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Original Analysis

POSTED ON May 25, 2017  - POSTED IN Original Analysis

For the past decade, Mike Pung has scoured the Oklahoma hills and rivers in search of gold.

From what he told Tulsa’s Channel 8, it hasn’t exactly proven to be a fruitful venture.

You know, I’ve been in this for 10 years now, and I have never found a nugget, ever.”

But for Pung and other members of  of the Gold Prospectors of Oklahoma City, gold hunting is a labor of love. They spend hours panning in Oklahoma rivers and sifting piles of dirt in hope of finding even the tiniest flakes of gold. After all that work, you may need a magnifying glass to examine the haul. Nevertheless, Gary Whited said the thrill of the find is hard to even explain. He said even a speck can make you feel like you made your way into Fort Knox.

POSTED ON May 22, 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.

In my previous article, Being a Good Financial Steward: A Lesson from the Parable of Talents, I encouraged readers to follow the example of the good servants by finding a return on their precious metals. The good servants traded their talents (literally weights in gold and silver) in order to gain more talents.

And unto one he gave five talents, to another two, and to another one; to every man according to his several ability; and straightway took his journey. Then he that had received the five talents went and traded with the same, and made them other five talents. And likewise he that had received two, he also gained other two.” Matthew 25:15-17

While it’s not clear what activities were in involved in the trading of these talents, we are confident that the good servants were productive. (Matthew 25:20) Comparing this with the bad servant who simply dug his talent in the ground out of fear readers are given clear examples of both productive and unproductive financial stewardship.

POSTED ON May 17, 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.

 

Economic growth came in at a tepid 0.7% in the first quarter of 2017. Nevertheless, officials at the Federal Reserve continue to insist the economy is strong. They held interest rates steady in April, but insisted hikes were still on the table. In fact, the Atlanta Fed forecast Q2 growth to come in at over 4%. 

Peter Schiff called the Atlanta Fed’s prediction “crazy,” nothing that they are starting out with a much higher estimate for Q2 than they had in Q1, despite having all of this information about how weak the economy was in Q1 that they didn’t have a few months ago. 

And that’s the crux of the matter. The actual economic data doesn’t support the economic optimism, nor the Fed’s monetary policy. In this in-depth analysis of the current economic and policy climate, Dan Kruz makes a strong case against the policymakers’ optimism.

POSTED ON May 2, 2017  - POSTED IN Original Analysis

Economic bubbles are an important concept for any investor to grasp because they result in drastic price corrections of a commodity, security, bond, etc. Recent examples include the Dot-Com bubble of the 1990’s or the Housing Bubble of 2008, which kicked off the Great Recession. But what are economic bubbles and why do they form in the first place? Understanding how to spot them is the key strategy for any successful investor who wants to know when to sell an asset or short a stock.

POSTED ON April 29, 2017  - POSTED IN Original Analysis

With Trumps first 100 days in office coming tomorrow, the mainstream media is abuzz with proclamations of failure. In terms of real numbers, the first 100 days of any president represents around 7% of their overall term. Some are questioning whether its fair to judge a new president from such a small sample. Trump himself has called the 100-day standard an artificial barrier, adding it was not very meaningful in a Twitter post.

Despite its meaning or arbitrariness, 100 days is a standard nevertheless. Mainstream media will, no doubt, comb over Trumps executive orders, the healthcare fail, and administrative missteps. However, other perspectives exist to help precious metals investors learn from the past 100 days and plan for future market volatility that can affect the price of gold.

POSTED ON April 19, 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.
A few months ago I spoke with a woman who challenged my profession in precious metals. “Don’t you know gold can be created from lead?” she said. She then informed me that the best thing to do in the coming years was to avoid the purchase of precious metals, fiercely warning me of a coming gold collapse. “There will be a mass production of gold!” she hung up the phone before I had a chance to respond.

POSTED ON April 18, 2017  - POSTED IN Original Analysis

Joel BaumanThis article was submitted by Matt Malleo, SchiffGold Precious Metals Specialist and Managing Director. Matt was formally educated at Cornell University where he studied business. Any views expressed are his own and do not necessarily reflect the views of Peter Schiff or SchiffGold.

The following is a fictional account of a day-in-the-life of a teenage boy named Mike Stockton living in 1967. Mike’s story is recorded as a set of entries made in his financial diary, outlining his economic activity, a summer night date, and his hopes of buying the car of his dreams.

POSTED ON April 4, 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.

Like the tale of the Good Samaritan or the Unfruitful Fig Tree, the Parable of Talents is one Christ’s teachings to his disciples to instruct them of God’s will for Man’s life. Traditional Christian interpretation of the “Parable of Talents” sees it as a didactic and cautionary tale told by Christ to his disciples illustrating the importance of taking risks for the sake of the Kingdom of God. Christ warns his followers to use their personal gifts or “talents” to further God’s work. Failure to do so appropriately would result in severe judgment.

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.

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