Peter’s Blog

This is not an April Fools’ Day joke! These are the winners in Peter Schiff’s Gold Giveaway. Winners collected more than $4,500 worth of prizes, including gold coins, silver bars, and books signed by Peter Schiff. These lucky people were drawn at random from all of the entries submitted.

This article was submitted by Addison Quale, SchiffGold Precious Metals Specialist. Any views expressed are his own and do not necessarily reflect the views of Peter Schiff or SchiffGold. Perhaps you are familiar with David Stockman and his mind-bogglingly long in-depth economic analyses topped off with blustery bombastic titles. Clearly, he’s an incredibly smart guy, […]

The Russians have launched into a gold buying spree. Based on recently released International Monetary Fund numbers reported at Mining.com., the Russian central bank ranked as the world’s leading gold buyer in February, adding 356,000 ounces to its reserves: Last December, Russia announced plans to increase its gold reserves to $500 billion within the next […]

When we talk about increasing gold demand, the focus tends to fall on Asia. Earlier this week, we reported surging investor demand for the yellow metal in China. The Japanese have also gone on a gold buying spree since that country’s central bank plunged interest rates into negative territory. But it isn’t just Asians who […]

This article was written by Dickson Buchanan, SchiffGold Precious Metals Specialist. Any views expressed are his own and do not necessarily reflect the views of Peter Schiff or SchiffGold. Central Banks are under the mistaken belief that negative interest rates could be the magic kiss which turns their toad economics into Prince Charmings.  Why exactly […]

You may have heard that you can’t purchase more than $10,000 worth of gold without it being reported to the IRS. This is a myth. You can avoid IRS reporting requirements, even on large-scale purchases. You just have to know the rules. Our brand new Guide to Tax-Free Gold and Silver Buying provides the information you need to […]

This 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. Unfortunately, too few people remember or know of the story of MF Global Inc. MF Global was one of the most respected primary dealers for stock, […]

Generally speaking, rising prices tend to temper demand, but when it comes to gold in China, the recent price rally has created the opposite effect. As the Wall Street Journal put it, “Chinese investors see a golden opportunity.” Demand for gold has surged in China over the last several weeks, during a period generally considered […]

The feds recently released new data on student loan debt. The Department of Education press release claimed it showed “promising repayment trends.” If these latest numbers are good news, I’d hate to see the bad. As the Foundation for Economic Education (FEE) pointed out in its blog, total student loan debt increased at a healthy […]

The conventional knock on gold is that it is inconvenient and expensive to hold, and doesn’t provide yield. But as Albert K Lu shows in his latest Gold Videocast, in a world of negative interest rates, this argument is becoming applicable to cash. For instance, the world’s second largest reinsurance company has decided to pull […]