Peter's Blog

When gold mining stocks lag behind gold price increases, you can front-run the next leg up in gold by buying them. And with gold rocketing toward $3,500, miners are still a discount buy. When gold mining stocks underperform relative to gold prices, they’re a potential opportunity for those who feel they’ve missed the boat on […]

Major stock indexes stumbled on Monday following remarks from former President Donald Trump that suggested the U.S. economy might be in for a transition period. The Dow Jones Industrial Average dropped 890 points, a 2.1% decline, while the S&P 500 fell 2.7% and the Nasdaq Composite slid 4%. Government bond yields ticked lower, with the […]

Stocks and bonds had a tough week last week. In his podcast, Peter Schiff talked about the market moves in the context of Fed rhetoric and the jobs reports. He concluded that we could be heading toward another big leg down in bonds, and this bond bear will maul stocks and the dollar.

Americans consider gold the second-best long-term investment option, according to a recent Gallup poll. Gold beat out stocks, bonds and savings accounts. The perception that gold is the best investment over the long term rose from 15% in 2022 to 26% in the 2023 poll, overtaking stocks at the number two spot.

This analysis focuses on gold and silver within the Comex/CME futures exchange. See the article What is the Comex? for more detail. The charts and tables below specifically analyze the physical stock/inventory data at the Comex to show the physical movement of metal into and out of Comex vaults.

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 […]

During a podcast last month, Peter Schiff asked a key question: who is going to buy all of the debt necessary to finance the ballooning US deficit? In his most recent analysis, Dan Kurtz at DK Analytics explores this question more in-depth and comes to generally the same conclusion. The dollar has lost more than […]

The stock market plunge earlier this month reminds us why we should buy gold.  As a report released by the World Gold Council shows, gold acted as a portfolio hedge during the brief downturn. The price of gold rose as stocks sold off; as stocks partially retraced their losses, gold trended lower. But gold’s effectiveness improves […]

Investor Jim Rogers has seen a lot in 75 years. So when he starts talking about the worst bear market in our lifetime, we probably ought to sit up and take notice. And that’s exactly what Rogers said in a recent phone interview with Bloomberg. When we have a bear market again, and we are […]

The Babylon Bee captured the current state of the Republican Party in all of its hypocritical glory. The satirical website proclaimed “Republicans announce plan to pretend to be fiscally conservative again the moment a Democrat takes office.” The GOP said it would begin to decry deficit spending and the $20 trillion debt in order to […]