Peter's Blog

Paper vs. Physical Gold: Basic Supply & Demand (Video)

Michael Lombardi of Profit Confidential calmly explains the difference between the paper price of gold and the physical price of gold. Paper gold contracts traded on the COMEX and other speculative markets can significantly influence the nominal price of gold from day to day, as we saw with the sharp downturn in the dollar price […]

US Economic Myths: Stefan Molyneux & Peter Schiff (Video)

Stefan Molyneux interviewed Peter Schiff on Freedomain Radio. In this hour-long conversation, Stefan and Peter cover the gamut of essential economic issues: the gold market, hidden inflation, the so-called US economic “recovery,” and the ultimate death of the US dollar. This is a great video to catch up on nearly every hot-button issue in the […]

South Koreans Buying Up Physical Gold

South Koreans have embarked on a gold buying spree. Residents of the Asian country are on pace to purchase a record amount of gold in 2015. By year’s end, total sales will likely top 1 trillion won ($860 million) based on first-half sales through Korea Gold Exchange 3M Co Ltd, the country’s largest gold merchant.

Truth of Paper Gold Market: Greatest Gold Buying Opportunity Ever (Audio)

In his 100th podcast, Peter Schiff looks at the latest lousy data from the labor market. Last quarter’s wage growth is the worst since the government started recording it in 1982. He also discusses the disparity between the paper and physical gold markets, and the reactions his brokerage and metals clients have had to the […]

Shocking Admissions on the Pages of the New York Times

The New York Times ran a surprising op-ed on Sunday highlighting some structural problems in the US economy. The issues raised in the column titled “We’re Making Life Too Hard for Millennials” by Wall Street executive and NYT contributing opinion writer Steven Rattner won’t surprise our regular readers. In fact, you will find the analysis […]

US Has Been in Recession for Entirety of Obama Presidency (Video)

Peter Schiff appeared on MSNBC last week to talk about why gold is an essential asset for protecting your wealth from inflation and a failing US dollar. The conversation became a bit combative when Peter was asked to defend his claim that government inflation measures are inaccurate. Unsurprisingly, the MSNBC anchor took it for granted […]

This Month in Gold – July 2015

Coin Sales Soar, Driven by Greek Crisis and Low Prices Reuters – The sale of gold and silver coins soared in July, with the Greek financial crisis and low prices pushing demand. With more than a week left until the end of the month, sales of US Mint American Eagle gold coins had already vaulted above […]

Barter Economy Growing in Cash-Strapped Greece

You go to the bank, deposit your paycheck and walk away thinking your money will remain safe and secure, ready for you to withdraw whenever the need arises. But as Greeks have discovered, that’s not necessarily the case. In the event of a crisis, you may not be able to access your money. According to […]

The Euro Isn’t Dead

This article is written by Peter Schiff and originally published by Euro Pacific Capital. Find it here. While the world can count dozens of important currencies, when it comes to top line financial and investment discussions, the currency marketplace really comes down to a one-on-one cage match between the two top contenders: the US dollar […]

London Metal Exchange to Accept Yuan as Collateral

The Chinese yuan continues to gain stature in the world financial system. Earlier this week, the London Metal Exchange announced it will begin accepting yuan as collateral for banks and brokers trading on its platform. The LME is the largest metal trading venue in the world. It facilitated some $15 trillion in metal trades last […]