Peter's Blog

ETF Gold Holdings Rise for 11th Straight Month, Set New Record

Global ETF gold holdings rose for the 11th straight month in October, setting yet another new record at 3,899 tons valued at $235 billion.

Peter Schiff: The Inflation Tax Will Decimate Many Portfolios

Last week, Peter Schiff appeared on The Claman Countdown on Fox Business along with Mark Matson, founder and CEO of Matson Money, to talk about where to invest with this overpriced stock market. Peter said the big danger is inflation and it will decimate a lot of portfolios.

Meanwhile Back at the Fed: SchiffGold Friday Gold Wrap Nov. 6, 2020

All eyes have been on the presidential election this week. It’s still not clear who will win – although it’s looking more like a Biden victory. Meanwhile, the Federal Reserve held its November meeting this week. In this episode of the Friday Gold Wrap podcast, host Mike Maharrey offers some analysis of both the election […]

Russia’s Second-Largest Bank Betting on Gold

Russia’s second-largest bank is betting on gold to boost profits in the midst of the COVID-19 pandemic and global economic slowdown. According to a Bloomberg report, VTB Bank has prioritized gold trading in addition to lending to gold mining companies.

Peter Schiff: People Should Be Buying Gold as a Response to the Election

It looks like Joe Biden will ultimately win the presidential election, although it will likely be weeks before all of the official votes are in and the legal wrangling could go on even longer. One thing that is clear is that the polls were horribly wrong. They were projecting a Biden landslide. If Trump did […]

How Will the Next President Impact Gold?

How will the outcome of the US election impact the price of gold moving forward? Of course, there is no way to know for sure. US politics is just one of the myriad factors that influence the gold market and you never know how things will play out. But there are reasons to believe the […]

Peter Schiff: The Worst Pre-Election Stock Market Ever

The US stock market is coming off its worst week since March. It was also the worst pre-election stock market in history. In his latest podcast, Peter talked about the market, the election and what’s likely ahead.

Fun on Friday: The Haunted Gold Mine

Halloween tomorrow. Seems like a good time for a spooky gold story.

GDP Reality Check: SchiffGold Friday Gold Wrap Oct. 30, 2020

Gold and silver have had a tough week. So have stocks. In a lot of ways, it looked like March all over again, with worries about increasing COVID-19 cases and new lockdowns.  But then we got the Q3 GDP number and that injected a dose of optimism. In this episode of the Friday Gold Wrap […]

Is It March All Over Again?

It looks like March all over again. Pretty much everything except dollars sold off yesterday. The Dow Jones was down 943 points. The S&P 500 dropped by 3.53%. The Nasdaq plummeted by 426 points.  It was panic selling as markets fretted about the rise in COVID-19 cases, new lockdowns in Europe, and the lack of […]