Peter's Blog

Goldman Sachs Suddenly Bullish on Gold

In his most recent podcast, Peter Schiff said gold could explode at any minute. Maybe the mainstream was listening because some big players, including Goldman Sachs, have suddenly turned bullish on gold. Commodity analysts at Goldman say they expect gold to “outperform” in the coming months due to an uptick in inflation and “increased risk” […]

Peter Schiff: Gold Could Explode at Any Minute

Last Thursday, the Dow Jones fell 724 points. It followed up with a 424 point decline on Friday. Meanwhile, the Nasdaq fell 2.43% Friday. Most analysts blamed the plunge on fear of an all-out trade war between the US and China. But the Federal Reserve rate hike on Wednesday also likely played a part in […]

Debt & Rising Interest Rates – Dynamite & Blasting Caps: SchiffGold Friday Gold Wrap 03.23.18

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: There’s Gold in Them There Nukes!

So, it kind of seems like we’re heading toward another Cold War. But the Russians have revealed a little secret that might derail the whole nuclear threat. Apparently, there is gold and silver in those nuclear missiles.

New Wyoming Legal Tender Law Recognizes Gold and Silver as Money

Gold and silver are money. But most governments treat precious metals like a commodity. They don’t accept it as payment. Worse than that, they tax it. Think about the absurdity of this policy. You don’t tax money! Fortunately, we’re beginning to see a shift. Many states are repealing taxes on gold and silver, and treating […]

Rising Financial Stress for Consumers Could Spark Gold Rally

Expectations that the Fed will continue and perhaps even quicken the pace of interest rates hikes have created headwinds for gold. But there another side to the rising interest rate phenomenon that a lot of people in the mainstream seem to be missing. According to a recent Bloomberg report, the prospect of a higher interest […]

Nope! Everything Is Not Great: SchiffGold Friday Gold Wrap 03.16.18

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: Oops!

Pro-tip – If you ever have to load 9.3 tons of gold, silver and platinum in an airplane, make sure you secure the load. I mean, tie it down good. You know, throw a few bungee chords over it. Or maybe a strap or two. Something. At least some rope. Because here’s a dirty little secret. Things […]

Buy King Dollar? Do You Really Want to Take Investment Advice From This Guy?

President Trump’s new economic adviser did an interview on CNBC’s Closing Bell Wednesday and offered a little investment advice. I would buy King Dollar and I would sell gold.” So, should you follow Larry Kudlow’s guidance? Of course, that’s up to you. But Kudlow doesn’t have the best track record when it comes to predicting […]

Turkey Continues Gold-Buying Spree in Quest for Independence from US Dollar

Turkey went on a gold-buying spree in 2017. That trend continued through the first two months of 2018 as the country continues to diversify away from foreign currencies – i.e. the dollar. Data released by Borsa Istanbul shows Turkey imported 44.47 tons of gold in January and 16.03 tons in February for a total of […]