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 […]

“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.

Trouble Ahead? The Gold-Oil Ratio Is Inching Back Up

The Gold-Oil ratio — which signifies how many barrels of oil you can buy with an ounce of gold — has been steadily rising since its dramatic COVID-era spike in April 2020. A high ratio tends to signify economic trouble and a weak dollar, since it demonstrates that gold has an even more dramatic rise […]

The “Biden Brand” Is Unconstitutional, Alleges House GOP Report

President Joe Biden committed “impeachable offenses” while in office, according to a hot-off-the-press report from the House GOP.

Peter Schiff: Kamala’s Policies Get Worse

On Friday’s episode, Peter focuses on the Harris campaign’s recently announced and economically illiterate policy proposals, including what are effectively price controls and additional subsidies to drive housing costs up. He also discusses what proved to be a great week for gold, with the metal finishing the week above $2500.

Haywire Trading Platforms Sabotaged “Black Monday” Retail Dip Buyers

With Monday’s global market sell-off triggered by a panic in Japan, investors logged into their stock trading platforms to buy (or sell) the dip through institutions like Charles Schwab, Fidelity, TD Ameritrade, Vanguard, E-Trade, and Wells Fargo to buy the dip. But whether these retail traders were planning on panic selling or scooping up discounted […]

Trump Assassination Attempt Sparks Gold Rush, Near-Record Prices

A shocking assassination attempt captured on video has left the nation reeling, prompting investors to jump on gold as a safe haven amid political and social crisis.

Markets, Watch Out: Russia Threatens Retaliations Against U.S.

“Retaliatory measures will definitely follow,” Kremlin officials promise the U.S. ambassador after a Ukrainian missile strike was allegedly conducted with U.S.-supplied weapons and intelligence.

Death of Iranian President Carries Gold, Copper to New Record Highs

Amid ongoing tension in the Middle East, Iranian President Ebrahim Raisi and the foreign minister have been confirmed dead Monday after a helicopter crash. The officials’ shocking demise casts additional investor doubt on a region already plagued by economic upheaval, with supply chain uncertainties fueling record-high metal prices this week.

Is the Comex Showing an Impending Price Spike in Silver?

The Comex report last month showed a lot of strength in gold which directly preceded a massive up move for the price of gold. The data is looking similar in silver this month!