Peter's Blog

Jim Rogers Says 100% Probability US Is Heading for Recession; Data Backs Him Up

Media and government officials keep telling us the economy looks great, but a peek behind the curtain tells a different story. Some people do see the writing on the wall. Peter Schiff has been saying the US may well have already entered a recession. Last month, Jim Grant echoed Peter, saying the US economy likely […]

Power to the People – Owning Gold and Silver to Weather the Monetary Storm

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 saw the recent article about home safes selling out in Japan. This is an unintended consequence of the Japanese central bank’s negative interest rate […]

The Printing Press: A Great Way to Fool People – Peter Schiff’s Gold Videocast with Albert K Lu (Video)

In his most recent Gold Videocast for SchiffGold, Albert K Lu interviewed John Rubino, founder of DollarCollapse.com. Rubino had a pretty compelling explanation for why there wasn’t a massive, sustained economic collapse a decade ago, and why he thinks it’s still lurking on the horizon. The reason that we’re still here, when we really should have […]

Mainstream Waking Up to Reality; Now Saying “Buy Gold”

Just a few months ago, mainstream analysts were calling gold a “barbaric relic.” Now all of a sudden, they are saying, “Buy gold!” Last Friday, Deutsche Bank issued a note asserting that with emerging economic risks and market turmoil, signs point in gold’s favor: There are rising stresses in the global financial system…Buying some gold […]

American Gold and Silver Eagle Sales Continue at Torrid Pace

The demand for gold and silver bullion coins surged in the last half of 2015, and it has not abated so far this year, despite a rally in the price of both metals. Last year, demand was so strong the US Mint sold out of American Silver Eagles in July. Inventory was replenished in August, […]

David Stockman: Recession Is Going to Engulf the Whole World (Video)

Despite mounting data pointing toward a recession right around the corner, many mainstream analysts continue to insist that declining stock markets and other signs of economic turmoil are just a blip on the radar and things will quickly turn around. David Stockman appeared on CNBC’s Futures Now last Friday and blasted this bullish line of […]

Gold Defies Headwinds; Demand Surges in Last Half of 2015

After a tepid first half of 2015, demand for gold rallied during the last half of the year, despite a number of economic and external factors working against it. According to the World Gold Council’s Gold Demand Trends Full Year 2015 a surge in demand during the fourth quarter turned around what was looking to […]

The Addict Needs More Drug; Is Permanent Quantitative Easing in Our Future?

Central bankers want you to think they have all the answers. They talk about their policy “tool kits” as if they can just reach in and find the proper solution for any possible economic scenario. But if you peer behind the curtain, it becomes apparent they may not really know what they’re doing after all. […]

Four US States Officially in Recession; Data Points to Broader Problems

With four states officially in recession, and economic data continuing to point toward a broader downturn, it’s getting increasingly difficult for officials to sell the illusion of a strong US economy. Peter Schiff has been saying for weeks that the US may already be in a recession. Recently, Jim Grant appeared on CNBC’s Closing Bell […]

Armed Marshals Arrest Student Loan Debtors; Is the Bubble About to Burst?

Could the student loan bubble be on the verge of popping? If desperate government actions serve as any indication, it may well be. Last week, seven US Marshals armed with automatic weapons came to Paul Aker’s home in Houston to arrest him for a $1,500 student loan debt dating back to 1987. According to the […]