Peter's Blog

The Stimulus Trap

Peter Schiff’s latest commentary looks at what happens when a country becomes addicted to easy money, and explains why the Fed will keep pumping money the US economy until a currency crisis forces it to stop. For years we have been warned by Keynesian economists to fear the so-called ‘liquidity trap,’ an economic cul-de-sac that […]

Cyprus Debacle Has Investors Shifting Assets

The Financial Times published a story on Friday featuring Peter Schiff’s new offshore investment bank, Euro Pacific Bank, which has seen a 150% increase in new customer interest since the news of deposit confiscations in Cyprus. The article examines new ways for investors to protect their wealth from irresponsible central banks. “‘Banks in Cyprus took […]

This Month in Gold – March 2013

UBS Predicts Major Gold Rally MarketWatch – UBS, the biggest bank in Switzerland, says US monetary policy will favorably influence the price of gold in the latter part of 2013. Gold’s sell-off in mid-February is attributed to the belief that the Fed will end quantitative easing sooner than expected. However, as UBS analyst Julien Garren […]

Cyprus and the Unraveling of Fractional-Reserve Banking

Could the Cypriot crisis be the beginning of the end for the modern fractional-reserve banking system? Joseph Salerno’s commentary at the Ludwig von Mises Institute considers to the possibility. One thing is certain: trusting your savings to a bank is no longer a wise plan for wealth preservation. “Getting back to the Cyprus deal, admittedly […]

Remarkable New “Chocolate Bar” Gold Product (Video)

In this special video, Peter Schiff demonstrates a new and exciting gold product manufactured by the prestigious Valcambi Suisse refinery. This 50-gram “chocolate bar” of gold can be broken into individual 1-gram gold bars – perfect for barter transactions! SchiffGold has some of the most competitive rates on this exciting new product. Call 1-800-GOLD-160 to talk […]

Gold ETF Outflows vs. Physical Bullion Demand

Alena Mikhan and Jeff Clark, part of Casey Research’s Metals Team, published a commentary this week countering the bearish sentiment surrounding the recent gold ETF outflows. While investors in the paper market may be selling gold, long-term physical holders are buying record amounts of bullion from the US Mint. Since January 1, the holdings of […]

Gold and the Great Monetary Easing

You don’t see a lot of mainstream coverage of big players who remain bullish on gold. However, Yahoo! Finance did report on Morgan Stanley’s latest forecast, which sees gold’s bull cycle entering a new stage of growth as countries around the world ramp up their easy money policies. “A notable feature of the investment landscape […]

The Secret Bull Market in Gold

Peter Schiff isn’t the only one surprised by all the naysayers who believe the economy is improving and gold’s heyday is over. Brett Arends – an admitted “gold agnostic” – just wrote a commentary for The Wall Street Journal’s MarketWatch, examining the popularity of gold abroad, and the bullish fundamentals that haven’t been affected by […]

Dumb and Dumber 3: Fooled Again

Jon Pawelko publishes the web comic Lampoon The System to poke fun at insane economic policies and educate the public on sound economics. Click here for more cartoons and information on his anthology book, available for only $15. Follow us on Twitter to stay up-to-date on Peter Schiff’s latest thoughts: @SchiffGold Interested in learning about […]

The Fed’s Tightening Pipe Dream

By Peter Schiff Testifying before the US Senate this past Tuesday, Fed Chairman Ben Bernanke made an extraordinary claim about its bloated balance sheet: “We could exit without ever selling by letting it run off.” What Bernanke means here is that the Fed could simply hold its Treasuries and agency bonds until they mature, at […]