Peter's Blog

Comex Results: Why Is December So Quiet?

While the data this month looks weak, I think there is more to the story. My hypothesis is speculative in nature, so I will save it for the end after going through the data.

A Thanksgiving Story You Probably Didn’t Learn in School: SchiffGold Friday Gold Wrap Nov. 25, 2022

There are a lot of things they didn’t teach you in school. In this episode of the Friday Gold Wrap, host Mike Maharrey tells you a Thanksgiving story you’ve probably never heard before – at least not from your school teacher. He also touches on the Fed minutes that came out this week that seem […]

Money Supply Growth Rate Sees an Epic Divergence from Previous Years

Seasonally Adjusted Money Supply in October was negative for a third consecutive month, coming in at -$88B. This came on the heels of the largest drop in Money Supply ever last month.

Comex Update: The Gold Shorts are Delaying Delivery

Slowly but surely, physical supplies of gold and silver are being drained from the Comex. This has put pressure on the system. We are now seeing that pressure manifest itself in the data.

The Technical Picture: Can the Metals Hold Support?

The price analysis last month suggested that more time was needed for a sustainable rally. It concluded: It looks like this market will turn sooner or later. Still, though, support has become resistance so the market has some work ahead of itself. Medium to long-term investors should feel very confident buying at current prices, even if […]

Silver Demand on Pace for Record Year

Silver demand is on pace to hit record levels in 2022, driven by new highs for physical investment, industrial demand, jewelry, and silverware production, according to the Silver Institute’s Interim Silver Market Review.

Comex Vaults See Seventh Straight Month of Outflows

Gold and silver continue to flow out of the COMEX vaults. This analysis focuses on gold and silver within the Comex/CME futures exchange. See the article What is the Comex? for more detail. The charts and tables below specifically analyze the physical stock/inventory data at the Comex to show the physical movement of metal into and out […]

The Pain Is Real! SchiffGold Friday Gold Wrap Nov. 18, 2022

People in the financial media tend to talk about inflation as an academic exercise. As a result, it’s easy to forget that rising prices cause real pain for real people. And Americans are feeling that pain today. In this episode of the Friday Gold Wrap podcast, host Mike Maharrey highlights some ways inflation is impacting […]

Get Up to 30% More Silver Free!

If you are holding American Silver Eagles, this is a great time to exchange them for silver bars and walk away with a lot more silver.

Bitcoin Hodlers: Time is Running Out to Convert Nothing into Something

Three key takeaways: For weeks, the Bitcoin market has looked propped up by the whales, especially after the recent FTX disaster. Bitcoin hodlers should strongly consider moving into gold, silver, or at least Ether. Full disclosure, I have a complicated relationship with Crypto.