Peter's Blog

Gold in Tech: Sensors Using Gold Wire Could Open the Door to Real-Time Health Diagnosis

A new tech development using gold could help doctors diagnose and manage health issues in real-time. Scientists at Australian National University developed the tiny, wearable optical sensors. The device is 50 times thinner than a human hair. Researchers told Printed Electronics World that the sensors combine very small gold nanostructures with semiconductors.  Scientists say the […]

Gold In Tech: Tiny Golden ‘Robots’ Can Cleanse Your Blood

It’s like something out of a sci-fi movie – tiny robots zipping around through your veins zapping dangerous microbes. Except this isn’t some fictional scenario out of a Star Trek movie. It’s real-life technology thanks to gold. Scientists have developed gold “robots” coated with a membrane that neutralizes dangerous pathogens such as MRSA. This is […]

Gold Could Play Key Role in Cancer Treatment

In recent years, gold has been increasingly valued for its use in various technological applications. In a report late last year, the World Gold Council reported the demand for gold in the technology sector has been growing since 2016 and that growth is continuing to accelerate due to new innovations. Some of the most amazing developments utilizing […]

They Once Were Blind; Now They See Thanks to Gold

Last week, Peter Schiff was a guest with Nicholas Merten of DataDash. In comparing and contrasting Bitcoin and gold, Peter brought up the fact that gold has intrinsic value outside of its use as money. People want to own gold because of its unique qualities. The reason gold became money in the first place is […]

Demand for Gold in Technology Sector Expected to Rise

We think of platinum and palladium as the “industrial metals,” but in 2016, there was more gold used in industrial applications than either of these two metals. According to a report released by the World Gold Council, demand for gold in electronics has been growing since the fourth quarter of 2016. On top of that, […]

Technology Sector Has a Growing Appetite for Gold; Demand Up 3%

The amount of gold used in the technology sector grew for the fourth consecutive quarter, according to the latest demand report by the World Gold Council. Tech industries consumed 67.3 tons of gold in Q3, a 3% increase year-on-year. Demand for memory chips served as a primary driver for increased industrial gold consumption.