now and the […]

Peter Schiff: Make Our Money Great Again

The United States of America was founded on the principals of limited government and sound money.  Today we have neither.  The growth of the former has largely been a function of its ability to abolish the latter.  A dollar was original defined as a specific weight of gold or silver, and the Constitution limited the […]

Rickards and Paul on Trump’s ‘Cabinet’ Government and the Coming Recession

Economist and author Jim Rickards and former presidential contender Ron Paul appeared on RT television recently to discuss their 2017 economic and political predictions. Rickards laid out his idea of Trump’s administration forming a “cabinet government,” that might work to decentralize executive power, which has become more concentrated over the last 15 years. Paul looked […]