Peter's Blog

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.

Warning Bell? China May Stop Buying US Debt

Ding. They say bells never ring when markets hit the top. But maybe they do and people just don’t listen. Yesterday, Bloomberg reported China may slow or even stop its purchase of US Treasuries. In other words, a major source of US government debt financing may be pulling out. This comes at the same time […]

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 […]

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.

Economic Stimulus Alive and Kicking in EU

Janet Yellen and company pretty much followed the script during last week’s Federal Open Market Committee meeting, raising interest rates another .25 percent and signaling three rate hikes in 2018. We tend to focus primarily on Federal Reserve actions, but it’s important to remember the Fed isn’t the only central bank game in town. While it […]

Interest Rate Hikes and Gold – Buy the Fact: SchiffGold Friday Gold Wrap 12.15.17

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.

FOMC Meeting: Yellen Follows Her Script

The December Federal Open Market Committee meeting went pretty much according to scrip. Analysts widely expected the Fed to raise rates by .25. It did. Analysts also expected the Fed to signal three more hikes in 2018. It did that too. Gold went up, as we said it probably would, hitting a one-week high in […]

Gold and Rising Interest Rates: Selling the Rumor, Buying the Fact

The Federal Reserve is widely expected to nudge interest rates up again this week. Most analysts agree that the specter of a rate hike is one of the primary reasons gold has slumped over the last several weeks. But are rising interests rates really bad for gold? The short answer is no. At least not […]

What Happens to the Federal Debt If the Bond Bubble Pops?

Earlier this month, Mint Capital strategist Bill Blain warned that the bond bubble is about to burst. A crash in the bond market would likely take stocks down with it, but there is another impact that is less obvious. It could have a huge impact on the United States’ ability to finance its massive debt.

Trusting the Fed: Will the White Knight Save the Day?

As we reported last week, investors are in an era of “irrational exuberance.” The US stock market is at all-time highs. Meanwhile, market volatility is at lows not seen since the 1990s. In an odd juxtaposition of seemingly contradictory points of view, investors realize the market is overvalued, but at the same time, they believe it […]