Peter Schiff’s Official Gold Blog

Peter Schiff On Yahoo Finance for Immediate Fed Reaction

admin — Tue, 18 Jun 2013 21:46:34 +0000

Tomorrow afternoon, Peter Schiff will decipher and provide immediate reaction for the Federal Open Market Committee’s statement and Ben Bernanke’s press conference. Starting at 2:30pm ET, he’ll be live tweeting his reaction at @PeterSchiff. At 3:15pm ET, he’ll be live on Yahoo Breakout. We will post the video here as soon as it is available.

Today’s Key Gold Headlines – 6/18/13

admin — Tue, 18 Jun 2013 16:30:57 +0000

U.S. Mint Sales of Silver Coins Reach Record in First Half, Businessweek

Gold’s Neglected Cousin to Face Supply Squeeze, CNBC.com

Deutsche Bank ‘Horribly Undercapitalized’: US Regulator, Reuters

We Have to Prepare for Rising Interest Rates (Video)

admin — Mon, 17 Jun 2013 21:25:14 +0000

Peter Schiff appeared on CNBC’s Closing Bell today to discuss why he expects the “Fed to taper back the taper talk.”

“People are underestimating just how much interest rates are going to go up, how fast rates are going to rise, and what the impacts are going to be on the economy, on the housing market, on the stock market, on the banks, and the government’s ability to service its debts.”

Today’s Key Gold Headlines – 6/17/13

admin — Mon, 17 Jun 2013 16:42:42 +0000

Economists Wary as Fed’s Next Forecast Looms, Wall Street Journal

Don’t Fall for Fool’s Gold

admin — Fri, 14 Jun 2013 20:54:22 +0000

A little humor to brighten up your Friday.

Today’s Key Gold Headlines – 6/14/13

admin — Fri, 14 Jun 2013 15:12:33 +0000

US Wholesale Prices Rise More than Forecast on Fuel, Food, Bloomberg

A New Asian and Global Gold Hub (Video)

admin — Thu, 13 Jun 2013 21:13:41 +0000

Enjoy this CNBC interview with Mark Smallwood, Head of Wealth Planning at Deutsche Asset & Wealth Management, APAC. Smallwood discusses Deutsche Bank’s recent announcement that it will be opening a new gold vault in Singapore with a 200-ton capacity. With Singapore recently announcing that it would remove government sales tax on gold and precious metals, Smallwood stressed the important role this new vault plays in turning Singapore into a regional and global hub for trading gold. Combine this with the recent news that the London Metals Exchange has talked about moving to Hong Kong and you might start to wonder how long before all the real money ends up in the East.

Today’s Key Gold Headlines – 6/13/13

admin — Thu, 13 Jun 2013 16:40:40 +0000

Top US CEOs Expect Slow Economic Growth Ahead, Wall Street Journal

Gold Decline Is Over, Bond Bubble Is Burst (Video)

admin — Wed, 12 Jun 2013 19:03:45 +0000

Peter Schiff appeared on Fox Business this week to share his analysis of the gold decline and why the bond rally is finished.

“Gold is not going down because long term rates are rising. In fact, I think long term rates are rising because inflation expectations are rising, because people are losing confidence in the ability of the Fed to dial back the QE. They’re losing confidence in the credit worthiness of the United States… I think you’ve got a great buying opportunity in the gold market. On the other hand, the bond market is topping out. You’ve got a bubble that is burst in the bond market, and so the bond market is just starting its decline. I think the gold market is about finished with its decline.”

Today’s Key Gold Headlines – 6/12/13

admin — Wed, 12 Jun 2013 15:49:20 +0000