Peter's Blog

Stimulus, Inflation and More Inflation: SchiffGold Friday Gold Wrap Podcast March 12, 2021

Do you feel stimulated? Congress got the deal done on a $1.9 trillion stimulus package this week. But the markets continue to behave as if there is no inflation threat with all this borrowing, spending and money printing. On this week’s Friday Gold Wrap, host Mike Maharrey breaks down the stimulus bill. He tells you […]

Precious Metals Imports Into US Hit 19-Year High in 2020

Imports into the US of gold, silver and other precious metals surged last year. The value of precious metals pouring into the US hit a 19-year high in 2020 and doubled the volume of 2019, according to an analysis of census trade data by USA TODAY.

Fun on Friday: Would You Steal From This Dude?

Do you know what’s pretty ballsy? Stealing from a professional wrestler. Yeah, I know pro wrestling is fake. (No, really, it is.) But that doesn’t change the fact that pro wrestlers are big, strong athletes. In fact, before he went into fake wrestling, Kurt Angle was a real wrestler and won an Olympic gold medal […]

At Least Somebody Gets It! SchiffGold Friday Gold Wrap Podcast March 5, 2021

Gold faced more selling pressure this week as the mainstream continues to labor under the misguided notion that the Federal Reserve is going to tighten monetary policy sooner than expected to deal with inflation. Friday Gold Wrap podcast host Mike Maharrey has been arguing the Fed is not going to tighten; it’s going to ramp […]

Silver Demand in Auto Industry Expected to Surge and Other Silver News

The use of silver in the automotive sector is expected to surge in the coming years, according to the feature story in this month’s edition of the Silver Institute’s Silver News. With modern cars using more silver than ever in their advanced technology components, analysts project the auto industry will likely need nearly 90 million […]

Go Big on Silver With 1,000-Ounce Bars

Silver enjoyed a moment in the sun when the Reddit investors turned their attention to the white metal. Silver has since faded from the headlines but it remains an attractive investment option. As one portfolio manager put it, sub-30-dollar silver “is the most attractive macro-economic asset in the world.” For investors who want to go […]

Peter Schiff: The Only Thing the Economy Has Going for It Is the Fed

Last week, Peter Schiff appeared on NTD News to talk about the Federal Reserve’s increasing dovishness. He said despite all of the assurances from Jerome Powell that the central bank’s monetary policy isn’t stoking inflation, the economy and the dollar are both at risk for collapse. The Fed is the only thing standing in the […]

Digging Truth Out of the Lies: SchiffGold Friday Gold Wrap Feb. 26, 2021

Jerome Powell was on Capitol Hill this week (at least virtually) to talk to Congress. During his two days of testimony, the Fed chair insisted that there is no inflation. In fact, he claimed it will take years for the central bank to reach its 2% target. SchiffGold Friday Gold Wrap podcast host Mike Maharrey […]

Kansas Bill Would Make Gold and Silver Legal Tender in the State

A bill introduced in the Kansas House would recognize gold and silver specie as legal tender and repeal all taxes levied on it. The legislation would pave the way for Kansans to use gold and silver in everyday transactions, a foundational step for the people to undermine the Federal Reserve’s monopoly on money.

Translating Fed-Speak: SchiffGold Friday Gold Wrap Podcast Feb. 19, 2021

The Federal Reserve released the minutes from its January meeting this week. It featured some pretty thick Fed-speak. In this episode of the Friday Gold Wrap podcast, host Mike Maharrey translates and tells you what the Fed is telling you about inflation. He also talks about why he thinks gold and silver are both struggling […]