Peter's Blog

The Exit Tax

Jon Pawelko publishes the web comic Lampoon The System to poke fun at insane economic policies and educate the public on sound economics. Click here for more cartoons and information on his anthology book, available for only $15. Follow us on Twitter to stay up-to-date on Peter Schiff’s latest thoughts: @SchiffGold Interested in learning about […]

When Accepting Free Gold Bars Can Cost You Money

Have you heard about the Nigerian prince who would like to send you his fortune for safekeeping if you’ll only give him enough money to execute the transfer? There are a lot of variations of this classic internet scam, and in all of them the victim ends up giving away lots of money only to […]

Peter Schiff Interview: Avoid the Dollar in Obama’s Second Term

In a recent interview with Olly Ludwig on Seeking Alpha, Peter emphasized that the US dollar would go down and gold would go up no matter who won the presidency: Ludwig: As you take in this Obama victory, is there any asset allocation shift you think might be more sensible now than, say, before it was […]

Are 1-Gram Gold Ingots Revolutionary or Over Priced Gold?

One of our readers recently asked about investing in gold through a new company they had come across on the Internet. The company sells 1-gram gold ingots (tiny bullion bars) encased in thin plastic, which are stamped with a serial number and hologram to prevent counterfeiting. They tout their product as a unique development that […]

Eurozone Civil War: It’s North vs. South

By J. Luis Martin Although the eurozone crisis did not make it into the US presidential debate on foreign policy in October, Treasury Secretary Timothy Geithner did remark earlier in the month: “We are very worried about the risk of collapse in Europe.” Indeed, he should be, for a collapse of the euro would not […]

When Infinite Inflation Isn’t Enough

By Peter Schiff If no one seems to care that the Titanic is filling with water, why not drill another hole in it? That seems to be the M.O. of the Bernanke Federal Reserve. After the announcement of QE3 (also dubbed “QE Infinity”) created yet another round of media chatter about a recovery, the Fed’s […]

What Will the Price of Gold Be in January 2014?

By Jeff Clark from Casey Research While I don’t like making price predictions, and certainly ones accompanied by a specific date, it’s hard to ignore the correlation between the US monetary base and the gold price. That correlation says we’ll see $2,300 gold by January 2014. There are plenty of long-term charts that show a […]

This Month in Gold – November 2012

China’s Currency Rises in US Backyard Financial Times – Two scholars from the Peterson Institute of International Economics write: “Would-be US leaders would do well to note that for probably the first time since the Second World War the dollar bloc in East Asia has been displaced. In its wake a currency bloc based on China’s renminbi is emerging.” Seven out […]

Where Are Those Golden Eggs?

Jon Pawelko publishes the web comic Lampoon The System to poke fun at insane economic policies and educate the public on sound economics. Click here for more cartoons and information on his anthology book, available for only $15. Follow us on Twitter to stay up-to-date on Peter Schiff’s latest thoughts: @SchiffGold Interested in learning about […]

This Month in Gold – October 2012

Bridgewater’s Dalio Likes Gold, Breaks From Buffett  Forbes – Ray Dalio, manager of one of the world’s most profitable hedge funds – the $120 billion Bridgewater Associates – likes gold, sees it as a useful inflation hedge, and thinks it belongs in any well-diversified portfolio. For Dalio, gold is “the alternative money.” Concerning Warren Buffett’s […]