Peter's Blog

CFTC CoTs Report: Be Advised – Gold is Overbought Among Hedge Funds

Please note: the CoTs report was published 09/27/2024 for the period ending 09/24/2024. “Managed Money” and “Hedge Funds” are used interchangeably. The Commitment of Traders report is a weekly publication that shows the breakdown of ownership in the Futures market. For every contract, there is a long and a short, so the net positioning will […]

The Digital Puppeteers: Big Tech’s Influence on Society

Tech companies have revolutionized the modern age, allowing for transcontinental communication, instant access to information, and unprecedented connectivity between people worldwide. But this revolution has come at a cost; these companies have undue influence over our lives, possessing the capability to shape public discourse, consumer behavior, and even political outcomes.

“Leave Immediately:” U.K., U.S. Plan for All-Out War

While Israeli troops prepare for a possible ground invasion into Lebanon, the U.S. and its allies are scrambling to patch together a temporary ceasefire that could postpone the worst of the conflict.

Gold Pumps After Monster Rate Cut – And So Will Inflation

In the wake of the Fed’s juicy 50 bps interest rate cut, the dollar responded immediately by dropping against gold. With more rate cuts on the way, Israel’s war expanding rapidly, and inflation ready to rip higher, new record prices are on the way for the yellow metal.

Comex Gold: October Open Interest is Double The Amount from Last Year

The CME Comex is the Exchange where futures are traded for gold, silver, and other commodities. The CME also allows futures buyers to turn their contracts into physical metal through delivery. You can find more detail on the CME here (e.g., vault types, major/minor months, delivery explanation, historical data, etc.).

August Money Supply Grows by Most Since December 2021

Money Supply is a very important indicator. It helps show how tight or loose current monetary conditions are regardless of what the Fed is doing with interest rates. Even if the Fed is tight, if Money Supply is increasing, it has an inflationary effect.

Schiff on X Spaces: QE is On the Way

On Friday night, Peter took again to X Spaces to comment on the Fed’s recent decision, the stakes of the upcoming election, and Bitcoin, among other topics. He spends most of the Space interacting with his followers and responding to their questions. Follow Peter on X to catch the next Space he hosts.

Ist Es Vorbei? The Downfall of Deutschland

While for years the German economy was touted as an example of national stability and industrial resilience, an impending political shake-up coincides with a new era of German decline. The 2008 financial crisis had much less effect on Germany than the rest of the world, and German dominance and safety was expected. A long history […]

Schiff on TWIM: Governments Gouge, Not Companies

Last week, Peter appeared on This Week in Mining with Jay Martin. They spend a good chunk of time discussing the logic (or illogic) or price controls, de-dollarization, and the possibility of a commodities boom in the post-COVID economy. This is Peter’s second appearance on Jay’s show this year. You can view his first interview […]

Powell’s Cut Signals Recession Is Coming

Fed chair Powell slammed the “panic button” this week. On Wednesday the Fed began a rate-cutting cycle in an environment of rising unemployment. This situation is historically associated with recession, but Powell is desperate for you to think that “this time is different.”