Peter's Blog

How Socialism Nearly Wiped Out the Pilgrims: SchiffGold Friday Gold Wrap 11.23.18

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: Black Edition

Well, today is Black Friday. Since 2005, the day after Thanksgiving has marked the busiest shopping day of the year. I know a lot of people who treat today like a holiday. They even have Black Friday traditions. I actually have some friends who meet at 3 a.m. on Black Friday for breakfast and then hit […]

About Those Tax Cut Savings…

Your Trump tax cut isn’t going to be quite as big as you might have thought. According to a report by the Wall Street Journal, a new inflation measurement included in the GOP plan and recently implemented by the IRS will cut into your tax cut savings in 2019. Ron Paul warned you about this […]

Desperate Venezuelans Illegally Mining Gold in World-Renowned National Park

Venezuelans have turned to illegally mining gold just to survive. The Pemon people are native to the region containing Canaima National Park. If you saw the movie Up, you’re familiar with this area. The 500 million-year-old pillars of erosion in the park inspired scenery in the movie. The park also contains world-famous Angel Falls. But with hyperinflation gripping […]

Peter Schiff: The Confidence Bubble Has Popped

Yesterday was another bad Monday on Wall Street. The Dow Jones dropped nearly 400 points and the NASDAQ fell deeper into “correction territory,” dropping another 3%. All five “FAANG” stocks closed in bear territory. These are the tech stocks that have propelled the long bull market. The NASDAQ is down 12.5% this quarter. Apple’s announcement […]

Gold in Tech: Stitch Me Up Doc

We continue to see new innovations using gold in the field of healthcare. The next time you have surgery or cut yourself, doctors could close you up with a substance using the yellow metal.

Peter Schiff: When Everything Blows, Gold Is Going Ballistic

Peter Schiff appeared on RT Boom Bust last week to talk about gold and silver. He said the time to buy is right now! Precious metals are going up in the long run and the long run may be here sooner than people think.

US Government Posts Another Big Deficit in October

The federal government ended up fiscal 2018 with the largest budget deficit since 2012. Based on the most recent US Treasury Department projections, that doesn’t look to slow down in fiscal 2019. 

Fun on Friday: When Your Gold Roof Goes Bad

A few months ago, during a major downpour, I noticed water drip, drip, dripping onto the floor of my guest bedroom. I put a bucket under it and climbed into the attic, horror clawing at the edges of my mind. Was I about to need a new roof? If you’re a homeowner, you probably share […]

Building Houses on Rotten Foundations: SchiffGold Friday Gold Wrap 11.16.18

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.