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Emerging Market Central Banks Driving Gold Higher CNBC – Mark Bristow, CEO of Randgold Resources, a miner with operations in western Africa, says that emerging market central banks are underpinning today’s elevated and rising gold price. In a financially volatile world, Bristow maintains, emerging market central banks are using gold to mitigate their foreign exchange […]
It’s no surprise that with the growing popularity of physical bullion buying, Trey Parker and Matt Stone take on the gold scamming culture we now live in. The creators of South Park have been tackling some timely issues (the TSA, Dolphin Killings, and next week the GOP Primary!) in a hilarious manner, so I wasn’t […]
So we recently began asking people to share their first gold/silver bullion buying experience. Little did we know how “off the radar” and hush-hush everyone would be. I’ve offered to not release any names but only the text sent our way. By sharing these types of stories with other buyers and curious investors we are […]
This article was revised on March 23, 2012. Earlier this month, the Department of Labor reported that 227,000 new jobs were added to the economy in February, marking the third consecutive month of positive jobs growth. Many observers have taken the news as evidence that the recovery is underway in earnest, helping send the S&P […]
The Federal Reserve ran another “stress test” on major financial institutions and has determined that 15 of the 19 tested are safe, even in the most extreme circumstances: an unemployment rate of 13%, a 50% decline in stock prices, and a further 21% decline in housing prices. The problem is that the most important factor […]
So here at SchiffGold we try to keep you abreast of the latest in scams happening around the world and perhaps even in your neighborhood. Our blog has been running for a few months now and we’ve generated quite the buzz on Facebook, where we already have over 4,000 Fans! So today we’d like to […]
By Peter Schiff The gold doomsayers have found their champion in the media’s favorite financial advisor and one of the world’s richest men. Warren Buffett, the man dubbed the “Oracle of Omaha,” has repeatedly and publicly denied that gold is an investment, and called gold buyers “speculators” and people “who fear almost all other assets.” […]
The communist revolutions in the 20th century sought to nationalize the wealth generated by privately held industries back to the “exploited” workers on whose backs the profits were supposedly derived. America has made the rejection of this idea and its support of free market principles the centerpiece of its economic narrative. However, as a result […]
How’d they do it? By agreeing to pay up to $4.5 million to its former, disgruntled customers. Gold Line was taken to California’s Superior Court after 19 consumer complaints were filed as a lawsuit in Santa Monica. Gold Line was accused of “bait and switching” customers, by luring them in with catchy bullion prices, then […]
This month, as unleaded gasoline prices increased for 17 consecutive days (to a national average of $3.647 per gallon – up 11% thus far this year) and West Texas Intermediate crude joined Brent crude in breaking through a $100 per barrel level, energy prices emerged as a full blown political issue. While President Obama conveniently […]
