Peter's Blog

GoldSeek Radio: Fiat Currencies and the Race to the Bottom

Last week, GoldSeek Radio’s Chris Waltzek had a lengthy conversation with Peter Schiff about precious metals and the future of fiat currencies. Dedicated gold bugs will appreciate Peter and Chris delving into some more technical points, but the fundamentals remain the same: invest in something central banks can’t manipulate! That’s going to be the wave […]

Avoiding Bait-and-Switch Metals Dealers

Gold dealers have developed a reputation akin to the stereotypical car salesmen: fast-talkers with a tendency to mislead through omission. Vetting a prospective precious metals broker can be a tedious process. You might find yourself becoming chummy with a gold broker over the course of weeks or months, only to find yourself duped when you’re […]

The Problem with TIPS

By Dennis Miller from Casey Research If the “World Snake-Oil Salesperson Society” had a hall of fame, good old Uncle Sam would be a charter member. When it comes to smooth-talking folks into buying debt instruments, he’s the slickest around. And Treasury Inflation-Protected Securities (TIPS) are one of his slickest gimmicks. Here’s how the federal […]

Treasury’s Last Pillar Crumbles

By Peter Schiff With the return of Shinzo Abe and his Liberal Democratic Party to power in Japan, the market for US Treasuries may be losing its last external pillar of support. Re-elected on September 26th, Abe has quickly set a course for limitless inflation, saying Japan must “free itself from deflation and the strong […]

Another Wrong Turn

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 […]

12 Years of Bullish Gold

It looks like gold is ready to complete the year with a 6% gain, continuing it’s longest streak since 1920, according to Bloomberg. Jeff Clark of Casey Research has reviewed the opinions of prominent gold bugs and the many reasons why 2013 looks like another shiny year for the yellow metal:

Central Banks Are Stockpiling Gold

News keeps coming in of central banks increasing their gold reserves. From Russia to Korea to Iraq, it seems bankers around the world are preparing for the worst as governments continue to crank out fiat currency. Brazil is leading the pack by more than doubling their gold holdings since August:

A Golden Future for Millenials?

While the older generation of politicians and central bankers seem intent on spending the United States into insolvency, perhaps the younger generations can learn from the past. Travis N. Taylor published an op/ed in the Washington Times this week calling on 18-29 year-olds to support a return to the gold standard: “Although the federal government’s […]

Gold Bull Market Far From Over

Gold’s poor performance in the past week has triggered a flood of commentaries declaring that gold peaked back in 2011 and that prices may plummet next year. Don’t be fooled – there is plenty of evidence that gold still has a bright future. Tim Iacono published an interesting article on Seeking Alpha yesterday debunking the […]

Renewed Interest in Gold as a Financial Asset

By Valentin Petkantchin You may be among those investors who had the opportunity, but did not seize it, to buy gold cheap in the early 2000s. You may also be willing, but hesitant, to do so at current prices, while still desiring the “anti-crash insurance” it represents. However, you should be aware that the yellow […]