Peter's Blog

The Mainstream Has Turned Bullish on Gold; Jim Grant Has Better Reasons Why You Should

After Federal Reserve Chair Jerome Powell released a dovish trial balloon last week, hinting we could be close to an end of the interest rate tightening cycle, the mainstream has suddenly turned bullish on gold. A recent Bloomberg article proclaimed, “Gold may be poised to rally as speculation mounts that the Federal Reserve will hit the […]

Regulatory Changes in India Could Boost Gold Market

Last week, there was some significant news out of India that could further boost the country’s gold market. The Indian government will now allow banks to engage in gold bullion business – including holding, buying, selling, hedging and leveraging the yellow metal. Under current rules, banks can only serve as a consignment or channeling agent […]

Northern Irish Investors Buying Gold Amidst Fears of Brexit-Induced Crisis

Northern Irish investors are buying gold and lots of it as a safe-haven in the midst of Brexit uncertainty. Merrion Vaults, a leading Irish supplier of gold and precious metals storage services, said the number of clients from Northern Ireland purchasing and storing gold in the Republic of Ireland has increased by 70% this year.

Fun on Friday: Yeah? So?

Every morning, I get up and peruse the latest gold news. As part of that process, I just Google the word “gold.” I find a lot of useful articles that way. But I also have to filter through a lot of extraneous stuff – headlines like “Australian Bicycle Team Wins Gold Medal.” Anyway, I generally […]

The Powell Put: SchiffGold Friday Gold Wrap 11.30.18

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.

Fed Chair Releases Dovish Trial Balloon; Says Interest Rates Are Close to “Neutral”

Stocks rallied and the price of gold got a bounce after Federal Reserve Chair Jerome Powell released a dovish trial balloon on Wednesday. During a speech at the Economic Club of New York, Powell seemed to indicate interest rates are “just below the broad range of estimates of the level that would be neutral for […]

Protect Your Retirement from the Raging Bears

In a recent appearance on RT Boom Bust, Peter Schiff emphasized the stock market bubble has burst and we are already in a bear market. This is early in this bear market. It’s very young and unfortunately, it’s going to be very long-lived. I think this is going to be similar, if not worse, than the […]

Desperate Venezuelans Illegally Mining Gold in World-Renowned National Park

Venezuelans have turned to illegally mining gold just to survive. The Pemon people are native to the region containing Canaima National Park. If you saw the movie Up, you’re familiar with this area. The 500 million-year-old pillars of erosion in the park inspired scenery in the movie. The park also contains world-famous Angel Falls. But with hyperinflation gripping […]

Gold in Tech: Stitch Me Up Doc

We continue to see new innovations using gold in the field of healthcare. The next time you have surgery or cut yourself, doctors could close you up with a substance using the yellow metal.

Peter Schiff: When Everything Blows, Gold Is Going Ballistic

Peter Schiff appeared on RT Boom Bust last week to talk about gold and silver. He said the time to buy is right now! Precious metals are going up in the long run and the long run may be here sooner than people think.