Peter's Blog

Peter Schiff: Gold Is Living Up to Its Reputation

As turmoil continues in the markets with stocks selling off due to continued fears over coronavirus and its potential economic impact, Peter Schiff says gold is doing exactly what it’s supposed to do — serving as a safe haven and a store of value.

SchiffGold Now Accepts Ethereum Cryptocurrency

SchiffGold can now accept the Ethereum cryptocurrency as a method of payment for gold and silver. This is great news for investors looking to diversify their cryptocurrency portfolio with precious metals. For details on how to buy gold or silver using bitcoin, bitcoin cash or Ethereum, click HERE.

Bitcoin Is a Replacement for Gold? Not So Much

A recent video ad produced by a digital currency asset company titled “Drop Gold” created some waves on social media last week. The ad encourages investors to drop gold from their portfolios and replace it with digital currencies such as Bitcoin. “In a digital world, gold shouldn’t weigh down your portfolio,” the ad proclaims. But […]

Investors Ditching Bitcoin for Gold

Bitcoin investors are selling cryptocurrency and buying gold, according to a number of investment analysts. “I do think that Bitcoin pulled a little bit of demand away from gold last year, in 2017,” Jan Van Eck told CNBC’s ETF Edge last week. “Interestingly, we just polled 4,000 bitcoin investors and their number one investment for 2019 is […]

What’s Up With Precious Metals? It’s Your Dime Interview With Precious Metals Expert Chris Blasi

What’s going on in precious metals markets? Is a recession looming? If so, what does that mean for gold and silver? In this episode of It’s Your Dime, Mike Maharrey talks to precious metals and investment expert Chris Blasi about these questions and much more.

Bitcoin Roasted Like a Thanksgiving Turkey, Drops 40% in Two-Week Span

Bitcoin dropped below $4,000 as a massive selloff in the cryptocurrency market continued over the Thanksgiving weekend. The price of a bitcoin fell as low as $3,604 during the sell-off. It has lost some 80% of its value from highs reached late last year when the price of bitcoin eclipsed $20,000. Bitcoin has fallen 40% in […]

Peter Schiff: The Confidence Bubble Has Popped

Yesterday was another bad Monday on Wall Street. The Dow Jones dropped nearly 400 points and the NASDAQ fell deeper into “correction territory,” dropping another 3%. All five “FAANG” stocks closed in bear territory. These are the tech stocks that have propelled the long bull market. The NASDAQ is down 12.5% this quarter. Apple’s announcement […]

Peter Schiff: We’ve Had a Sale on Gold for a Long Time; It’s About to End

The stock market has been rocked over the last week but gold has rallied.  In his most recent podcast, Peter called gold “the real standout in the market.” The price of gold finally woke up — or traders work up and notice how cheap gold is.”

Peter Schiff Explains Why We Could See $5,000 Gold (Video)

Could we be heading toward $5,000 gold? Last week, there was a big sell-off in the bond market. Yields on the 10-year Treasury soared 11 basis points in one day. Global stock markets sold off the following morning and US stock markets followed suit. This week, things really got really ugly on Wall Street. The […]

Paul Krugman Proclaims “Gold Is Dead!” Says Even Bitcoin Has More Utility

Paul Krugman said gold is dead. In fact, “Bitcoin has more utility than gold,” according to the popular lefty economist. Krugman made the comments at ChainXChange, a blockchain artificial intelligence and innovation conference in Las Vegas.