Peter's Blog

Gold Has Two Fundamentals Going for It

There’s been a lot of focus on inflation and interest rates and how they will impact the gold market in the coming months. But gold has two fundamentals going for it that aren’t getting nearly the same kind of attention. Simple supply and demand. 

Peter Schiff: No, It’s Not Easy to Win a Trade War

It looks like Donald Trump is launching a full-blown trade war. Not to worry though. According to the president, a trade war is “easy to win.” When a country is losing many billions of dollars on trade with virtually every country it does business with, trade wars are good, and easy to win. Example, when […]

Stockman: Wall Street’s Disconnect from Main Street Is Unsustainable

In a podcast last week, Peter Schiff said rookie Federal Reserve chair Jerome Powell couldn’t be more wrong about the economy. He sees smooth sailing ahead. Peter sees a storm. Former Reagan Office of Budget Management director David Stockman made a similar observation in a column last week. What’s ahead is tumult, not smooth. That’s because […]

Peter Schiff: The Party Is Over (Video)

We’ve been talking a lot about the rising levels of debt – both government and household. Set in an environment of rising interest rates, this is a huge problem very few people seem concerned about. We’ve been enjoying a big party and it’s about to come to an abrupt end.

Russia Passes China; Gold Hoard Now World’s Fifth Largest

Russia has passed China to become the world’s fifth-largest gold-holding country. According to a Bloomberg report, the Bank of Russia added nearly 20 tons of gold to its stash in January, raising its total to 1,857 tons. The People’ Bank of China reported holdings of 1,843 tons. Russia has bought gold every month since March […]

Gold and Silver on Sale: SchiffGold Friday Gold Wrap 02:23:18

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: Groundhog Day Coin and Other Weird Stuff About Punxsutawney Phil

Americans can turn pretty much anything into a “holiday.” Even a groundhog. I guess Groundhog Day isn’t a holiday, strictly speaking. I mean, I don’t get a day off work. And the government doesn’t close. That’s when you know you have a real holiday. Government shuts down and my mailbox isn’t filled with inane fliers and […]

Peter Schiff: Gold Is Going to Go Ballistic (Video)

Ten-year Treasury yields flirted with 3% this week, hitting a four-year high of 2.95. Does the Treasury yield hold the leash of the stock market? Peter Schiff talked about it in an interview with Liz Claman on Fox Business, saying the Fed has kept rates artificially low for years, but given current conditions, it’s inevitable […]

Analysis: Where Bonds Go, Stocks Will Follow and They’re Going Down

During a podcast last month, Peter Schiff asked a key question: who is going to buy all of the debt necessary to finance the ballooning US deficit? In his most recent analysis, Dan Kurtz at DK Analytics explores this question more in-depth and comes to generally the same conclusion. The dollar has lost more than […]

Gold Was an Effective Hedge During Stock Selloff

The stock market plunge earlier this month reminds us why we should buy gold.  As a report released by the World Gold Council shows, gold acted as a portfolio hedge during the brief downturn. The price of gold rose as stocks sold off; as stocks partially retraced their losses, gold trended lower. But gold’s effectiveness improves […]