Peter's Blog

2015 Silver Forecast: One of the Best Long-Term Opportunities (Video)

John Whitefoot, an Analyst with Lombardi, shares his 2015 silver forecast. Unlike many investors, Whitefoot expects silver prices to rally, catching markets by surprise. He points to three important factors: The S&P 500 is overvalued by 65%, indicating the stock market is in a bubble that will pop soon. Silver has industrial demand that allows […]

FOMC Is Bluffing; Prepare for QE4 and No Rate Hike (Video)

The Federal Reserve has a two-day meeting this week. CNBC World asked Peter Schiff what he expects the results of the meeting will be. Peter argued that the Fed will continue to bluff about raising interest rates. He believes a fourth round of quantitative easing is more likely in the next year.

Shadow Stats: Gold Near Inflation-Adjusted Low

Peter Schiff has argued for years that government inflation data in the United States is bogus. The Federal Reserve and financial media focus on a broader measurement of inflation that overlooks the significant increases in the cost of living for most Americans. What’s more, the way this inflation is measured has changed dramatically over the […]

The Moral Hazards of Public Debt and How to Save Yourself

In the second part of his interview with the Daily Bell, Peter Schiff discusses the economic dilemmas of Greece and the eurozone. He warns that the United States faces the same moral hazard of massive public debts that will be impossible to repay. Peter believes the Federal Reserve and American government will resort to currency […]

Jim Cramer: Gold Is Your Insurance Policy (Video)

Jim Cramer raised a great point on Mad Money this week. You wouldn’t own a house or a car without the proper insurance. So why would you have a portfolio of investments without insurance? Gold is that insurance – the only asset that is guaranteed to minimize the downside risks when there is economic or geopolitical […]

The Economic Politics of the Yuan-Dollar Peg (Video)

News broke this week that China may soon announce a major increase in its gold reserves in order to convince the IMF that the yuan should be included in the Special Drawing Right basket of currencies. Jim Rickards, an expert on geoeconomics, believes the yuan’s inclusion in the SDR is inevitable and will go into […]

Ron Paul on Gold and the Health of the US Dollar (Video)

Dr. Ron Paul discussed the future of the dollar on the Ron Paul Liberty Report this week. He believes that the value of the dollar is in a bubble that will eventually pop when the Federal Reserve is forced to raise interest rates. The best measurement throughout history for the value of a currency is […]

Central Banks Would Love to Abolish Cash

The war on cash is a growing collection of laws and banking regulations that discourage or prevent citizens from doing business in physical currency. Last month, we reported on new laws in France that will limit the size of cash transactions. On a smaller scale, the state of Louisiana has recently made it illegal to […]

Physical Gold Immune to Flash Crashes

Yesterday a British stock trader was arrested on criminal fraud charges for stock market manipulation. The Commodity Futures Trading Commission and the United States Department of Justice accused Navinder Singh Sarao of single-handedly triggering the “flash crash” of May 2010. During this crash, the Dow Jones Industrial Average plunged about 600 points in just minutes, […]

China May Announce Its Gold Reserves Are 2nd Largest in World

According to Bloomberg Intelligence, China’s gold bullion reserves may have tripled since its last official report in 2009. Bloomberg estimates that the People’s Bank of China could now own as much as 3,510 metric tons of the metal. If true, China now has the second largest store of gold in the world, following the United […]