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POSTED ON January 12, 2018  - POSTED IN Fun on Friday

I’ve got bad news for all you aspiring Olympic champions out there. Your gonna get hosed. Your first-rate effort will win you a second-rate prize.

Get this – the Olympic gold medal is mostly made out of silver. True story. The gold medal is actually formed mostly out of silver coated with about 6 grams of gold plating.

So, gold medal winners – for all practical purposes – you’re getting a silver medal.

Sorry about your luck.

POSTED ON December 13, 2017  - POSTED IN Videos

Peter Schiff recently appeared on RT Boom Bust to talk gold and silver.

Gold has struggled over the last few weeks with a looming Federal Reserve rate hike and the specter of tax cuts on the horizon weighing precious metals down. Peter said he thinks this is something of a seasonal lull and he expects the price to bounce back in the first part of 2018.

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