Peter's Blog

Living in the Shadow of a Volcano: The US National Debt in Perspective

Every once in a while, a mainstream news outlet publishes a piece about the national debt. Here and there, politicians trot out the surging debt as a talking point to make some political hay. Now and then, an economist will wave the red flag. But by-and-large, the national debt just kind of looms over us. […]

Gold Continues to Flow into ETFs with European Funds Leading the Way

After surging in August and September, inflows of gold into gold-backed ETFs flattened, but remained in positive territory in October. Global gold-backed ETF funds added 3.3 tons of gold last month, as inflows into European funds offset outflows in North America. according to the latest report by the World Gold Council. 

Optimistic Signs in Indian Gold Market Despite Q3 Demand Drop

If you saw the headlines last week, you know overall global gold demand fell steeply in the third quarter of this year. But as we reported, there was a lot of good news for gold buried beneath the gloomy headlines. Slumping Q3 gold demand in India was a big driver in the overall global decline, but […]

Peter Schiff: The Bubble Keeps Getting Bigger (Video)

Peter Schiff recently appeared on The Street with Scott Gamm to talk about the stock market. Peter’s analysis was simple and succinct. Well, the bubble keeps getting bigger.”

Good News Behind Gloomy Gold Headlines: SchiffGold Friday Gold Wrap 11.10.17

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: The Woman with Gold Hands

For this installment of Fun on Friday, I was planning on telling you all about a $9,000 ball of yarn. But this morning, I found something even better.

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.

New Boss Same as the Old Boss: Powell Is Closer to Schumer than Trump

Jerome Powell will take the reins of the Federal Reserve next year. After all the speculation about big changes at the Fed with Trump in the White House, it appears the new boss is pretty much the same as the old boss. So much for draining the swamp. Powell is a swamp creature. As Peter […]

Looking Beyond the Headlines: Demand for Physical Gold Is Healthy

If you’ve perused the mainstream headlines today, you’ve probably read that overall gold demand fell to an 8-year low last quarter. This was primarily due to a steep drop in inflows into gold ETFs compared to last year, and sagging jewelry demand in India after the implementation of a new tax scheme. But despite the […]

Deficits Could Undercut Benefit of Tax Cuts

During a recent interview with Investing News Network, Peter Schiff reiterated something he’s been saying for the last several months. The stock market is still a big, fat, ugly bubble, and misplaced optimism continues to blow it up. [Pres Trump has] accomplished blowing more air into a stock market bubble that already existed before he […]