Peter's Blog

Marc Faber: Precious Metals the Only Currency in the World That Will Appreciate (Video)

Dr. Doom says there is only one currency that will appreciate over time – precious metals. Marc Faber recently appeared on RT’s Sophie Co. to talk about the world economy and what lies ahead. Currencies became a major focus of the discussion, with Faber arguing cash has historically been a bad investment because all paper […]

News Flash: Gold Mining CEO Predicts Shrinking Gold Supply

The CEO of one of the world’s largest gold mining companies says he expects gold supply to shrink over the next five years. Gary Goldberg heads Newmont Mining. The company operates gold mines on five continents and employees more than 16,000 people. In an interview with Mining.com, Goldberg said he sees gold supply contracting in […]

Peter Schiff: Alien Invasion More Likely than July Rate Hike and That’s Good for Gold (Audio)

All eyes have turned toward Great Britain with the Brexit vote looming this week. A lot of people are speculating about what Britain’s potential exit from the EU means for gold. Peter Schiff says in the long-run, it doesn’t really matter. In his most recent podcast, Peter said he thinks gold will go up no […]

Jim Grant: The Horse of Speculation Is Ahead of the Cart of Enterprise (Video)

Peter Schiff has said that the Federal Reserve created a phony wealth effect by pumping up stocks and other asset markets. In fact, analysis proves Peter’s contention, showing that 93% of the entire stock market move since 2008 was caused by Federal Reserve policy. In a recent appearance on CNBC’s Closing Bell, Jim Grant made […]

Peter Schiff: When Are People Going to Wake Up? We’ve Run Out of Road (Video)

In the years leading up to the Great Recession of 2008, Peter Schiff warned it was coming. Nobody listened. Today, the same people are ignoring the signs that an even bigger crisis is on the horizon. Peter Schiff appeared on InfoWars recently and asked a very important question: when are people going to wake up? […]

Wall Street’s Bond King Calls US Central Bank the “Zombie Fed”

Wall Street’s “bond king” said investors have lost faith in central banks, and called the Federal Reserve the “Zombie Fed.” Jeffrey Gundlach made the comments in an interview with Reuters after safe-haven German Bund yields fell below zero on for the first time and global equity markets continued a precipitous slide: Central banks are losing […]

June FMOC Meeting Is Going to Be a Dud (Audio)

The Federal Reserve kicks off its Federal Open Market Committee meeting Tuesday. Just a couple of weeks ago, it was a foregone conclusion that the Fed would announce a rate hike during the meeting. But after the shockingly bad May employment report, most agree the interest rate increase is off the table. In fact, Peter […]

Lowest Interest Rates in 5,000 Years and All I Got Was This Lousy Economy

Do you know the last time the world’s interest rates were this low? About 5,000 years ago. Let that sink in for a moment. Since the financial crisis in 2008, world governments have printed $12.3 trillion of money. Central banks have cut interest rates 654 times since the Lehman Brother collapse. There are nearly $10 […]

The Global Economy Almost Collapsed Twice in Last 18 Years – That’s Why You Buy Gold (Video)

Last week, James Rickards explained to CNBC why he is a long-term holder of gold bullion. He pointed to the pattern of financial collapses that threatened the global economy over the past two decades. In the late ‘90s, Wall Street bailed out a hedge fund. In 2008, the Federal Reserve bailed out Wall Street. But […]

Big Investors Have a Gold Gleam in Their Eyes

A lot of big-time investors are turning bullish on gold. Last month, Stanley Druckenmiller publicly advised investors to sell US stocks and buy gold. Legendary hedge fund manager Paul Singer said “it makes sense to own gold.” Even George Soros has jumped on the gold bandwagon, recently selling stocks and buying gold. Other mainstream investors […]