Peter's Blog
Get the latest headlines, market analysis, and original content from SchiffGold.
Posts Tagged: “Bank of America“
Massive Bank of America Paper Losses Underscore Problems in the Banking System
Four months after the failure of Silicon Valley Bank and Signature Bank, the financial crisis sparked by Federal Reserve rate hikes continues to simmer under the surface. As of the end of the first quarter, Bank of America had over $100 billion in unrealized losses on its bond portfolio. This is the exact problem that […]
Exclusive Weekly Email Updates
Peter Schiffs's Gold News
Original Analysis
Videos
Interviews
Guest Commentaries
Key Gold Headlines
Gold Scams Exposed
Exploring FinanceCOMEX: Bank of America Backstops Strong Delivery Volume in Silver
As we round out August in the COMEX, gold delivery was strong and silver was dominated by the odd mechanizations of Bank of America.
Comex Countdown: BofA House Strikes Back
An article earlier this month reviewed the massive volume of physical metal leaving the bank House accounts over the last two years. December 2021 finished the year off with a massive drawdown in House account inventories. While the drawdown continues across most accounts, Bank of America has tried to recoup some of the physical metal that […]
The Fed Can’t Print Gold
The mainstream just went super-bullish on gold. Bank of America raised its 18-month price target to $3,000 per ounce in a report titled, “The Fed Can’t Print Gold.”
Some Mainstream Bullishness for Gold
Some people out there in the mainstream are saying now is the time to buy gold. In recent months, the mainstream investment world has by and large either ignored the yellow metal or outright spurned it. After all, stocks are soaring. The economy is doing “great.” There’s nothing to worry about — at least that’s […]
Stock Market Bubble Floating on Currents of “Irrational Exuberance”
Last week, Peter Schiff did an interview on The Street and talked about the US stock market, saying, “Well, the bubble keeps getting bigger.” We’ve been talking about this ballooning bubble for months. After a while, it’s easy to blow us off as pessimistic contrarians who just don’t get it. But amazingly, large numbers of […]