Peter's Blog

Crypto Crash Sparks Rush into Gold

The crypto crash earlier this week sparked a run to gold. Regulatory concerns set off the panic. Bitcoin fell below $10,000 for a time, and other cryptocurrencies saw precipitous drops. Crypto markets appeared to have stabilized Thursday morning, with Bitcoin back up over $11,000. The sudden plunge served as a reminder of the extreme volatility […]

Crypto Crash

Bitcoin dropped below $10,000 for a short time Wednesday (Jan. 17) as a selloff sparked by increased talk of government regulation spooked the market.

Peak Gold? South Africa Mines Could Be Out of Gold in 39 Years

South Africa may run out of gold within four decades, according to the Environmental Economic Accounts Compendium published by African Statistics Day. Analysts say that at current production levels, South Africa has only 39 years of accessible gold reserves remaining. This is significant considering South Africa ranks as the number five gold producing country in the world, […]

World Gold Council Report Highlights Four Trends to Watch in 2018

The World Gold Council has released a report highlighting four market trends that will impact gold in the coming year. Although the WGC tends to embrace a pretty mainstream economic point of view, there is some good food for thought in the report, and some reason to be bullish on gold in 2018. The WGC […]

Gold Is an Economic Lifeline for Vietnamese People

We write a lot about India because people in the country love gold. Even the poor buy gold in India. Indians value gold as a store of wealth, especially in poor rural regions. Two-thirds of India’s gold demand comes from these areas, where the vast majority of people live outside the official tax system. Gold is […]

Gold Is Defying Conventional Wisdom; Maybe Conventional Wisdom Is Wrong

If you believe the conventional wisdom, gold should be languishing right now. It isn’t. People are buying gold. So, what gives? Could it be that the conventional wisdom is wrong?

Ominous Signs from China and Strong Gold Demand: SchiffGold Friday Gold Wrap 01.12.18

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.

Gold Has Outperformed Most Major Assets Since December Rate Hike

In the weeks leading up to the December Federal Reserve rate hike, the price of gold fell and most mainstream analysts were bearish on the yellow metal. After all, rising interest rates are bad for gold. right? But we took a contrarian position, saying the negative relationship between rising interest rates and the price of gold […]

US Gold Market Saw a Deficit in 2017

The US gold market went into a deficit last year despite sluggish American demand, according to analysis by SRSrocco.

A Look Back at 2017: SchiffGold Friday Gold Wrap 12.29.17

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.