Peter's Blog

Stock Market Bears and Gold Bulls: SchiffGold Friday Gold Wrap 03.30.18

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.

Fun on Friday: Thief Steals Bottle Made from Six Pounds of Gold; Drinks Vodka

I used to work in local news. We covered “breaking news,” which roughly translates to “robbery, wreck, fire!” Not necessarily in that order. Becuase of our razor-sharp focus on flashy lights and screechy sirens, police scanner chatter was a ubiquitous presence in the newsroom. You gotta know where the cops and firefighters are going if […]

Gold Price Action Observations and a Look Ahead

This article was written by Joel Bauman, SchiffGold Senior Precious Metals Specialist. Any views expressed are his own and do not necessarily reflect the views of Peter Schiff or SchiffGold.  The article focuses on the gold market through the lens of technical analysis. Technical analysis is a subjective form of study based on historical price patterns. The […]

Three Reasons Gold Could Hit $1,500 in 2018

Yesterday, we reported that some of the big mainstream players in the investment world, including Goldman Sachs, have suddenly gone bullish on gold. They aren’t alone. US Global Investors CEO Frank Holmes said he thinks the yellow metal might hit $1,500 per ounce this year. Even with the headwinds caused by Federal Reserve monetary tightening, […]

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 […]