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ETF Gold Holdings Back on the Upswing in January
After two consecutive months of outflows, gold-backed ETFs became net buyers of gold again last month. Gold-backed funds added 13.8 tons of gold to their holdings globally, driven by inflows in Europe-based funds, according to the latest data from the World Gold Council.

Peter Schiff: Ugly Ducklings Became the Darlings of Wall Street
The tale of GameStop has much more to say about the current state of investing.” The central idea in the classic Mel Brooks comedy “The Producers” is that unscrupulous Broadway impresarios could succeed fabulously by creating a play so uniquely awful that it would close on its first day. Their idea was to oversubscribe shares […]

Fundamentally Speaking: SchiffGold Friday Gold Wrap Feb. 5, 2021
It’s been a crazy, volatile week for precious metals. The Reddit Raiders pushed silver to over $29 an ounce and the white metal took gold up with it. But the run was short-lived and we saw a big sell-off in both metals later in the week. In this episode of the Friday Gold Wrap, host […]

US Mint Reports “Exceptional” Demand for Gold and Silver Coins in January
Last year’s surge in demand for investment gold and silver continued into January if sales at the US Mint are any indication. American Gold Eagle bullion coin sales were up 455% in 2020 and the selling continued through the first month of 2021. The mint called the current market demand for precious metals coins “exceptional.”

Peter Schiff: You Can’t Compare GameStop and Silver
On Monday, Feb. 1, Peter appeared on NTD Business to talk about the attempted short squeeze on GameStop and silver. He said we shouldn’t compare GameStop stock to silver. Unlike GameStop, there are fundamentally sound reasons to buy silver, with or without the endorsement of the Reddit traders. When the Reddit Raiders turned their attention […]

Focus on Fundamentals: Gold Supply Dropped Sharply in 2020
Total gold supply fell 4% year-on-year in 2020 to 4,644 tons. It was the largest annual decline since 2013, according to data from the World Gold Council. The decline was primarily driven by disruptions in mine production due to the COVID-19 pandemic. Gold mine output fell 4% on the year. More significantly, it marked the […]

Peter Schiff: SchiffGold Becomes SchiffSilver
The Reddit Raiders turned their eyes toward silver over the weekend. Interest in the white metal sparked a surge in retail demand and pushed the spot price of silver briefly over $29 an ounce. As Peter Schiff put it, the Reddit Riders were riding silver instead of piling into heavily shorted stocks. But how should […]

Three Reasons to Be Bullish on Silver With or Without Reddit Raiders
Silver is getting a lot of attention right now thanks to the so-called Reddit Raiders. But as Peter Schiff pointed out in a recent podcast, silver is a fantastic buy right now even absent the attention of message board investors. In fact, silver was poised to go up even before the Reddit crowd looked its […]

Peter Schiff: Reddit Raiders Ride Silver
As of Monday morning, the Reddit Raiders had driven silver to a 6-month high of over $29 an ounce. Peter Schiff talked about what’s going on in the silver market on his podcast Friday. He said that silver is a great buy right now, with or without the attention of the Reddit message boards.

A Real Game Stopper: SchiffGold Friday Gold Wrap Jan. 29, 2021
If you follow the markets at all, you’ve heard about the big surge in GameStop stock driven at least in part by retail investors informed by social media. Now the Reddit investors have turned their eyes to silver. In this episode of the Friday Gold Wrap podcast, host Mike Maharrey breaks down the GameStop phenomenon […]