News

On Tuesday’s episode of The Peter Schiff Show, Peter warns that a sudden sell-off in U.S. assets is the opening act of a broader flight from the dollar. He connects the market moves to recent political rhetoric, warns that Treasuries are no longer a safe haven, and lays out the portfolio shifts he believes listeners […]

When John Stewart Mill remarked that many children of intelligent men do not develop great intelligence, but rather have their mental faculties overlaid with facts and rote repetition, he pointed to a duality in the understanding of education that has the power to make or break a nation’s long-term productivity. Many bureaucrats and professional educators […]

People on the right and left are quick to complain that they are being taken advantage of by other groups. The raucous cries of victimhood never cease, whether targeted towards the influx of illegal immigrants or the cabal of billionaires. The victimhood is primarily of resources. People are very quick to recognize when resources taken […]

Earlier this week, Peter appeared on international news channel France 24 to discuss President Trump’s latest protectionist moves. Peter warns that the administration’s tariff push is doing real damage at home while exposing deeper fiscal and monetary fractures. He connects the tariff fight to battles over the Fed and a growing flight into gold and […]

Peter recently joined crypto advocate Randi Hipper on her podcast for a conversation about the merits of crypto and precious metals and the state of the economy. Peter lays out a compact, libertarian case for limiting government, defending private property, and sticking with sound money. He traces his worldview to early lessons in Austrian economics, […]

Gold and silver just posted historic record highs, and Wall Street is still asleep. In this week’s Schiff Gold Friday Market Wrap, Peter Schiff breaks down the biggest one-day dollar rally in gold history, silver’s surge above $90 an ounce, and why recent volatility is consolidation at extreme highs — not a top. Peter explains […]

Peter recently joined Peter Gadsdon from the Mining Network to discuss a grab-bag of issues, from the latest showdown between the Fed and the White House to why gold is still the best hedge against a weakening dollar. He walks listeners through recent inflation readings — including the CPI for December — and ties those […]

Politicians have tricked their citizens into believing that low interest rates will solve their economic troubles– perhaps by lowering housing prices or stimulating the economy out of a recession. In reality, slashing rates isn’t a cure to economic ailments; it’s a poison that corrupts saving and investment and raises prices across the economy. The following […]

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 […]