Peter's Blog

Elevated Silver Delivery Volume Has Metal Leaving Comex Vaults

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 […]

Metals Tell the Truth About the Economy

Gold and silver are sniffing out the inflationary regime. Rising together, even after pullbacks, the historic run in precious metals is part of a desperate SOS signal for the economy. The Fed isn’t the only one printing money. Trump is floating plans for 50-year mortgages and payments for veterans, seeking any justification for “stimulus” that […]

New Gold-ETF Data: Record Inflows Fuel Metal’s Best Year Since 1979

Gold closed out 2025 in runaway mode, notching fresh all-time highs on 53 trading days and sprinting to an intraday peak of $4,514 per ounce on the year’s final Friday. The blistering rally ignited a historic rush into physically backed exchange-traded funds (ETFs), which absorbed a record $89 billion and more than doubled global assets […]

Schiff on Coindesk: Gold Ain’t Broke. Don’t Fix It.

Last week, Peter joined Jennifer Sanasie on the CoinDesk YouTube channel to push back against the crypto crowd and explain why he thinks gold—not Bitcoin—will be the long-term safe haven. He walks through how gold’s breakout in 2024 carried into 2025, why central banks are buying bullion, and what true sound money really means in […]

Will the Silver Boom Raise the Price of Tech?

Silver is booming. So, is Elon Musk right that the industrial need for silver will reveal that recent price action is only a bubble?  Or will the rise continue, raising the price of technology in the process? One of the downstream effects of higher silver prices could certainly be higher prices for other goods that […]

Schiff’s 2025 Recap: Buy Gold and Silver Now

In his post-Christmas 2025 recap, Peter walks listeners through the latest surge in precious metals and why he thinks now is the moment to act. He lays out a pattern of weekly rallies tied to Asia’s trading hours, contrasts the track record of gold and silver with speculative plays like Bitcoin and MicroStrategy, and warns […]

Peter Schiff: Silver Is the Big Story

On Thursday’s episode of the Peter Schiff Show, Peter lays out why precious metals are taking center stage while fiat currency policy unravels. He walks through surging silver prices, rising unemployment and shrinking manufacturing, a return to quantitative easing, the political choice for the next Fed chair, and an imminent crypto crash — all reasons […]

Gold and Silver: Fundamentally Strong but Technically Stretched

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). The last two technical analysis pieces have been spot on. […]

Why Silver is Outperforming Gold (Again)

Silver’s impressive gains have left it, yet again, outpacing gold by around 50% year-to-date. This is a common pattern for the metal, which has historically tended to outperform gold during certain stages of bull markets.  Just as silver has done before, it’s capitalizing on the same macroeconomic conditions that have been a boon for gold, […]

Modern Silver Bull Markets: 1970s to Today

Silver has been long-maligned as the “poor man’s gold,” but history shows that when it runs, it often outperforms gold by multiples. In fact, silver has delivered some of the most dramatic bull markets in modern financial history. As we watch silver gather momentum in the current cycle, it’s worth looking back at previous silver […]