Peter's Blog

Bill Introduced in Congress to Eliminate Capital Gain Taxes on the Sale of Gold and Silver Bullion

A bill introduced in the US House would eliminate capital gains taxes on gold and silver bullion. Rep. Alex Mooney (R-W.Va.) introduced HR6790 on Sept. 12. Titled the Monetary Metals Tax Neutrality Act of 2018, the legislation would amend the IRS code to exempt the sale of “refined gold or silver bullion, coins, bars, rounds, or […]

Jim Rickards: The Slow-Motion Meltdown

Sept. 15 marked the 10-year anniversary of the Lehman Brothers bankruptcy. Many investors undoubtedly remember that day clearly. But as Jim Rickards pointed out in a recent article at the Daily Reckoning, that day was actually the culmination of a long meltdown. Investors should have seen it coming. In fact, they could have seen it coming […]

Gold Could Help Us Find Space Aliens

Could gold help us find space aliens? It just might! NASA’s James Webb Space Telescope (JWST) is scheduled to launch into space in 2021. NASA claims the $10 billion telescope will allow scientists to “look back in time to see the very first galaxies that formed in the early Universe.” And thanks to its golden […]

Federal Debt Spiral: SchiffGold Friday Gold Wrap 09.14.18

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.

Fun on Friday: Don’t Buy Gold from These Guys

I’m a pretty cynical person. And I don’t really trust people. To call me skeptical would be an understatement. I’m the guy who wastes time Googling an even slightly sketchy sounding story posted on Facebook to see if it’s really true. So, I don’t think I would be very easy to scam. Now, I’m not […]

Dollar Worries Spur Central Banks to Buy Gold

For the last 10 years, central banks have been on a gold-buying spree. At least some of them have. On net, central banks globally added 193.3 tons of gold during the first half of 2018, according to World Gold Council data. That represents an 8% increase over 2017. The last time we saw this kind of […]

Could China Kill the Dollar? Max Keiser and Alasdair Macleod Talk About a Post-Dollar World (Video)

Countries like Russia, China and Iran have been looking for ways to limit their dependence on the US dollar for years. More recently, we’ve even seen American allies looking to de-dollarize the world. Last month, German foreign minister Heiko Maas called for the creation of a new payments system independent of the United States. It’s gotten to […]

Gold in Tech: Gold Helps Reveal Defects in 3-D Printed Objects

3D printing is a rapidly evolving technology that could potentially change the world like the internet did. People are most familiar with 3-D printing due to the controversy surrounding 3D printed firearms. But the technology can be used to produce everything from tiny precision components to houses. Now gold has a role to play in […]

Peter Schiff: I Think This Is Going to Be the Perfect Storm for Gold

When the New York Times published an op-ed from a White House insider claiming there are people inside the Trump administration actively working to undermine the president, the markets shrugged it off. In fact, as Peter Schiff said in a recent interview on thestreet.com, the markets are shrugging pretty much everything off. Everything is bullish as […]

Is It 2008 2.0? SchiffGold Friday Gold Wrap 09.07.18

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.