Peter's Blog

Peter Schiff: Jerome Powell Goes Uber-Dove, A Beautiful Environment for Gold

Last week, we saw more huge swings in US stock markets. On Thursday, stocks fell sharply, but they recaptured all the losses on Friday in the wake optimism about trade talks between the US and China,  of a strong December jobs report, and “dovish” comments by Federal Reserve Chair Jerome Powell. Peter Schiff hit on all […]

Russia Continues to Add Gold to Its Reserves; Seeks to Minimize Dollar Exposure

Russia added another 36.6 tons of gold to its reserves in November, according to the latest data released by the World Gold Council. This follows on the heels of a 29.9-ton increase to its hoard in October and a 37.8-ton increase in September.

Fun on Friday: How to Win the New Year’s Resolution Game

You know how to win the New Year’s resolutions game? Don’t make any. It’s as simple as that. As the saying goes, don’t make promises you can’t keep. Don’t write checks your willpower can’t cash. Don’t overplay your hand. This strategy has certainly worked for me.

Gold Wins 2018 and Fatal Conceit: Friday Gold Wrap 1.4.19

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.

Looking Back; Moving Ahead: Friday Gold Wrap 12.28.18

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: Wait, What? He Wasn’t Looking for Silver and Gold?

Rudolph the Red Nose Reindeer is my favorite Christmas special. And Yukon Cornelious is one of my favorite characters in the show. I mean what’s not to like, right? He’s a man’s man. He openly carries a gun. He travels with cornmeal and gunpowder and ham hocks and guitar strings. And he’s always on the […]

Daddy Is Still Taking the Punch Bowl Away: Friday Gold Wrap 12.21.18

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.

Officials Break Ground for Construction of Texas Bullion Depository

Last week, officials broke ground for construction of the country’s first state gold depository in Texas. The creation of the Texas Bullion Depository represents a power-shift away from the federal government, provides a mechanism for the state to establish a higher level of economic independence, and sets the foundation to undermine the Federal Reserve’s monopoly on money.

How Much Gold Do the Chinese Have?

How much gold does China really have? The short answer is we don’t really know. Officially, the Chinese central bank’s reserves stand at 1,842.6 tons. But the People’s Bank of China has not announced an increase in its gold hoard since October 2016. But it has almost certainly added gold to its reserves since then. Just […]

Fun on Friday: Extreme Bling

Bling isn’t really my thing. But a lot of people enjoy sporting gold jewelry. Well, a 36-year-old businessman in Vietnam takes bling to a whole new level. Tran Ngoc Phuc wears a total of 13kg of gold wherever he goes. If you don’t have your kilograms to pounds calculator handy, that about 28.7 pounds of […]