Peter's Blog

Peter Schiff Potpourri: Oil, Bonds, Bitcoin, Tariffs and Guns

In his most recent podcast, Peter Schiff hit a number of subjects including oil prices, bond prices, Bitcoin, the dollar and tariffs. Peter said he thinks we’re seeing a lot of movement in a number of markets that are counter to the long-term trends. For instance, oil dropped late last week, but he expects it’s […]

A Debt Spiral: SchiffGold Friday Gold Wrap 05.25.18

The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week’s precious metals news coupled with thoughtful analysis. You can subscribe to the podcast on iTunes.

What Can the Tooth Fairy Tell Us About Inflation

Earlier this week, I shared a story about my wife finding a bag of change in the attic of her grandparent’s old house that turned out to be worth over $2,000. The dimes, quarters and half-dollars in the bag were all minted before 1965. In other words, they were all made primarily of silver. The […]

WGC Report: Weakening Dollar Tends to Support Rising Gold Price

Conventional wisdom holds that rising interest rates are bad for gold. The fact that the Federal Reserve has been nudging rates up over the last couple of years has accounted for a lot of the bearishness in the gold market. But the conventional wisdom doesn’t line up with the current reality. Even as the Fed […]

Peter Schiff: Enjoy the Calm Before the Storm

In his latest podcast, Peter Schiff said we are basically enjoying the calm before the storm right now. With the US missile strike in Syria, rumblings of a trade war and a generally weak dollar, gold briefly flirted with $1,365 last week. But the anticipation of Federal Reserve rate hikes continues to create strong headwinds […]

Turkish President Fires Another Shot in an Escalating War Against the Dollar

Turkey went on a gold-buying spree in 2017 and that trend continued in the first two months of 2018.  Turkish President Recep Tayyip Erdoğan likes gold and it’s pretty clear the president has been pushing Turkey’s central bank to buy gold and reduce foreign currency reserves in an effort to move away from dependence on […]

Peter Schiff: Nobody Is Prepared for the Long-Term Pain That’s Coming

The stock market continued its yo-yo ways on Friday. After three straight days of healthy gains, the Dow Jones Industrials fell 572 points to end the week, closing below 24,000. The Nasdaq also plunged, dropping 161 points. Peter Schiff has been saying for weeks this is a bear market. Well, now even Pres. Trump has said […]

Peter Schiff: In a Bear Market, All News Is Bad News

After rallying on Friday, stocks tanked on Monday, dropping over 450 points. In fact, it was the worst first day of the second quarter since the Great Depression. Most analysts blamed the plunge on the escalating trade war, but Peter Schiff has a different take. He said it was just another bad day in a bear […]

Three Reasons Gold Could Hit $1,500 in 2018

Yesterday, we reported that some of the big mainstream players in the investment world, including Goldman Sachs, have suddenly gone bullish on gold. They aren’t alone. US Global Investors CEO Frank Holmes said he thinks the yellow metal might hit $1,500 per ounce this year. Even with the headwinds caused by Federal Reserve monetary tightening, […]

Buy King Dollar? Do You Really Want to Take Investment Advice From This Guy?

President Trump’s new economic adviser did an interview on CNBC’s Closing Bell Wednesday and offered a little investment advice. I would buy King Dollar and I would sell gold.” So, should you follow Larry Kudlow’s guidance? Of course, that’s up to you. But Kudlow doesn’t have the best track record when it comes to predicting […]