Peter's Blog

Peter Schiff: Oil Price Drop Will Be Short-Lived

Oil prices crashed early this week as Russia and Saudi Arabia launched a full-blown price war. The big drop in the price of oil pulled stocks down yet again, with the Dow Jones losing over 2,000 points. But in an interview on RT, Peter Schiff said he thought the drop in oil would prove to […]

ETF Gold Holdings Set Yet Another Record

ETF gold holdings set yet another record high in February, according to the latest data from the World Gold Council. Global gold-backed added another 84.5 tons of gold last month, boosting holdings to an all-time high of 3,033 tons.

Rate Cut and Market Madness: SchiffGold Friday Gold Wrap March 6

It’s been a roller-coaster ride on Wall Steet. Stocks whipsawed up and down — mostly down. Gold dipped and then rebounded. And the Fed cut rates in a move that looked an awful lot like a replay of 2008. In this episode of the Friday Gold Wrap podcast, host Mike Maharrey gives an overview of […]

Peter Schiff: Fed Stimulus Overdose Will Propel Gold to New Highs

After the worst week since 2008, the stock market rallied on Monday on the hope of central bank stimulus. In his March 2 podcast, Peter Schiff said he doesn’t think the Fed’s easy money can keep the air in the stock market bubble. But the stimulus overdose will likely propel gold to new highs.

The Biggest Gold Nugget Ever Found

Last year, an Australian family found a gold nugget just laying on the ground. Needless to say, this doesn’t happen every day. In fact, finding a gold nugget is quite unusual – even a small one. But every once in a while, somebody discovers a massive nugget. The biggest nugget ever discovered was over 600 […]

What Happened to Gold’s Safe-Haven Bid?

The US stock market continued its freefall last Friday. The Dow lost another 357 points to finish off the worst week since 2008. One would expect a safe-haven like gold to thrive in the midst of the massive stock selloff, but it had a bad day on Friday as well crashing through the $1,600 mark […]

The Greatest Hearts of Gold

This week, we’ve given you the greatest gold quotes of all time and the greatest gold art of all time. How about wrapping up the week with the biggest gold hearts of all time? Continuing our series of contests with Roy Sebag, we gave away another one-ounce gold coin. For this contest, Roy asked folks […]

Is Coronavirus the Pin that Pricked the Bubble? SchiffGold Friday Gold Wrap Feb. 28, 2020

It’s been a wild ride on Wall Street this week — all downhill. Stocks entered correction territory Thursday and are on track for the worst week since the 2008 financial crisis. As Peter has put it, this stock market is a bubble looking for a pin. Is the coronavirus the pin? In this episode of […]

The Greatest Gold Art of All Time

People treasure gold and they have for millennia. As a result, the yellow metal has found its way into some of the world’s great literature. Yesterday, we shared with you some of the greatest gold quotes of all time, gleaned from a contest we ran with Roy Sebag. The winner walked away with a one-ounce […]

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.