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Posts Tagged: “Gold Prices“

Recession Bells Ring Louder as Conference Board’s LEI Sinks
The U.S. economy’s “early-warning siren” just grew louder. The Conference Board reported Monday that its Leading Economic Index (LEI) fell 0.3 percent in June to 98.8—a level not seen since 2020. The decline extends the LEI’s losing streak to 18 of the last 19 months and pushes its six-month drop to 2.8 percent. With the […]

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Canada-Mexico Trade War Already Over as Gold Hits Record Highs
Just like that, Trump’s trade war with Canada and Mexico has already ended (or at least been “paused”) before it even began. With gold hitting record new highs and the second Trump administration not even a month old, you can bet it won’t be the first “Trump Shock” to send waves through markets and media.

Peter Schiff: The Dollar Takes a Dip
On Friday, Peter went live to discuss the first trading week of Donald Trump’s second term. Throughout the episode, he describes the dangers of excessive consumption and how global investment in AI might sedate the economy in the short run. He also explains the recent drop in the U.S. dollar and gives his unfiltered take […]

Gold Rallies as December Inflation Prompts Unease
Gold futures soared on the back of yesterday’s December’s Consumer Price Index (CPI) data, climbing by $29.50 (1.10%) to settle at $2,722.60 for the most active February contract. The U.S. Bureau of Labor Statistics revealed that overall inflation rose 0.4% in December—exceeding November’s 0.3% pace and slightly above economists’ consensus of 0.3%. On an annual […]

Trump’s Victory Leads to Gold Price Boom
As Trump’s tariff gambit reshapes the economic landscape, gold has emerged as an unexpected winner.

Why Did COMEX and DXY Start Trading Together?
Gold suddenly appears momentarily correlated with the US Dollar Index (DXY). How can gold, a store of value and inflation hedge against dollar inflation, be following the price movements of the same inflationary currency it’s supposed to be protecting you from?

CFTC CoTs Report: Froth Leaves the Markets in a Healthy Consolidation
Please note: the CoTs report was published 12/30/2024 for the period ending 12/24/2024. “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 […]

Schiff on CapitalCosm: The West Needs to Wake Up
On Thursday, Peter joined Danny at CapitalCosm for an interview. They explore several timely financial topics, including the unprecedented highs in gold prices and the corresponding drops in fiat currencies. Peter critiques the Federal Reserve’s policies and how they fostered America’s dependency on debt and fiat money. They also discuss BRICS countries’ move away from […]

Schiff w/ Mitchell: Fed Policy is Backfiring
Earlier this week, Peter joined Mark Mitchell on his podcast for a conversation on economics and monetary policy. They dive into the economic challenges facing the United States, focusing on structural issues like inflation, debt, and currency devaluation. Peter draws attention to the overlooked surge in gold prices, contrasting it with Bitcoin’s media spotlight, and […]

Peter Schiff: Gold is Exposing the Phony Economy
On Tuesday’s episode, Peter covered a record setting week for gold and a stellar week for silver. With the metals nearly cresting $2800 and $35, respectively, Peter sees this price action as confirmation that the Fed’s recent rate cuts are a mistake. Politicians may love inflation, and the media is oblivious, but the metals markets […]

Schiff with Burack: Even 2008 is Preferable to 2024
Last Tuesday, Jason Burack, host of “Wall St for Main St,” interviewed Peter. They cover the state of gold and silver markets, the similarities between 2024 and 2008, and the flaws with government data. Peter also predicts a return to QE-style Fed policy in the near future.