News

In last week’s appearance on World Affairs in Context, Peter takes aim at the contrast between political rhetoric and economic reality. He argues that the supposed “golden age” touted by some is mostly spin, that inflation is returning with real force, and that expanding the money supply is sowing the seeds of a broader crisis. […]

In South Asia, gold isn’t just a popular ornament for jewelry, and as a display of status. It plays a central role in weddings, not merely as a decoration, but as a transactional component that crystalizes arranged unions, confirms economic compatibility, and protects brides with real wealth in a culture where marital value can take […]

The Chinese government anti-spy agency has recently been warning the youth to avoid lying flat. In a time of more limited economic mobility than the past, and with the same Chinese intense work culture in full effect, young people have started doing what they call lying flat. This is where they find ways to avoid […]

On Friday, Peter joined Mario Nawfal for another interview on the Iran War and its economic fallout. He takes Nawfal through the forces he sees shaping markets today: an ongoing war that keeps oil elevated, political corruption that corrodes trust, and policy mistakes that have left the federal balance sheet vulnerable. He ties these themes […]

The CME Comex is the Exchange where futures are traded for gold, silver, and other commodities. The CME also allows futures buyers to turn their contracts into physical metal through delivery. You can find more detail on the CME here (e.g., vault types, major/minor months, delivery explanation, historical data, etc.). The data below looks at […]

On Friday’s episode of the Peter Schiff Show, Peter connects the dots between military spending, economic coercion, and what he sees as deeper flaws in U.S. monetary and fiscal policy. He warns that the U.S. is depleting physical and financial resources at the same time that the Fed’s structure and tariff politics create perverse incentives. […]

With the prospect of peace on the horizon, free-market economists can rest easier knowing the worst of the Iran war may be over. Even if the war is really over, the state will still use it as a scapegoat for the Federal Reserve’s latest inflationary policies. The following article was originally published by the Mises […]

The latest CPI figures are not pretty, and consumers are feeling it. Despite what politicians and Fed governors say, US monetary policy is nowhere near “restrictive,” and we’re paying the price for it. The following article was originally published by the Mises Institute. The opinions expressed do not necessarily reflect those of Peter Schiff or […]

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 […]