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Asian countries are not only buying up gold, they also have a huge appetite for silver. Chinese imports of the white metal are on a record-breaking pace this year, driven partly by strong demand for jewelry and industrial applications such as solar panels. According to the Wall Street Journal, based on the current trend, Chinese […]
China continued adding to its gold reserves and accelerated its pace in November. According to Bloomberg, the Chinese upped their stash of of gold an estimated 21 tons last month, the largest increase in at least five months. The value of gold assets was $59.52 billion at the end of last month from $63.26 billion […]
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. To hike or not to hike – that question continues to swirl around the Federal Reserve. But it obscures an even more significant question: what difference […]
Dr. Ron Paul interviewed Chris Rossini, regular contributor to LewRockwell.com and author of Set Money Free: What Every American Needs To Know About The Federal Reserve. Together, they debunked some common American myths, including the real source of inflation, US foreign policy against radical Islam, and the importance of real savings and capital in an […]
After months of speculation, the Chinese yuan is now officially part of the International Monetary Fund’s benchmark currency basket, elevating it to reserve currency status. Chinese monetary policy has focused on gaining entry into this elite club for the last year or so. With its membership safely secure, it raises an interesting question. What’s next? […]
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. To hike or not to hike? That is the question. Indeed, that has been the question for what seems like an eternity. But the question of […]
You probably think of eBay as a good place to snag a deal on electronic gadgets, musical instruments, or sporting goods. But increasingly people are logging onto the auction site to buy gold and silver. EBay officials told CNBC the company is touting its global user base of 150 million people to reach non-traditional […]
Black Friday has become an infamous holiday of American consumerism. We seem equally amused and disgusted by the inevitable news of crowds waiting through freezing nights only to trample each other on the way to a discount toaster. Many people watch a video of Black Friday fights like the one below and shake their heads […]
On Tuesday, the US Mint announced it has sold out of one-ounce 2015 American Gold Eagles. Mint officials say they don’t plan to produce any more at this time. Earlier this month, the mint announced it had run out of one-tenth and one-fourth ounce Gold Eagles. The tremendous demand for gold bullion coins we’ve seen […]
On CNBC Asia on Wednesday night, Peter Schiff defended his forecast that the Federal Reserve is very unlikely to raise interest rates in December. He argued the Fed is focused on keeping a market bubble inflated, instead of allowing the US to experience a painful, but necessary economic recovery. Peter pointed to companies like Amazon […]
