Peter's Blog

Chinese Launch Gold Price Benchmark Further Increasing Influence on World Stage

In another sign that it is becoming a major player in the world gold market, China launched twice-daily price fixing on Tuesday. According to a Bloomberg report, the move is an attempt to establish a regional benchmark that will bolster its influence in the global gold market: The Shanghai Gold Exchange set the price at […]

Jim Grant Offers Advice to the Fed: Do Less! (Video)

Jim Grant appeared on Bloomberg and offered some advice to the Fed when prompted by the hosts. Do less! I think they should do less of almost everything they now do. They pretend to things they can’t know, and they undertake actions that are mainly unhelpful.” Grant went on to explain why interventions into economies […]

2008 Was Just a Tremor; The Real Economic Earthquake Is Coming (Video)

Peter Schiff appeared with Alex Jones on InfoWars Friday and made the case that the real economic earthquake is in our future, not in the past. Peter said that despite all of the positive spin coming out of the mainstream media, the Federal Reserve, and the Obama administration, the US economy is weak and spiraling […]

Americans Not Buying What the Fed Is Selling (Video)

Here’s some free advice for the Federal Reserve. It’s OK. You can tell them. They already know. The economy is not good. As Peter Schiff pointed out on CNBC yesterday, the Fed doesn’t really want to raise interest rates. We just witnessed what even a small nudge upward did to the stock markets after years […]

SchiffGold Introduces Institutional and High Net-Worth Desk

Recognizing that large investments require tailored, individualized service, SchiffGold has developed a special desk for its institutional and high net-worth investors. The SchiffGold Institutional and High Net-Worth Desk provides discreet, personalized, one-on-one service for clients investing $250,000 or more. It also offers the type of heavily discounted pricing that high net worth and institutional investors […]

Negative Interest Rates Positively Driving Gold Demand

More than half the world’s sovereign debt now carries negative interest rates, and data keeps coming in confirming that it is driving demand for gold. A couple of weeks ago, CNBC reported central bank action appears to be rejuvenating gold in Europe, as the entrenchment of negative interest rates makes depositing cash in banks less […]

Another Prick In the Student Loan Bubble: Obama Administration to Forgive Nearly 400K Debtors

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. On Tuesday, the Obama administration announced that the federal government will open the door to forgive nearly 400,000 student loans. According to a MarketWatch report, if […]

Gold: You Can’t Hack It, You Can’t Erase It, You Can’t Delete It (Video)

Last month, hackers managed to get into the Federal Reserve Bank of New York’s computer system and swipe some $100 million from a Bangladeshi government account. As James Rickards pointed out in an interview last week on Fox Business, the vulnerability of digital wealth to hacking and cyber manipulation provides yet another reason to own […]

World Gold Council First Quarter Report a Bunch of Bull

The World Gold Council’s first quarter report is a bunch of bull. Or perhaps it would be more accurate to say it projects a very bullish outlook for gold. The report confirms what we already knew – gold got off to a glittering start in 2016 – and it predicts the rally will likely continue […]

Cash Limits Are All About Control Over You, But You Can Take Back the Power

JP Morgan Chase Bank just fired another salvo in the “war on cash.” The bank recently capped ATM withdrawals for non-Chase customers at $1,000 per day. The move came after the bank began installing new ATMs that dispense $100 bills. Some people were reportedly pulling tens of thousands of dollars out at one time, according […]