Peter's Blog

US Dollar Doesn’t Deserve to Be Reserve Currency (Video)

Russia Today spoke with Peter Schiff about the United States’ international spy activity and what effect it will have on the strength of the US dollar. [Europe is not economically dependent on the US.] I think it is the other way around – the US is very dependent on the rest of the world. It […]

Exciting Advances in Silver Technology

The June edition of the Silver Institute’s Silver News is now available. This issue is full of news from the silver industry, highlighting some of the most interesting inventions and applications using silver today. Silver’s natural anti-microbial properties are being explored by industries around the world, ensuring demand for the white metal for many years […]

Gooooooooooold!

The news came out last week that Germany has changed its mind and will allow its foreign gold reserves to remain in the vaults of the New York Federal Reserve. Read the story here. With the World Cup occurring simultaneously, Lampoon the System couldn’t help but poke a little fun… Jon Pawelko publishes the web comic […]

Diversify Your Bitcoin with Gold & Silver

In case you missed the news, SchiffGold is now the world’s first major gold dealer to accept bitcoin, the digital currency that has been called the biggest innovation since the internet. We’ve partnered with industry leader BitPay to securely process your bitcoin payments when buying gold and silver. Whether you choose to pay in dollars […]

Price Guarantees Are Almost Always Rip-Offs

There’s a marketing gimmick that is becoming more common in the gold dealer business – the “price guarantee.” It sounds like a great deal on its face, but there’s more to it than meets the eye. Here’s what these dealers will offer: You call to place an order for gold coins and lock in a […]

The Platinum Supply Shock

By Peter Schiff Even investors who typically eschew precious metals have been hard-pressed to ignore the platinum industry this year. The longest strike in South African history paired with surging Asian demand is set to push the metal back into a physical deficit in 2014 – and could have repercussions for years to come. While […]

Lookin’ For a Fix

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 […]

This Month in Gold – May 2014

Huge Gold Refinery Under Construction in Dubai Reuters – One of the world’s largest gold refineries is being built by Kaloti Precious Metals in Dubai and is scheduled to be completed next year. The refinery will be three times the size of any other refinery in the United Arab Emirates, with a production capacity of […]

SchiffGold Now Accepts Bitcoin

We are excited to announce that through a new partnership with BitPay, we now accept bitcoin payments! We are the largest precious metals dealer in the world to do so. Speak with one of our Precious Metals Specialists today for more information. Read the full press release below. NEW YORK – BitPay, world leader in […]

$300 Million Lost to Gold Scams Since 2001

There was big news this week, when a Senate committee heard testimony about widespread precious metals fraud since 2001. The activity has picked up significantly since the financial crisis, with conmen targeting people who want to protect their savings from a crumbling US dollar. According to the news, US regulators have done virtually nothing to […]