Peter's Blog

Could 2015 See the Real Crash Peter Schiff Predicted? (Audio)

Peter Schiff had a very honest conversation about his predictions in his best-selling book The Real Crash with Wall Street Daily founder Robert Williams. Williams started the interview by reminding the audience that while Peter is widely acknowledged for accurately predicting the 2008 financial crisis, few people remember what Peter’s bigger prediction is – that the […]

This Month in Gold – December 2014

China May Ease Gold Import Rules Bloomberg – The People’s Bank of China (PBOC) is considering a plan to allow qualified miners and more banks to import gold. The intention is to attract more foreign investors and get China more involved in world markets. Chinese miners would be incentivized to “explore opportunities overseas,” said Wallace […]

Gold Beat Every Currency but the US Dollar in 2014

World currencies lost a lot of value in 2014. If you lived outside the United States, you would have done much better holding gold rather than local cash this past year. Check out this chart from The Market Oracle: Eventually the Federal Reserve will be unable to artificially prop-up the US dollar. When that happens, […]

Alan Greenspan: Don’t Get Your Hopes Up for US Growth

Back in the fall, former Federal Reserve Chairman Alan Greenspan stirred things up by making some public statements about the importance of gold, calling it “the premier currency, where no fiat currency, including the dollar, can match it…” Greenspan also indicated that he believes the Fed’s balance sheet will eventually catch fire and ignite some […]

Housing Market on Shaky Ground (Video)

While few are as blunt as Peter Schiff in warning of another bubble in real estate, mainstream analysts are starting to worry that the US housing market isn’t as strong as many believe. Peter warns that rising home prices are a product of extremely low interest rates suppressed by the Federal Reserve. Robert Shiller, Nobel […]

What If Oil Is Just the First of Many Bubbles? (Video)

Peter Schiff appeared on Fox Business to explain why the bursting of the oil sector bubble could be the first of many collapsing bubbles that will push the United States economy back into recession.

CNBC Traders: Why to Buy Gold in 2015 (Video)

We were surprised to see mainstream stock speculators actually recommending gold as a good buy last week. On Friday, stock traders on CNBC argued the bull and bear case for the yellow metal, and the bull won. He touched on two of the key fundamentals supporting gold: the ongoing international currency war and huge physical […]

Don’t Get Your Hopes Up for Q4 GDP (Audio)

Everybody is talking about how strong the United States economy is based upon the upward revision of GDP growth to 5% in the third quarter. In his latest podcast, Peter Schiff digs into the data underlying the third-quarter GDP, as well as the economic data that could tell us what to expect for fourth-quarter GDP […]

Keeping Perspective: The Dow Is Nowhere Near a Record High in Gold

The Dow Jones Industrial Average broke through another record high yesterday, closing at about 18,030. A record high in United States dollar value, that is. When valued in ounces of gold, the Dow is nowhere near its historical high, which we saw in 1999. Take a look at this chart, showing the Dow to gold […]

Central Banks Want More Gold. So Should You.

MarketWatch published an article reviewing the growing gold repatriation movement throughout Europe. While the author tries to take a “balanced” mainstream view and even throws in a few swings at gold bulls, he is forced to admit that the trend is troubling. There’s only one reason so many countries would want their gold back on […]