Peter's Blog

Swiss News Could Mean Carnage for US Dollar (Audio)

In his latest podcast, Peter Schiff provides more in-depth analysis of how the Swiss National Bank’s monetary policy could affect the US dollar in the long-term.

Switzerland Surrenders the Currency War, but America Still Racing to the Bottom (Video)

Markets are still reeling from yesterday’s news that the Swiss National Bank has removed the currency cap on the Swiss franc. Still wondering exactly what this means for European and American investors? Peter Schiff explains to RT what this means in the larger context of the international currency war. It’s good news for the Swiss […]

Gold Should Be at $2,000 (Video)

Kitco News spoke with forecaster Gerald Celente about the grand manipulation of global markets by central banks. Celente argues that the only reason the gold price isn’t $2,000 is because of the low interest rates and quantitative easing of the Federal Reserve. He predicts a panic in US equity markets in 2015 and a resurgence […]

Wall Street Clings to Economic Denial (Audio)

In yesterday’s podcast, Peter Schiff addressed the current stock market volatility, the United States housing market, retail sales numbers, and the American recovery fantasy.

Gold Surges in a Volatile Market

The price of gold took off this morning when news broke that the Swiss National Bank has removed the euro cap on the Swiss franc. For three years, the franc has had a ceiling of 1.20 francs per euro. When the cap was removed, the currency surged 30% against the euro, sending currency traders scrambling […]

Gold Could Rise 30% in 2015

Famed contrarian investor Marc Faber has predicted that gold will go up “substantially” in 2015, perhaps as much as 30%. Much like Peter Schiff, Faber sees 2015 as the year that the markets wake up and realize that central banks are no longer capable of artificially supporting asset prices. Faber’s investment advice comes down to […]

Promises, Promises…

Janet Yellen claimed the Federal Reserve is going to hit the interest rate gym this year, but we all know how New Year’s Resolutions turn out… Please share and enjoy the latest comic from Lampoon the System. SchiffGold now has a full archive of all past editions of Lampoon the System comics created for our […]

December 2014 Unemployment Was Actually 23% (Audio)

In his latest podcast, Peter Schiff dissects the jobs numbers from December, Obama’s new community college plan, and Charles Evans’ call for more inflation. Peter continues to be one of the few reporting on the reality underlying the headline jobs numbers, though Paul Craig Roberts just published an enlightening article at LewRockwell.com. Roberts looks at […]

Chinese Gold Demand Picks Up before Lunar New Year

Lawrence Williams reports for Mineweb that the Shanghai Gold Exchange (SGE) reported more than 2,100 metric tons of gold withdrawals in 2014. The last three trading days of the year alone saw 29 tons of withdrawals. Many analysts have turned to figures from SGE as a better gauge of Chinese consumer demand, because the Chinese […]

Gold Remains an Important Safe Haven in 2015 (Video)

Edmund Shing, global equity portfolio manager for BCS Financial Group, told CNBC why he still sees gold as an excellent safe haven asset. Just as Peter Schiff has pointed out, investors who bought gold in any currency other than the US dollar last year saw excellent returns. What’s more, Shing agrees with Peter that the […]