Peter's Blog

What Can the Tooth Fairy Tell Us About Inflation

Earlier this week, I shared a story about my wife finding a bag of change in the attic of her grandparent’s old house that turned out to be worth over $2,000. The dimes, quarters and half-dollars in the bag were all minted before 1965. In other words, they were all made primarily of silver. The […]

Peter Schiff: Look Out for the Mother of All Busts

The US economy is now technically in the second-longest recovery in history. If it continues another 14 months, it will eclipse the longest recovery, which took place in the 1990s. As Peter Schiff pointed out in his latest podcast, the Federal Reserve pulled out all the stops in the 1990s to keep the recovery going. […]

Short-Term or Long-Term: Gold Has Done What It’s Supposed To

  Last month, US Global Investors CEO Frank Holmes offered three reasons he thinks the gold might hit $1,500 per ounce this year. His number one reason was rising inflation. In a recent interview on Bloomberg Radio, Holmes reiterated that high inflation looks good for gold in the near future. He also pointed out that whether you […]

Fed’s Underlying Inflation Measure Close to 12-Year High

Inflation is low – so we’re told. But this simply isn’t true. Now, it is true that the consumer price index (CPI) has remained relatively low. But rising prices aren’t in-and-of themselves inflation. In fact, we can have inflation without a corresponding rise in CPI – at least in the short-term. That’s exactly what we’ve […]

Frank Holmes Is Bullish on Gold: It’s Outperformed the S&P 500 (Video)

Last month, US Global Investors CEO Frank Holmes said he thinks gold may well hit $1,500 this year. He listed the specter of increasing inflation, a weakening dollar, and income growth in China and India as three reasons to be bullish on the yellow metal. This week, Holmes appeared on CNBC’s Squawk Box and continued to […]

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, […]

Peter Schiff: Jerome Powell Engaging in “Open-Mouth” Operations

The Federal Reserve followed its script yesterday and raised interest rates another 25 basis points. But the central bankers did surprise some people by hinting at just two more hikes this year. Analysts have been fixated on the possibility of four 2018 rate increases. The Fed’s slightly more dovish tone on rate hikes sent gold […]

Peter Schiff: Trump Is No Reagan; Powell Is No Volker

The dollar has shown some resilience this week. The dollar index clawed back after hitting multi-year lows last week. Meanwhile, gold saw its worst single-day decline in more than a year on Tuesday. One thing that hasn’t changed is the upward pressure on bond yields. In his most recent podcast, Peter Schiff said he thinks this […]

Ron Paul: When It Comes to Inflation the Mainstream Is All Mixed Up (Video)

Inflation came in hotter than expected at 2.1%. A CNBC report said the number “pushes the economy toward a potential danger zone for inflation.” Analysts had expected January inflation to come in at 0.3, after being up by 0.1 the previous month. Instead, the December number was revised up to 0.2 and January came in at 0.5. […]

Debt, Debt and More Debt: SchiffGold Friday Gold Wrap 02.16.18

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.