Peter's Blog

2021 Says “Hold My Beer!” SchiffGold Friday Gold Wrap Jan. 8, 2021

Everybody was happy to get 2020 behind them. We figured it can’t get any crazier. Then 2021 showed up and said, “Hold my beer!” During the first full week of 2021, we had surprise election results and protests that went sideways in Washington D.C. That produced strange reactions on Wall Street. In this episode of […]

Peter Schiff: Congress Is the Real Threat, Not Protests

Somewhat lost in the chaos of the DC protests was the fact that Democrats won both Georgia Senate runoff races. That effectively gives the Democrats control of both houses of Congress. In his podcast, Peter Schiff made the case that Congress is the real threat to America, not the protesters who broke into the Capitol […]

American Gold Eagle Sales Up 455% in 2020

Demand for physical gold and silver surged last year as smart investors sought safe haven from a record-breaking expansion in the money supply, record federal budget deficits, and quantitative easing set to infinity. Sales of US gold and silver bullion coins at the US Mint hit a 4-year high in 2020.

America’s Dysfunctional Economy: Peter Schiff on Lions of Liberty

Peter Schiff appeared on the Lions of Liberty podcast with Marc Clair to look back at the Trump economy and ahead to what the Biden years might bring. Along the way, Peter and Marc talk about the stock market bubble, Peter’s move to Puerto Rico, the looming dollar collapse, and bitcoin.

Peter Schiff: Are Global Financial Markets Beginning to Decouple?

The first trading day of 2021 was, as Peter Schiff put it, “atypical.” In his first podcast of 2021, Peter analyzed the unusual day on Wall Street and explored a significant question: are we beginning to see the decoupling in the global financial markets that he’s been predicting for years?

Gold and Silver Chart Best Year in a Decade

The year 2020 will not go down as a banner year, but it was fantastic for gold and silver. Both metals charted their best years since 2010. On New Year’s Eve 2019, gold was trading at $1520.90. It closed the year at $1892.90 for a 24.5% gain.

Peace Out 2020! SchiffGold Friday Gold Wrap Dec. 31, 2020

The year 2020 is coming to a merciful end. As it was with pretty much everything, it was a nutty year for the economy and the precious metals markets. We all hope 2021 will be better, but it seems unlikely that it will be any less nutty. In this special Thursday episode of the Friday […]

Bloomberg Intelligence Projects $50 Silver in 2021

Saxo Bank recently projected silver will soar to $50 an ounce in 2021, powered by loose monetary policy along with the push for “green energy.” Bloomberg Intelligence is now making a similar call, saying silver will be “the primary metal” benefiting from electrification and quantitative easing in 2021. Gold set a new record earlier this […]

Welcome to My Fed Talk: SchiffGold Friday Gold Wrap Dec. 18, 2020

The Federal Reserve held its last meeting of the year this week. There were no big surprises policy-wise. But Jerome Powell and company made it clear that the easy-money spigot will remain wide open pumping trillions of dollars created out of thin air into the economy. In this episode of the Friday Gold Wrap podcast, […]

Physical Silver Investment Set to Surge 27% and Other Silver News

Investment in physical silver is expected to surge by 27% to 236.8 million ounces in 2020, a 5-year high. This was one of the highlights of the annual Interim Silver Market Review highlighted in the December issue of the Silver Institute’s Silver News.