Peter's Blog

Former Mob Boss: Stay Away From Wall Street, Choose Gold and Silver (Video)

Michael Franzese, a former mob boss who went straight following a 10-year prison term, thinks stocks are in a bubble. He says he has worked with many of the people on Wall Street and doesn’t feel comfortable letting “shady” characters handle his money. In 1986, Franzese ranked No. 8 on Fortune Magazine’s list of the […]

Prominent Voices Warning of Stock Market Bubble

Stocks continue to soar to record highs and the media breathlessly touts the economic recovery. But the Fed-fueled bull market for stocks can’t last forever. Some renowned experts are issuing ominous warnings: Nobel Prize-winning economist Robert Shiller says the stock market is looking very expensive. By his metric, stocks have only been at their current […]

Why Gold Could Be the Best Hedge in the Next Market Correction (Pt. 3)

This is the final installment in a three-part series exploring three key reasons why gold could be the best hedge in the event of a major market correction. For part one, click here. For part two, click here. As we wrote previously, there are many stories in the news lately exploring the various ways to protect […]

Customers Defrauded with Leveraged Gold Scheme

Another gold scam has been exposed this month, but only after customers gave more than $2.6 million to precious metals dealer Robert Escobio who lost $600,000 of the invested funds. The US Commodity Futures Trading Commission (CFTC) has filed a civil enforcement claim against Escobio and his company Southern Trust Metals, Inc. Escobio convinced investors […]

Why Gold Could Be the Best Hedge in the Next Market Correction (Pt. 2)

This is part two of three in a series exploring three key reasons why gold could be the best hedge in the event of a major market correction. For part one, click here. As we wrote yesterday, there are many stories in the news lately exploring the various ways to protect yourself from a major […]

Why Gold Could Be the Best Hedge in the Next Market Correction (Pt. 1)

This is part one of three in a series exploring three key reasons why gold could be the best hedge in the event of a major market correction. There are many stories in the news lately exploring the various ways to protect yourself from a major market correction. They talk about hedge funds shorting US municipal […]

The Global Economy Is In a Depression (Video)

Jim Rickards, author of The Death of Money, was interviewed on RT. Jim checks off a daunting list of countries around the world experiencing economic difficulties and offers analysis of what is really going on. What’s happening in Germany is happening all over the world. Germany’s economy contracted… Italy’s already contracted. France has two quarters in […]

Anniversary of Nixon Closing the Gold Window (Video)

Forty-three years ago today, President Nixon severed the last remaining shred of the gold standard when he suspended the ability of foreign banks to directly exchange the dollar for gold. Nixon promised his actions would be temporary, but this turned out to be an even bigger lie than his promise to end the Vietnam War. […]

Gold Videocast: Jim Rickards & Peter Schiff on Gold & Currency Wars (Video)

In his latest Gold Videocast, Peter Schiff meets with Jim Rickards, author of The Death of Money, for an exclusive interview about gold’s role in the international currency wars.

Silver Can Protect You from “Financial Heroin”

Jeff Clark of Casey Research has just released a new commentary laying out his reasoning for buying silver right now. From the rising cost of production to Asian demand, Clark goes into detail about the latest silver fundamentals that serious precious metals investors need to be aware of. The drugs of choice for governments—money printing, […]