Peter's Blog

On Monday’s episode of the Commodity Culture podcast, Peter joins host Jesse Day and walks listeners through what he sees as a pivotal moment for precious metals and for the dollar. He argues that gold quietly began a new leg of its bull market in 2024, that the labor market is weaker than officials admit, […]

After its Bitcoin-buying spree, El Salvador has made its largest gold purchase in over three decades, diversifying its holdings into real money. Across the world, Bitcoin evangelists are joining central banks and funneling capital into history’s one and only hard money asset. If they were smart, El Salvador would trade all their so-called “digital gold” […]

From 2003 to 2014, Deutsche Bank manipulated the daily price of gold. In the past, they set gold prices in conjunction with four other banks through phone calls, and they positioned themselves before releasing the prices to the public. Of course, this archaic means of price-setting was done away with, but this situation showed gold […]

In a recent VRIC Media interview, Peter lays out a straightforward critique of modern monetary policy and the political choices driving today’s economy. He connects low interest rates, tariffs, and misguided enthusiasm for crypto to a brewing misallocation of resources, and points listeners toward gold and real assets as sensible hedges. He starts by taking […]

In a positive turn of events for the Turkish people, yearly inflation reached the lowest it has been in 4 years: 33.5%. This might seem like a laughable accomplishment, but given the turmoil of the Turkish Lira over the past decades, it is a huge positive step. In complete opposition to this, the Norwegian Central […]

Peter recently joined Danny on the Capitalcosm YouTube channel to lay out a connected story about reserve shifts, rising interest rates, and an overstated economic optimism at the top. He argues that foreign central banks are moving out of U.S. dollars into gold, that America’s record debt is starting to show in higher yields, and […]

UBS recently increased its March 2026 gold forecast by $100 to $3600. As much as regulatory entities try to make gold take a back seat, everyone else seems to recognize its huge value added to any investment portfolio. The continuing acceleration of the Dollar’s decline is a huge factor in the UBS gold increase projection. […]

Gold’s momentum refused to cool in the second quarter of 2025, with total demand—over-the-counter trades included—hitting 1,249 tonnes, up 3 percent year-on-year. In dollar terms the jump was far more dramatic: US$132 billion changed hands, a 45 percent leap to an all-time quarterly record. The London Bullion Market Association (LBMA) afternoon fix set a fresh […]

As the west muddles through murky economic waters, many call on the Federal Reserve to hold off a recession. But, as our neighbors to the east show us, central banks are highly constrained in what they can actually accomplish, and more inflation isn’t the right move.

We are living through the early stages of a technological revolution, and Wall Street is salivating over artificial intelligence. AI is being hailed as the new electricity: a transformative force destined to rewire nearly every industry, capital flows, and the very nature of human productivity itself.