Peter's Blog

American Economic Power Is Just an Illusion (Video)

A couple weeks ago, we shared a segment of Peter Schiff’s recent interview with Reason TV. Here is the full interview with Reason’s Matt Welch from FreedomFest 2015. They discuss the future of the United States economy, the upcoming presidential election, and China’s relationship to the US. Things change quickly when they change. This idea […]

Currencies Depend on Faith, Gold Doesn’t

This article is written by Peter Schiff and originally published by Euro Pacific Capital. Find it here. In his July 17th blog post, “Let’s Get Real About Gold”, author and Wall Street Journal columnist Jason Zweig likened investor interest in gold with the “Pet Rock” craze of the 1970s, when consumers became convinced that a […]

Gold Is the Reciprocal of Paper Assets in a Time of Radical Monetary Experiments (Video)

Jim Grant joined Kitco News to share his thoughts on the gold market. Author of The Forgotten Depression and publisher of Grant’s Interest Rate Observer, Grant is one of the most reserved and staunch gold bulls in the financial media. Grant admits he is extremely frustrated with the gold market given the underlying fundamentals of […]

Failing Welfare States: Greek Taxes & US Social Security

Banks in Greece reopened on Monday, and even with strict withdrawal limits in effect, it at least gave the appearance of a return to normalcy. But Greeks also woke up Monday to a painful new reality that should serve as a warning to Americans. Massive tax hikes went into effect, part of the austerity measures […]

Texas’ Gold Depository Could Challenge Federal Power

Gold is power. We know that gold historically holds its value over time and serves to preserve wealth, especially in times of economic chaos. But gold also offers its holder political power. Countries that stockpile gold create a foundation of stability for their monetary systems. This is precisely why China is increasing its gold holdings. […]

Happy 50th Birthday to “Junk Silver”

Under the original Coinage Act of 1792, drafted by Alexander Hamilton, the penalty for debasing a coin was death. Under that law, President Lyndon B. Johnson was guilty of a capital offense. Fifty years ago today, Johnson signed the Coinage Act of 1965, setting into motion five decades of currency debasement that continues today. Under […]

Gold Hasn’t Lost Any Value, the Dollar Has Just Strengthened (Video)

Jim Rickards appeared on Bloomberg to explain why gold hasn’t actually lost any real value. It’s just the strength of the dollar that has pushed down nearly all commodities and currencies. Rickards argues that now is a very good time to buy the yellow metal, especially if you’re looking for the safest way to preserve […]

This Is Your Brain on Dollars

The following article was written by Keith Weiner of Monetary Metals and recommended by our Precious Metals Specialists. Any views expressed do not necessarily reflect the views of Peter Schiff or SchiffGold. Lions, Tigers, and Gold Bears, Oh My! We can’t count how many articles we saw today, bemoaning gold going down. The price action […]

It’s Not Gold vs Stocks; It’s Gold vs Fiat Money (Video)

Fox Business asked Peter Schiff to explain why investors should continue to hold on to their gold, rather than sell it at a loss. Peter clarified that he has never recommended investing only in gold and not in stocks. Instead, owning gold is a way to protect yourself from fiat money and central bank policy. […]

Gold Doesn’t Need Blind Faith, but the Dollar Does (Video)

In his podcast released yesterday evening, Peter Schiff explains why the price of gold plunged on Sunday night. More importantly, he reminds investors why gold is not a faith-based asset, like fiat money. He also reviews China’s relationship to gold, and compares the current market to the last time a bear market in gold ended. […]