Peter's Blog

Mike Maloney: Data Screams “Recession Is Here!” (Video)

Peter Schiff has been saying for months that the US is probably already in a recession. In fact, during his April 4 podcast, Peter made the case that the “very massive recession,” Donald Trump predicted has already begun (Scroll down to listen.): Everybody is saying he is nuts because the economy is great. Look at […]

Jim Grant: The Fed Is in the Business of Making Things Worse (Video)

Jim Grant appeared on CNBC’s Closing Bell to discuss the Fed’s latest non-move in interest rates, noting that “it seems awful familiar.” Grant offered a stinging indictment of the Fed’s role in the world, pointing out that central planners simply can’t juggle all of the varying factors in the economy. Every move the Federal Reserve […]

How to Buy, Store, and Sell Precious Metals with SchiffGold

This article was written by Dickson Buchanan, SchiffGold Precious Metals Specialist. Any views expressed are his own and do not necessarily reflect the views of Peter Schiff or SchiffGold. Due to the high level of response from our readers to the first article we posted on the benefits of our low cost vault storage solutions, […]

Five Signs of China’s Growing Influence in the World Gold Market

As we’ve been reporting for months, China is quietly becoming a dominant player in the world gold market, as the yellow metal shifts from the West to the East. Now the mainstream media is starting to take notice. Not only is China the top consumer of gold in the world, ahead of fellow Asian nation […]

Pension System Collapse Turning Retirement Dreams into Nightmares

This article was submitted by Addison Quale, SchiffGold Precious Metals Specialist. Any views expressed are his own and do not necessarily reflect the views of Peter Schiff or SchiffGold. You know the old saying. “There’s a sucker born every minute.” Sadly, many Americans have been suckered into thinking their pension was going to provide a […]

James Rickards Says Yellen Has Gone “Full-Dove;” Won’t Raise Interest Rates (Video)

With the Federal Reserve preparing for another meeting, pundits are talking interest rate hikes. Even AP is speculating that a rate hike is unlikely this go-around, blaming problems the “global economy.” The US job market is healthy. The stock market is up. Home prices are rising. Yet as the Federal Reserve prepares to meet this […]

How High Would You Raise the Minimum Wage? (Video)

ReasonTV asked Californians what they thought the “right” minimum wage is. Unsurprisingly, most of the people in the “trendy, hipster enclave” of Silver Lake in Los Angeles just assumed a higher minimum wage is simply a no-brainer, win-win for society and workers. They didn’t hesitate to insist a $15-20 minimum wage was a necessity for […]

How the Minimum Wage Helped Spiral Puerto Rico into Economic Chaos

As the push for a $15 per hour minimum wage continues in earnest across America, policymakers had better consider the warning signs flashing from beleaguered Puerto Rico. Minimum wage policy was a major factor leading to the current crisis there. The Government Development Bank in the US territory is operating under a state of emergency […]

New Benchmark a Sign of China’s Growing Role as a Gold Hub (Video)

Earlier this week, China launched twice daily gold fixing to establish a regional benchmark that will bolster the country’s influence in the global gold market. What is the significance of the move? Greg Collett, director of investment products for the World Gold Council talked with Kitco News about the new Chinese benchmark. He said it […]

Hi Ho Silver! White Metal On Bull Run

As Peter Schiff put it in his recent podcast, “Hi ho silver seems to be the rallying cry for the day.” (Scroll down to watch the full podcast.) Last month, we reported silver could be poised to come out of the shadows. It certainly has – in a big way. Silver cracked $17 per ounce […]