Peter’s Blog

CME Clearing Europe Accepts Gold as Collateral PRNewswire – CME Clearing Europe, the sister shop of CME Clearing (US), has broadened the range of collateral it is willing accept to cover margin requirements to include gold. In its own words: “The extension offers additional flexibility at a time when high quality collateral is at a […]

In his video blog post from Friday, Peter Schiff dissects the latest jobs report numbers and explains how the misleading data proves that the Fed’s quantitative easing isn’t working. Whether they blame Syria or disappointing economic data, Peter expects the Fed to make excuses to continue its stimulus. He spells out why physical gold will […]

By Peter Schiff Summer is traditionally a slow season for precious metals, but this summer started with a rout. In the last week of June, gold and silver hit 2-year lows of $1,192 and $18.61 respectively. Fortunately, after staggering along the lows, the precious metals are off to the races once more – with gold […]

By Dickson Buchanon With gold recouping some losses in its most recent trading sessions, many are asking whether or not the bottom has finally formed for the yellow metal. Most of these gains have been simply chalked up to short-covering and dovish remarks by Bernanke during the recent Federal Open Market Committee meetings; however, there […]

By Peter Schiff I’ve been emphasizing for months that the current correction in the gold price is a result of speculative money fleeing the market and not any reflection of gold’s long-term fundamentals. Unfortunately, there is so much money to be made (and lost) by day trading that my cautions have once again fallen on […]

In an excerpt from his radio show on Wednesday, Peter Schiff looks at the latest international data on median household incomes. It may surprise you that America is not anywhere close to #1, despite being known as the land of prosperity and opportunity. [Obama’s] got a new concept, ‘the middle out’. He wants to grow […]

Tekoa Da Silva of Bull Market Thinking interviewed Peter Schiff last week about the ugly reality that faces the economy when the Fed’s quantitative easing backfires. [The Fed] pretends that there is an exit strategy, knowing that exit is impossible. They just have to maintain the pretense as long as they can before the market […]

In his most recent video blog, Peter Schiff explains how the bankruptcy of Detroit is a microcosm of the what is happening on a larger scale with the entire US. He also explains how frightening it is that Ben Bernanke admitted that he doesn’t understand gold. [Bernanke is] the head of a central bank. Gold […]

If you missed Ben Bernanke’s testimony last week, you can listen to Peter Schiff tear apart the lies of the Fed Chairman in this short video from The Peter Schiff Show. [Bernanke] doesn’t see any difference between normal monetary policy and the quantitative easing that he’s doing now, these extraordinary measures? He said, ‘I don’t […]

By Peter Schiff I am a well-known “gold bug” because of my strongly voiced opinion that gold has been one of the best assets for protecting yourself from the US dollar’s prolonged decline. Lately, the precious metals have taken a beating, and I’ve been called to defend gold’s future prospects in the media countless times. […]