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The flipping of the calendar to 2016 has not dampened the demand for silver bullion coins. The US Mint announced its first weekly allocation of American Silver Eagles for 2016 and the number was quadruple the amount rationed during each of the last five months of 2015. Sales have been brisk, according to Reuters:
Peter Schiff has been saying for months that the US economy isn’t nearly as good as Federal Reserve and government officials want you to believe. Mainstream analysts and pundits seem to be doing their best to toe the line and paint a rosy picture, but we are starting to see a lot of cracks in […]
On Fox Business, Peter Schiff debated Andy Brenner, who argued that now is the time to be bullish on the US economy and stock market. Brenner pointed to the latest 5% unemployment figure as his main proof. Peter again made the case that unemployment data is a lagging indicator of economic health at best. While […]
In the weeks leading up to the Federal Reserve’s interest rate hike announcement, almost every mainstream analyst and pundit was predicting doom and gloom for gold. Everybody, that is, except Peter Schiff. He predicted good things for gold, and it’s looking more and more like he nailed it. Conventional wisdom was that a rise in […]
In the latest Schiff Report, Peter Schiff looks back at the first week of the new year, examining the performance of the US and Chinese stock markets, the price of gold, and a collection of other economic data. Peter was one of the only analysts who insisted gold would rise after the December rate hike, […]
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. Flashing red stock markets seem to have become something of a norm in this new post-rate-hike world. Since Yellen made her big announcement in December, we’ve […]
SchiffGold has just acquired a very limited quantity of mint-condition, uncirculated 1979-1982, 1-ounce Maple Leaf Gold Coins. These 99.9% purity coins are the perfect opportunity to buy gold near the market bottom. SchiffGold has not seen Maple Leafs priced this low since we began business. This sale will end when our supply runs out.
Peter Schiff spoke with the X22 Report earlier this week and covered the gamut of economic analysis. They first discussed the latest economic data and why the United States is likely heading into a fresh recession in 2016. They compare the coming crisis to 2008, looking at the long-term collapse of the dollar and what […]
Peter Schiff discussed the miserable start for Wall Street in 2016 on Newsmax Prime. Peter said that until the Fed admits the truth about the economy, there is really nothing to stop stocks from continuing on a downward trajectory: There really is nothing to support this market until the Fed acknowledges how weak the economy […]
China added another 19 tons of gold to its reserves in December, continuing a buying spree analysts expect will continue through 2016. Since announcing its reserves for the first time in six years last summer, the People’s Bank of China (PBOC) has steadily added to its hoard. The PBOC added 14 tons in October, 15 […]
