Peter's Blog

Employment Numbers an April Snow Job

Donald Trump managed to shove his way into the spotlight again last week, claiming the US is heading for “a massive recession.” Unsurprisingly, the mainstream media scoffed at Trump’s assertion, pointing to the “great jobs report” that came out Friday. The report did show the US economy added some 215,000 jobs, slightly more than expected. […]

Negative Yields, Opportunity Cost and Gold

This article was written by Dickson Buchanan, SchiffGold Precious Metals Specialist. Any views expressed are his own and do not necessarily reflect the views of Peter Schiff or SchiffGold. Last week, I published an article on the causes and consequences of negative interest rates. In it, I talked briefly about how negative yields hold significant […]

Global Data: A New Scapegoat for the Federal Reserve

This article was written by Nelson Gilliat, a millennial supporter of sound money and Austrian economics. Any views expressed are his own and do not necessarily reflect the views of Peter Schiff or SchiffGold. During March 16th’s FOMC meeting, the Fed announced that it would leave interest rates unchanged and scaled back its December projections for higher rates in […]

Peter Schiff’s Gold Giveaway Winners!

This is not an April Fools’ Day joke! These are the winners in Peter Schiff’s Gold Giveaway. Winners collected more than $4,500 worth of prizes, including gold coins, silver bars, and books signed by Peter Schiff. These lucky people were drawn at random from all of the entries submitted.

Stockman Misses the Boat: We Don’t Need to Get Rid of Yellen; We Need to End the Fed

This article was submitted by Addison Quale, SchiffGold Precious Metals Specialist. Any views expressed are his own and do not necessarily reflect the views of Peter Schiff or SchiffGold. Perhaps you are familiar with David Stockman and his mind-bogglingly long in-depth economic analyses topped off with blustery bombastic titles. Clearly, he’s an incredibly smart guy, […]

Russia on a Gold Buying Spree

The Russians have launched into a gold buying spree. Based on recently released International Monetary Fund numbers reported at Mining.com., the Russian central bank ranked as the world’s leading gold buyer in February, adding 356,000 ounces to its reserves: Last December, Russia announced plans to increase its gold reserves to $500 billion within the next […]

Central Bank Policy Sparking Gold Demand in Europe

When we talk about increasing gold demand, the focus tends to fall on Asia. Earlier this week, we reported surging investor demand for the yellow metal in China. The Japanese have also gone on a gold buying spree since that country’s central bank plunged interest rates into negative territory. But it isn’t just Asians who […]

Negative Interest Rates: Causes, Consequences and Ramifications

This article was written by Dickson Buchanan, SchiffGold Precious Metals Specialist. Any views expressed are his own and do not necessarily reflect the views of Peter Schiff or SchiffGold. Central Banks are under the mistaken belief that negative interest rates could be the magic kiss which turns their toad economics into Prince Charmings.  Why exactly […]

New Tax-Free Gold & Silver Buying Guide & $10K Reporting Myth

You may have heard that you can’t purchase more than $10,000 worth of gold without it being reported to the IRS. This is a myth. You can avoid IRS reporting requirements, even on large-scale purchases. You just have to know the rules. Our brand new Guide to Tax-Free Gold and Silver Buying provides the information you need to […]

Chinese Seizing Golden Opportunity; Gold Demand Surging

Generally speaking, rising prices tend to temper demand, but when it comes to gold in China, the recent price rally has created the opposite effect. As the Wall Street Journal put it, “Chinese investors see a golden opportunity.” Demand for gold has surged in China over the last several weeks, during a period generally considered […]