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January 11, 2017Key Gold Headlines

The ‘Trump Bump’ Rallies Gold to 7-Week High

Donald Trump’s press conference gave gold a rollercoaster ride on Wednesday as prices hit a 6-week low ahead of the president-elect’s speech, only to rally back to its highest point in 7 weeks. Spot gold moved from $1,176.94 to $1,198.40, the highest since late November. Investors made a move into the yellow metal after the […]

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January 10, 2017Key Gold Headlines

Venezuelan President Raises Minimum Wage and Unemployment

In his weekly radio address to his citizens, Venezuela’s post-Hugo Chavez leader, President Nicolas Maduro, announced he would raise the minimum wage for the fifth time over the last year. The bump puts the minimum salary at 40,683 bolivars or $60 per month, according to Reuters. The new minimum wage represents a 322% cumulative increase […]

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January 9, 2017Key Gold Headlines

4 Ways Gold Accounts Beat Cryptocurrencies

In his latest podcast, Peter Schiff illustrates the important differences between cryptocurrencies like Bitcoin and a gold transaction account like Goldmoney when it comes to convenience and preserving wealth. Essentially, it comes down to the technological risks and the price volatility of the underlying currencies. Here’s a breakdown of Peter’s major points: Convenience One advantage […]

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January 6, 2017Key Gold Headlines

Fed Up Friday: Overly Cautious Fed Can’t Figure Out Trump

This week, the national debt edged closer to $20 trillion, double what it was at the beginning of Obama’s presidency. The FOMC minutes were also released from their latest meeting. As it turns out, the Federal Reserve just doesn’t know how Trump’s incoming presidency will affect the economy. Trump is Stumping the Federal Reserve Some […]

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January 3, 2017Key Gold Headlines

US Currency Crisis Coming in 2017

In his latest podcast, Peter Schiff lays out why optimism for the US dollar in 2017 is just wishful thinking. Trump’s tax cuts and increased spending are likely to create only a fraction of the stimulus most people expect, given the budget deficits and national debt we face. Investor hopes also reside with Trump’s tax […]

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December 29, 2016Key Gold Headlines

Top 5 Most Popular SchiffGold Stories of 2016

Along with its string of celebrity deaths, presidential comebacks, and populist political movements around the globe, 2016 will also be remembered as full of dramatic market changes. Because history tends to repeat itself, here’s a look back at the top five most popular Schiff gold blog posts of 2016 that may prove beneficial for investors […]

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