Peter's Blog

Seven Things that Drove Gold News in 2017

On Dec. 31, 2016, the price of gold stood at 1,156.00. Today, it is knocking on the $1,300 mark. The yellow metal is on track to gain about 12% in 2017, its best year since 2010. Gold has made these gains despite a number headwinds that we would expect to put a significant drag on gold. […]

Tax Cuts! But We’re Still Going to Pay: SchiffGold Friday Gold Wrap 12.22.17

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.

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.

Some Key Reasons Gold Should Shine in 2018

The last few weeks have been tough on gold. If you have a short-term mentality, you might even think the gold market has gone bearish. But as World Gold Council chief market strategist John Reade pointed out in a piece he wrote for the December issue of WGC Gold Investor, 2017 has been good for […]

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 […]

Peter Schiff Talks Gold, Silver and Bitcoin (Video)

Peter Schiff recently appeared on RT Boom Bust to talk gold and silver. Gold has struggled over the last few weeks with a looming Federal Reserve rate hike and the specter of tax cuts on the horizon weighing precious metals down. Peter said he thinks this is something of a seasonal lull and he expects […]

Crypto vs. Gold: Gold Has Value Unto Itself

Bitcoin mania is in full force. When I get to my desk in the morning, the first thing I do is check the latest gold news. But lately, when I google the word “gold,” I mostly get Bitcoin news. In his most recent podcast, Peter Schiff even suggested CNBC should rename its network the “Crypto News […]

Gold Can Unify Us Across the Great Political Divide

There is one thing Republicans and Democrats should agree about – buy gold. But like everything else, the yellow metal has become politicized. If you believe the stereotype, only people on the right buy gold. A recent article by Martin Tiller at Nasdaq.com highlighted the phenomenon.

Metals Expert: Gold Breakout on the Horizon

Since pushing above $1,300 in late August and then falling back below that level again in September, gold has been trading within a very narrow range and volatility in the market has remained low. But during an interview on CNBC Futures Now, metals expert Michael Dudas of Vertical Research said he sees a breakout on the horizon.

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.