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Last month, US Global Investors CEO Frank Holmes offered three reasons he thinks the gold might hit $1,500 per ounce this year. His number one reason was rising inflation. In a recent interview on Bloomberg Radio, Holmes reiterated that high inflation looks good for gold in the near future. He also pointed out that whether you […]
Everything is great! We’ve heard this mantra over and over again from government officials, TV talking heads and Federal Reserve bankers. But as we’ve been saying, all the optimism in the world can’t trump economic reality. And there are a lot of signs in the global economy indicating everything is not, in fact, great. Dan […]
The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week’s precious metals news coupled with thoughtful analysis. You can subscribe to the podcast on iTunes.
In his latest podcast, Peter Schiff said we are basically enjoying the calm before the storm right now. With the US missile strike in Syria, rumblings of a trade war and a generally weak dollar, gold briefly flirted with $1,365 last week. But the anticipation of Federal Reserve rate hikes continues to create strong headwinds […]
The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week’s precious metals news coupled with thoughtful analysis. You can subscribe to the podcast on iTunes.
The stock market continued its yo-yo ways on Friday. After three straight days of healthy gains, the Dow Jones Industrials fell 572 points to end the week, closing below 24,000. The Nasdaq also plunged, dropping 161 points. Peter Schiff has been saying for weeks this is a bear market. Well, now even Pres. Trump has said […]
The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week’s precious metals news coupled with thoughtful analysis. You can subscribe to the podcast on iTunes.
North American funds gobbled up gold last month as gold-backed ETFs collectively added 22.5 tons of the yellow metal globally in March. Overall, gold-backed ETFs increased their holdings to 2,415 tons worth an estimated $102.8 billion, according to data released by the World Gold Council.
Indians are hoarding their gold despite an increase in the price during the first quarter of 2018. Analysts say they are holding onto their gold in anticipation of bigger price increases. Gold was up around 1.5% in dollar terms in the first quarter of this year. According to the Economic Times of India, the yellow […]
The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week’s precious metals news coupled with thoughtful analysis. You can subscribe to the podcast on iTunes.
