Peter's Blog

The Fed’s Super Nova Asset Bubble

In a commentary released today on Of Two Minds, Charles Hugh Smith explains how the Fed has painted itself into a corner with its endless quantitative easing. Smith argues that it can’t be long before the markets become completely desensitized to the money printing and the whole bubble economy goes kablooey. How do you protect […]

Fed Non-Taper Converts Gold Bears to Bulls

After yesterday’s announcement of the Fed’s decision to not taper QE, CNBC published a commentary about how the news is affecting the views of stock traders and market analysts. Many are waking up to the fact that the economy is a long way off from true recovery and believe that gold may have kicked its […]

Gold Could Easily Hit $2,000 with Black Swan Event (Video)

Last week, Vanessa Collette of GoldSeek.com interviewed global market strategist Dan Popescu at the Toronto Resource Investment Conference hosted by Cambridge House International. Popescu spoke about the role gold plays in the currency war that is pitting Asia and emerging markets against developed Western nations. Given the uncertainty of the US dollar’s stability, he thinks […]

Latest Silver News from the Silver Institute

The Silver Institute’s August Silver News was released this week and is full of updates on the ever evolving world of industrial and technological silver applications. Silver might hold the key to letting our smart phone batteries last a whole week, while silver’s antimicrobial properties are garnering attention from large universities. Silver News also explains the differences […]

Choosing Fed Candidates is Like Choosing How to Be Executed

In a post on The Tell, MarketWatch contributor Saumya Vaishampayan summarized Peter Schiff’s analysis of the upcoming replacement of Ben Bernanke as chair of the Federal Reserve. If you agree with Peter that the Fed can’t prevent the coming economic crisis, then he recommends avoiding dollar-denominated debt and investing in hard assets like physical gold and silver. […]

Poor Economy = Low Gold Price?

By Jeff Clark from Casey Research Despite some positive data, the global economy is showing signs of slowing, a remarkable development in itself when you consider all the money printing and deficit spending that’s transpired over the past few years. According to the IMF’s overview, global growth was less than expected in the first quarter […]

Recession Never Ended for the Bottom 95%

On his blog Of Two Minds, Charles Hugh Smith published a scathing commentary on the supposed recovery from the 2008 recession. By examining a number of under-reported metrics, Smith paints a bleak picture of the ongoing recession that the government has tried to obscure with bogus GDP data.

Staggering US Mint Silver Eagle Coin Sales

Peter Schiff’s latest research report, The Powerful Case for Silver (available for download here), noted the wide gap between US Mint sales of American Silver Eagle and American Gold Eagle coins. The numbers continue to amaze. In a commentary on Wealth Wire, Steve St. Angelo goes through the numbers and explains why smart investors are […]

Faber: Own Physical Gold (Video)

Marc Faber, editor of the Gloom Doom & Boom Report, appeared on CNBC to give his take on the current precious metals market. Faber was skeptical about the health of the stock market, hinted that it is in a bubble, and emphasized the importance of having safe haven hard assets in your portfolio. I have […]

Davidowitz: US Economy Is Collapsing (Video)

Howard Davidowitz, an expert retail analyst, spoke with Yahoo! Finance about Walmart’s poor earnings report and what it indicates for the rest of the US economy. The economy is in a state of collapse… I think there’s a 50% chance we’ll be in a recession next year… That’s after spending $7 trillion dollars, printing trillions, […]