Peter's Blog

Negative Interest Rates: Bad Policy for European Central Bank

Several economists for the International Monetary Fund (IMF) recently expressed concerns about moving interest rates into negative territory. They believe it could backfire on the European Central Bank (ECB), making banks less profitable overall and reducing lending.

Fed Up Friday: August 6 – 12

Each week there are plenty of new reasons to get fed up with our beloved central bank. Here’s what they’ve been up to in the past seven days. Ben Bernanke:  Uncertainty Could Lead to No Rate Hike until 2017 On Monday, former Fed Chair Ben Bernanke laid out his thoughts on how the rest of […]

High Price of Gold Disrupting International Love

The price of gold is up 26% for the year so far. Overall, the price increase is beginning to change investor portfolios, as more people consider buying gold and other precious metals. However, the hike in gold prices is also starting to influence governments and cultures all over the world, from Japan scouring the ocean […]

Diversifying with Gold New Strategy for Janus Capital’s Bill Gross

Lately, there’s so much gold stockpiled by governments and investors, someone should pitch a new reality TV show called Gold Hoarders. But rather than poor agoraphobics maddeningly piling up old newspapers and canned food, the show would feature smart individuals like Bill Gross who have the foresight to see the writing on the wall. The […]

Fed Up Friday: July 30 – August 5

Your weekly dose of the Fed’s latest antics. Bank of England Slashes Rates, Gold Surges Forward It’s important to remember that it’s not just the US Federal Reserve that launches the price of gold upwards with every misguided decision. As we predicted on Wednesday, the Bank of England dropped their interest rate to record lows […]

Peter Schiff: Next Economic Collapse Will be Worse than 2008 (Video)

At Freedom Fest last month, Peter Schiff appeared on AMTV discussing how the Fed’s monetary policy has created an impending economic crisis to rival the 2008 housing crisis. “The problems were created by the Fed,” he states. “They were created by monetary policy being too loose. Rates were too low when they were at 1%. […]

Fed Up Friday: July 23-29

In case you missed it, here’s what the Fed’s been up to this week. Gold Prices Spike after Fed Announcement It was a big week for being fed up with central banking. The Fed’s July meeting and the FOMC’s statement were on Wednesday. As expected, the plans for a rate increase were put on hold, and […]

Beware of Impending Gold Production Cliff

Last week, we reported on an oft-ignored fundamental in the gold market – the shrinking supply. Mining.com analyzed the data and concluded there are no more easy gold discoveries. In fact, the number of major gold discoveries is shrinking. This week we have further evidence that the supply of gold is being squeezed. In fact, […]

The Fed: We Came, We Saw, We Did Nothing – The Mainstream Is Catching On to the Game

Once again, the Federal Reserve came, saw, and did nothing. This has become modus operandi for the Fed over the last two years. As each FOMC meeting approaches, speculation about a possible rate hike ramps up and then the Janet Yellen does…nothing. The one exception was last December, and that turned out to be a […]

Silver Is All Around Us (Video)

Sunny Pannu, director of corporate development for Defiance Silver, a silver explorer and developer, recently sat down with Silver Institute executive director Michael DiRienzo for a wide-ranging discussion about the fantastic world of silver. The discussion focused on the present state of the silver market and its future. Topics ranged from an explanation of how […]