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PPI hit 6%, yields hit 19-year highs, and gold dropped 4%. Traders are selling on the most bullish data gold has ever seen. Gold fell 4% and silver dropped 10.5% on the week despite the most bullish inflation data in years. Peter Schiff explains why traders have it exactly backwards: April PPI surged 1.4% month-over-month […]

Earlier this week, Peter joined Danny on CapitalCosm to warn that a dangerous combo of higher energy prices and rising interest rates is squeezing Americans and shifting investor behavior. He connects those forces to a renewed move into gold and silver as hedges, lays out the likely political fallout for Republicans in the midterms, and […]

Peter opens Wednesday’s episode of the Peter Schiff Show by describing the difficult hand dealt to new Fed chair Kevin Warsh. He then walks listeners through recent startling inflation data, interest-rate math, and what that means for the dollar and precious metals. He closes by defending market-driven change and the role of the consumer in […]

Most Americans are familiar with the frustrations of air travel, including high fares and limited options. Those less versed in the history of airline regulation may not realize that this oligopoly was built with government help from the very beginning, and that antitrust crusaders who claim to fight Big Business often end up strengthening the […]

War is often sold to the public as a noble necessity, but those not versed in its true history may not appreciate how reliably it serves as the greatest enemy of liberty, inevitably stripping citizens of rights, expanding state power, and destroying the futures of those who fight. The following article was originally published by […]

The current Federal reserve board chairman and his successor share a very specific trajectory. They both went to an Ivy League for undergrad, got elite law degrees, went into the banking industry, and then transitioned to the public sphere. Their specific path should not be surprising to anyone, but we must critically ask whether people […]

April’s Consumer Price Index offered scant comfort to households or policymakers, with headline prices rising 0.6 percent for the month and 3.8 percent from a year earlier, according to Wednesday’s Bureau of Labor Statistics release. Though the monthly pace eased from March’s blistering 0.9 percent gain, the yearly rate accelerated, underscoring that the inflation fire […]

Gold prices reached record highs in early 2026 following an epic 2025, fueled by central bank buying, inflation concerns, and demand for assets outside traditional finance. Since then, gold has pulled back significantly. Conditions created by the US-Iran war that began last February have contributed to this correction, but why?  While gold is usually pumped […]

A very strong start to the week for gold, as you might expect, following the US strike on Venezuela / capture of President Maduro on Sunday.  What’s perhaps a little more surprising is the blistering outperformance of copper, silver, platinum, palladium…but to be fair global stock and oil markets aren’t bothered at all, and so […]

A very poor rest of the day for gold.  It got whacked back below the October high by algos at the S&P cash open, couldn’t benefit at all from silver’s +4% rally from 10amET into the COMEX close, and overreacted to the downside with a modest US yield uptick following a mixed set of FOMC […]

More strength than I expected for the precious metals overnight; thanks to more demand at the China open, but perhaps more importantly due to the Chinese government announcing subsidies for electronic vehicles, phones, tablets, smartwatches and smart glasses…all of which consume silver.  Past rounds of similar subsidies have led to immediate sales surges, and so we’re […]

An unsurprisingly challenging rest of the day for the precious metals.  We saw modest bounces with the stock market since the COMEX closes, but neither metal came anywhere close to re-attacking its overnight range.  This hints that there’s a lot of trapped bulls out there who fell for this bogus “bank failure / forced silver […]

Some absolutely wild post-Christmas trading activity for the precious metals.  First, silver and platinum’s incredible +10% rallies on Friday, fueled by an odd rehashing of the China silver export restriction story from October and rumors that a bullion bank was blown out of its silver short position; and now scary -16% & -18% crashes off […]

Indeed an upside breakout attempt for gold above yesterday’s highs in early Asian trade last night, but this technical achievement was ruined by an obnoxious 4k contract, -1%, bashing off session highs in the final five minutes of the 9pmET hour.  There wasn’t a headline catalyst or abrupt negative shift in the broader risk mood.  […]

An impressive rebound for gold & silver to round out this Tuesday, thanks in large part to a calming down in bond markets / strong stock market rally following the much weaker-than-expected Present Situation reading in the December US Consumer Confidence report.  Silver and PGM markets naturally outperformed amid the risk-on environment, with platinum astonishingly […]

More strength for the precious metals as expected overnight, with Asian demand once again leading the way.  Europe was hesitant to chase gold higher though, despite a pronounced decline for US yields and the USD…and this turned out to be the correct move in retrospect because yields and dollar are now shooting higher following the […]