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Original Analysis

POSTED ON March 3, 2017  - POSTED IN Original Analysis

On Thursday Bitcoin gained parity with gold for the first time, only to surpass it shortly after. The cryptocurrency reached a high of $1281.21 by 1 p.m. EST on the BTCUSD exchange, according to MarketWatch. The mainstream media is likely to hype the story, inspiring many to sing the praises of Bitcoin as a better investment than gold or other precious metals.

But before you trade your gold coins or silver bullion for Bitcoin, remember that cryptocurrencies have little in common to precious metals when it comes to value and volatility. Goldmoney contributor, Stefan Weiler, explains the problems of comparing precious metals vs cryptocurrencies.

POSTED ON February 24, 2017  - POSTED IN Original Analysis

Joel BaumanThis article was submitted by Joel Bauman, SchiffGold Precious Metals Specialist. Any views expressed are his own and do not necessarily reflect the views of Peter Schiff or SchiffGold.

Today marks silver’s ninth consecutive week of higher nominal prices. Short coverings from yesterday’s rally is the reason behind silver’s higher price today. Commodity traders have been looking at the chart below and deeming silver as overbought. This is seen in the large short interest for silver, meaning traders are betting against silver’s price by shorting the market. Across silver futures, ETF’s, and OTC markets, there has been an increase in short positions.

POSTED ON February 16, 2017  - POSTED IN Original Analysis

Dan_Kurz_CFADan Kurz is a CFA with over two decades experience working in Zurich, Switzerland as a thematic strategist for Credit Suisse CIO Office. Dan’s site, DK Analytics, offers deep and broad analysis at the macro and micro level.

 

Spearheaded by legislative efforts in Utah, Texas, and Oklahoma, a substantial number of states have undertaken efforts to reinstitute gold and silver as money (according to the hyperlink-based sources, 24 have made efforts).  Numerous states are increasingly concerned about the nation’s Fed-based fiat monetary system, which debases the dollar, enables protracted, yawning deficit spending and trade deficits, and runs up huge, unpayable debts. With Utah, Texas, and Oklahoma blazing a trail back to constitutional money, states such as Louisiana, Arizona, South Carolina, and Kansas have been inspired to once again make gold and silver legal tender with which to conduct commerce in their jurisdictions.

POSTED ON February 15, 2017  - POSTED IN Original Analysis

Joel BaumanThis article was submitted by Joel Bauman, SchiffGold Precious Metals Specialist. Any views expressed are his own and do not necessarily reflect the views of Peter Schiff or SchiffGold.

This article is a comprehensive breakdown on SchiffGold’s most bought/sold silver products. I give my personal comments on each product and I give a brief final analysis to help buyers pinpoint the exact product that meets their goals and objectives.

Additionally, I wrote this for buyers seeking to take delivery or possession within the United States. International markets value some products differently. For clients seeking international silver holdings I recommend talking to your precious metals specialist.

POSTED ON February 2, 2017  - POSTED IN Original Analysis

Joel BaumanThis article was submitted by Joel Bauman, SchiffGold Precious Metals Specialist. Any views expressed are his own and do not necessarily reflect the views of Peter Schiff or SchiffGold.

One of the wisest questions any potential buyer can ask before they purchase an asset is, “How much would I receive if I sold this asset or product today?” In other words, “What is the bid on this asset?” Answering this one question alone can save an individual from making a foolish purchase.

Wise buyers understand the fundamental dynamics of the market. They are aware there is no single price for any product or asset. Instead, there is an “ask” price and a “bid” price.

The “ask price” (aka the “offer”) is the lowest price a prospective seller is willing to accept. The bid price is less intuitive. The bid is the highest price a prospective buyer is willing to pay for a product or asset.

Dealers create a market by simultaneously acting as sellers and buyers. Dealers earn a profit via buying an asset at the bid price and selling at the ask price.

Here is an example of a dealer quoting the bid and ask price for a contract of the Dow Jones Industrial Average also called “the Dow”:

POSTED ON January 24, 2017  - POSTED IN Original Analysis

Joel BaumanThis article was submitted by Joel Bauman, SchiffGold Precious Metals Specialist. Any views expressed are his own and do not necessarily reflect the views of Peter Schiff or SchiffGold.

 

From the gold and silver in Solomon’s temple to heaven’s streets of pure gold, there are more than 700 references to these two precious metals in the Bible. As relevant and desired as gold and silver are today throughout most cultures, they have a much older and timeless context within the Bible. When examining scripture, a reader can draw three critical characteristics about gold and silver: their divine origin, intrinsic value, and monetary quality.

POSTED ON January 5, 2017  - POSTED IN Original Analysis

dan_kurzDan Kurz is a CFA with over two decades experience working in Zurich, Switzerland as a thematic strategist for Credit Suisse CIO Office. Dan’s site, DK Analytics, offers deep and broad analysis at the macro and micro level.

 

Gold per troy ounce (toz or oz) in $ terms has slumped by a whopping 11% since the November 8, 2016 election. The dollar’s trade-weighted value, meanwhile, has risen by 4% over the same period, while the value of the 10-year Treasury has fallen by a considerable 6% and the S&P 500 has rallied by 6%. What happened? In a nutshell, perception changed. Traders bet on more fiscal stimulus-based growth, lower corporate taxes, higher federal deficits, higher nominal interest rates, and higher inflation, so stocks went up, bonds went down, and the buck went up.

POSTED ON December 22, 2016  - POSTED IN Original Analysis

Buying gold and silver is a unique experience. There’s something very personal and profound about transforming your wealth into physical precious metals. At SchiffGold, my brokers and I understand the passion our customers bring to their investment portfolios. That’s why we built a brokerage service that’s customized, professional, and discrete. Help us continue to provide exceptional service. Take a moment to fill out our anonymous customer survey.

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POSTED ON December 12, 2016  - POSTED IN Original Analysis

The United States of America was founded on the principals of limited government and sound money.  Today we have neither.  The growth of the former has largely been a function of its ability to abolish the latter.  A dollar was original defined as a specific weight of gold or silver, and the Constitution limited the power of the states to make anything other than gold or silver legal tender.   As the Federal Government was given no power to make anything legal tender, and since the Federal Government only has those powers expressly granted to it by the Constitution, gold and silver are still the only Constitutional forms of money authorized in the United States.
peter schiff standing in front of an American flag