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China’s largest bank is buying the lease on a huge gold vault in London, another sign of gold’s continuing shift from West to East. As the Telegraph put it, acquisition of the 1,500 ton vault will enlarge ICBC Standard Bank’s footprint in the city’s bullion market: The Chinese and South African lender is aiming to […]
In episode 130 of his Podcast, Peter Schiff discussed the State of the Union address, calling Obama’s speech the most clueless ever. Peter breaks down all of the economic fallacies the president invoked during the SOTU, honing in on the fact that the president seems oblivious to the fact that we are about to head […]
Peter Schiff appeared on the Daily Ledger at the beginning of the week to discuss the global economy. Peter refuted the idea that the US stock market is falling thanks to Chinese market troubles. In fact, he argued it’s the other way around – the Federal Reserve is the source of global instability. Peter went on […]
The flipping of the calendar to 2016 has not dampened the demand for silver bullion coins. The US Mint announced its first weekly allocation of American Silver Eagles for 2016 and the number was quadruple the amount rationed during each of the last five months of 2015. Sales have been brisk, according to Reuters:
Peter Schiff has been saying for months that the US economy isn’t nearly as good as Federal Reserve and government officials want you to believe. Mainstream analysts and pundits seem to be doing their best to toe the line and paint a rosy picture, but we are starting to see a lot of cracks in […]
On Fox Business, Peter Schiff debated Andy Brenner, who argued that now is the time to be bullish on the US economy and stock market. Brenner pointed to the latest 5% unemployment figure as his main proof. Peter again made the case that unemployment data is a lagging indicator of economic health at best. While […]
In the weeks leading up to the Federal Reserve’s interest rate hike announcement, almost every mainstream analyst and pundit was predicting doom and gloom for gold. Everybody, that is, except Peter Schiff. He predicted good things for gold, and it’s looking more and more like he nailed it. Conventional wisdom was that a rise in […]
In the latest Schiff Report, Peter Schiff looks back at the first week of the new year, examining the performance of the US and Chinese stock markets, the price of gold, and a collection of other economic data. Peter was one of the only analysts who insisted gold would rise after the December rate hike, […]
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. Flashing red stock markets seem to have become something of a norm in this new post-rate-hike world. Since Yellen made her big announcement in December, we’ve […]
SchiffGold has just acquired a very limited quantity of mint-condition, uncirculated 1979-1982, 1-ounce Maple Leaf Gold Coins. These 99.9% purity coins are the perfect opportunity to buy gold near the market bottom. SchiffGold has not seen Maple Leafs priced this low since we began business. This sale will end when our supply runs out.
