Peter's Blog

The CME Comex is the Exchange where futures are traded for gold, silver, and other commodities. The CME also allows futures buyers to turn their contracts into physical metal through delivery. You can find more detail on the CME here (e.g., vault types, major/minor months, delivery explanation, historical data, etc.). The data below looks at […]

As the United States prepares to commemorate its 250th anniversary, Americans will celebrate the nation’s founding with pageantry, parades, pomp and patriotism. Loving one’s country of birth and taking pride in its independence-inspired origins, praiseworthy accomplishments, and laudable legacy is a natural inclination and respectable trait. Similar celebration and reverence shouldn’t apply to the dollar, […]

Please note: the CoTs report was published 06/26/2026 for the period ending 06/23/2026. “Managed Money” and “Hedge Funds” are used interchangeably. The Commitment of Traders report is a weekly publication that shows the breakdown of ownership in the Futures market. For every contract, there is a long and a short, so the net positioning will […]

The following analysis breaks down the Fed balance sheet in detail. It shows different parts of the balance sheet and how those amounts have changed. It also shows historical interest rate trends. Breaking Down the Balance Sheet As soon as the Fed ended Quantitative Tightening they launched a new round of Quantitative Easing. As shown […]

The CME Comex is the Exchange where futures are traded for gold, silver, and other commodities. The CME also allows futures buyers to turn their contracts into physical metal through delivery. You can find more detail on the CME here (e.g., vault types, major/minor months, delivery explanation, historical data, etc.). The data below looks at […]

Technical Analysis of Gold and Silver This analysis attempts to look at different metrics to understand the current momentum in the gold and silver markets. It is meant as an analysis on potential price direction in the very short-term (a few weeks to 1-2 months). In Q4, the technical analysis was strongly calling for a […]

Central banks are not easing off the gold pedal. According to the World Gold Council’s newly released 2026 Central Bank Gold Reserves Survey, monetary authorities have been snapping up an average of 1,000 tonnes of bullion annually over the past four years– double the pace seen in the prior decade. Nearly nine in ten survey […]

On June 17th, the Federal Open Market Committee (FOMC) kept its federal-funds-rate target at 3.50–3.75 percent, repeating its wait-and-see stance even as headline inflation refuses to retreat to the central bank’s two-percent objective. In a unanimous 12–0 vote, policymakers argued that U.S. growth “is expanding at a solid pace” and promised, in their words, “The […]

On Friday’s episode of The Peter Schiff Show, Peter walks listeners through the fiscal and monetary forces that make inflation all but inevitable. He ties together soaring debt service, a bubble-driven stock market, wartime spending, and misguided corporate Bitcoin bets to argue that sound money and precious metals are the sensible hedge right now. He […]

Inflation’s embers flared again in May, dashing hopes that last year’s price scare was fading. The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.5 percent for the month, lifting the headline rate to 4.2 percent year-over-year and marking a second straight acceleration. Energy was the chief culprit, and the renewed heat pushed safe-haven […]