Peter's Blog

Fun on Friday: Who the Heck Is She?

One day, a kid and his dad were walking along the shore of Battery Park in New York City. Looking out across the water, the kid spies the Statue of Liberty in the distance. “Hey dad,” the kid says, tugging on his father’s arm with one hand, pointing at the statue with the other. “Is […]

Alabama Bill Would Exempt Gold and Silver Bullion from Sales Tax; Help Encourage Its Use as Money

A bill prefiled in the Alabama House for the 2018 session would exempt the purchase of gold and silver bullion from state sales and use tax, encouraging its use and taking the first step toward breaking the Federal Reserve’s monopoly on money. Rep. Ronald Johnson (R-Sylacauga) prefiled House Bill 19 (HB19). The legislation would exempt the gross […]

Silver on Sale! Take Advantage of the Buying Opportunity

The price of silver is at extremely low levels compared to gold. That makes this a perfect time to invest in the white metal. Indians seem to recognize this buying opportunity. According to the Economic Times, silver demand was up 15% during this Dhanteras and Diwali festival season on increased purchases of coins, idols, and silverware. Analysts […]

Who’s Next at the Fed & What of Inflation? SchiffGold Friday Gold Wrap Podcast Oct. 20, 2017

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.

Is Bitcoin the New Gold? Goldman Doesn’t Think So

A recent note to clients authored by Goldman Sachs analysts, including Jeffrey Currie and Michael Hinds, emphasized the continuing importance of gold and silver to investors, saying precious metals remain a relevant asset class in modern portfolios. The report focused on precious metals’ durability and intrinsic value, noting they are neither a historic accident nor a relic, even with […]

Is Silver Set to Soar?

Could silver be set to soar? Analysts Barron’s spoke with recently think so. An article published on the business journal’s website last week predicted the white metal will emerge as a winner for the second straight year. With a per-ounce price of $17.41 for silver futures as of Friday, analysts say the white metal is […]

Gold’s Rebound and Thoughts on Crypto: SchiffGold Friday Gold Wrap Podcast Oct. 13, 2017

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.

Fun on Friday: Excrement of the Gods

The Aztecs described gold as the “excrement of the gods.” Apparently, it’s also the excrement of mere mortals. In a widely circulated story, the Swiss Federal Institute of Aquatic Science and Technology (EAWAG) reports that about $3.6 million in gold and silver are lost each year in wastewater and sludge discharged from Swiss wastewater plants each […]

Bitcoin or Gold? Do I have to Pick Just One?

People seem to enjoy pitting gold and Bitcoin against each other. But do I really have to pick just one? While cryptocurrency and precious metals have many similarities, in many ways they are polar opposites. And you can have both.

The Fed’s Runaway Train and an Opportunity to Buy: SchiffGold Friday Gold Wrap Podcast Oct. 6, 2017

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.