Peter's Blog

Peter Schiff: The Dollar Is Tanking; Gold Is Soaring; Nobody Cares

The dollar continued to tank Wednesday, hitting a 3-year low after Treasury Secretary Steven Mnuchin said he welcomed a weakening dollar. The dollar index measuring the greenback against a basket of six major currencies slipped below 90 for the first time since December 2014. Meanwhile, gold climbed, hitting its highest level since August 2016. 

Cryptocurrencies Are No Substitute for Gold

The World Gold Council has weighed in on the cryptocurrency vs. gold debate. Unsurprisingly, the organization came down on the side of the yellow metal. But despite whatever bias you might perceive, the WGC report is certainly worth considering.

Peter Schiff: Trump Is Setting Himself Up as the Fall Guy (Video)

Peter Schiff recently appeared on InfoWars with Alex Jones and took on the notion that Pres. Trump is in the process of fixing the economy. In fact, Peter pushed back hard against Alex, saying we are on the verge of a crash and Trump is going to get the blame. I agree with you. The […]

Four Fundamental Roles of Gold in Your Portfolio

Why should you buy gold? A report published this week by the World Gold Council pinpoints four key reasons. Gold is a highly liquid yet scarce asset, and it is no one’s liability. It is bought as a luxury good as much as an investment. As such, gold can play four fundamental roles in a […]

State Efforts to Facilitate Ownership of Gold and Silver Ramp Back Up in 2018

Many state legislatures kick off their 2018 sessions this month and that means continuing efforts to facilitate gold and silver ownership at the state level. Bills introduced in Tennessee and Alabama would repeal state sales taxes on the sale of gold and silver bullion, and an Arizona bill would build on a foundation set last year […]

Blockchain May Become an Important Part of the Gold Market

There is a lot of talk about Bitcoin versus gold, but the blockchain technology that serves as the foundation for Bitcoin may become an important part of the gold market in the future. According to a Bloomberg report, the London Bullion Market Association (LMBA) plans to seek proposals including the use of blockchain to track […]

Peter Schiff: The Bond Yield that Could Break the Camel’s Back

Ten-year bond yields have hit their highest level since July 2014. Meanwhile, the stock market has gone up about 45%  since that time. Contrast that with earnings that have increased just 6%. As Peter Schiff pointed out in his most recent podcast, a lot of the justification for that increase in stock market valuation has been […]

Housing Bubble 2.0

We’ve written extensively about the stock market bubble blown up by artificially low interest rates and Federal Reserve quantitative easing. But stocks aren’t the only asset bubble out there. In fact, 2017 may go down as the year of the bubbles. And the new housing bubble is one that seems to be floating under the […]

Crypto Crash and a Rush to Gold: SchiffGold Friday Gold Wrap 01.19.18

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.

Fun on Friday: The Queen Hates Her Golden Ride

The queen is not pleased! Her golden carriage is uncomfortable.