Peter's Blog

Limited-Time Gold Maple Sale; Our Lowest Price Ever

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.

Next Crisis Will Be Much Harder on All Americans (Audio)

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 Says Wild Ride on Wall Street Will Continue Until Fed Admits the Truth (Video)

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 Adds More Gold; Buying Spree Expected to Continue Through 2016

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 […]

Peter Schiff: Puerto Rico Bailout Immoral; Bankruptcy a Better Solution (Video)

In a recent interview on CCTV America, Peter Schiff discussed the debt crisis in Puerto Rico and whether the US should bail out the struggling territory. The Puerto Rico Infrastructure Financing Authority went into default earlier this month, fueling speculation that the US should help with a bailout. But Peter argues that is the wrong […]

Former Official Admits Fed “Engineered” Phony Wealth Effect (Audio)

Nobody really seemed to pay a whole lot of attention to the bombshell dropped by the former president of the Federal Reserve Bank of Dallas, but Peter Schiff picked up on it. Richard Fisher essentially admitted that the Fed manufactured the stock market recovery. Peter talked about it on his podcast. [He]was on CNBC yesterday. […]

Peter Schiff’s 2016 Outlook for Gold Fundamentals (Video)

On Kitco News yesterday, Peter Schiff put the past three years of falling gold prices in perspective. He emphasized that gold’s recent performance should be considered in the larger picture of a gold bull market that began in 1999. It has simply been investor assumptions and speculation about an improving economy that allowed gold’s correction […]

Falling Supply and Other Silver News

The Silver Institute has released its December issue of Silver News. This edition spotlights falling silver supply and soaring silver bullion coin demand. Total silver supply is forecast to fall to 1,014.4 million ounces in 2015, down 3% from the previous year. At the same time, silver bullion coin sales reached a fresh record high […]

Wall Street’s Dismal 2016 Could Be a Sign of Things to Come (Audio)

The new year began with a bang that made Wall Street whimper as stocks sold off on the first Monday of 2016. The Dow suffered its worst opening day of the year loss since 2001. As Peter Schiff pointed out in his podcast, this doesn’t bode well for the upcoming year. There’s an old saying, […]

Atlanta Fed Slashes Q4 GDP Forecast in Half

The Federal Reserve Bank of Atlanta’s GDPNow estimate released today forecast a dismal 4th quarter GDP number. The forecast was nearly cut in half from 1.3% on December 23rd to 0.7% today. It remains much worse than the mainstream consensus estimates: Here’s what the Atlanta Fed had to say, citing the same manufacturing numbers Peter […]