Monthly Archives: July 2014

Gold Videocast: Gold’s 2014 Half-Time Report

In the first edition of the new Gold Videocast, Peter delivers his verdict on the gold market for the first half of 2014, analyzes Janet Yellen’s performance so far as Fed Chair, and makes some contrarian forecasts for the rest of the year.

1:00 – Gold’s rise has confounded Wall Street banks that advised their clients to sell in expectation of a big correction.

1:40 – Even though the financial media has focused on the Dow breaking 17,000, gold has actually outperformed the Dow this year.

2:10 – Mainstream forecasters have bought into the narrative of a genuine US economic recovery and the ability of the Fed to effectively withdraw its monetary stimulus. In fact, the economy is not recovering and will relapse into recession, perhaps beginning in the second half of 2014.

3:17 – The price of gold is putting in a bottom, supported by the mining stocks. They led the market down in 2013, and are now leading it up.

4:15 – There is going to be a short squeeze as gold sellers try to buy back their positions when they realize the economy is not recovering.

5:30 – Even though the Fed’s own inflation measure has passed its target of 2%, Janet Yellen continues to claim inflation is under control.

Follow us on Twitter to stay up-to-date on Peter Schiff’s latest thoughts: @SchiffBlog
Interested in learning about the best ways to buy gold and silver?
Call 1-888-GOLD-160 and speak with a Precious Metals Specialist today!

Posted in Peter's Commentaries, Videos | 12 Comments

Today’s Key Gold Headlines – 7/11/14

Follow us on Twitter to stay up-to-date on Peter Schiff’s latest thoughts: @SchiffBlog
Interested in learning about the best ways to buy gold and silver?
Call 1-888-GOLD-160 and speak with a Precious Metals Specialist today!

Posted in Daily Gold Headlines | Comments Off on Today’s Key Gold Headlines – 7/11/14

Gold Is the Only Undervalued Asset in a World of Bubbles (Video)

In this long segment on CNBC’s Futures Now, Peter Schiff, Marc Faber, and Dennis Gartman discuss the massive bubbles forming in almost every asset class. Faber called for a potential bear market correction of 30% in US stocks. All three agreed that gold is the best option for retail investors to protect themselves from the Federal Reserve’s inflationary monetary policy.

“The only place there’s not a bubble is in gold, and that’s the only place that most people on Wall Street think they see one. They’re oblivious to the actual bubbles, but they’re overlooking the value in gold…”

Follow us on Twitter to stay up-to-date on Peter Schiff’s latest thoughts: @SchiffBlog
Interested in learning about the best ways to buy gold and silver?
Call 1-888-GOLD-160 and speak with a Precious Metals Specialist today!

Posted in Interviews, Videos | Comments Off on Gold Is the Only Undervalued Asset in a World of Bubbles (Video)

Today’s Key Gold Headlines – 

Follow us on Twitter to stay up-to-date on Peter Schiff’s latest thoughts: @SchiffBlog
Interested in learning about the best ways to buy gold and silver?
Call 1-888-GOLD-160 and speak with a Precious Metals Specialist today!

Posted in Daily Gold Headlines | Comments Off on Today’s Key Gold Headlines – 

Today’s Key Gold Headlines – 7/9/14

Follow us on Twitter to stay up-to-date on Peter Schiff’s latest thoughts: @SchiffBlog
Interested in learning about the best ways to buy gold and silver?
Call 1-888-GOLD-160 and speak with a Precious Metals Specialist today!

Posted in Daily Gold Headlines | Comments Off on Today’s Key Gold Headlines – 7/9/14

US Dollar Doesn’t Deserve to Be Reserve Currency (Video)

Russia Today spoke with Peter Schiff about the United States’ international spy activity and what effect it will have on the strength of the US dollar.

“[Europe is not economically dependent on the US.] I think it is the other way around – the US is very dependent on the rest of the world. It is just incumbent on the rest of the world to figure that out. But the US dollar is still functioning as a reserve currency, so the dollar is a part of larger transactions but there is no reason for the dollar to be at the center of these transactions because the dollar shouldn’t be a reserve currency. Maybe at one time when we were the world’s largest exporter, as far as biggest trade surpluses, we had high savings rates, and the dollar was backed by gold. [At] one time maybe the dollar deserved to be a reserve currency, but certainly those conditions have changed dramatically.”

Watch the Full Interview Here

Screen Shot 2014-07-08 at 9.34.44 AM

Follow us on Twitter to stay up-to-date on Peter Schiff’s latest thoughts: @SchiffBlog
Interested in learning about the best ways to buy gold and silver?
Call 1-888-GOLD-160 and speak with a Precious Metals Specialist today!

Posted in Interviews, Videos | Comments Off on US Dollar Doesn’t Deserve to Be Reserve Currency (Video)

Today’s Key Gold Headlines – 7/8/14

Follow us on Twitter to stay up-to-date on Peter Schiff’s latest thoughts: @SchiffBlog
Interested in learning about the best ways to buy gold and silver?
Call 1-888-GOLD-160 and speak with a Precious Metals Specialist today!

Posted in Daily Gold Headlines | Comments Off on Today’s Key Gold Headlines – 7/8/14

Exciting Advances in Silver Technology

The June edition of the Silver Institute’s Silver News is now available. This issue is full of news from the silver industry, highlighting some of the most interesting inventions and applications using silver today. Silver’s natural anti-microbial properties are being explored by industries around the world, ensuring demand for the white metal for many years into the future. Among other news, you’ll learn about:

  • A new “drinkable book” that uses silver to filter water with its pages.
  • Silver for use in bone implants.
  • Cyanide-free, silver-based finishes from Dow.
  • The rapidly growing market for silver inks and pastes.

Read Silver News for Free Here

drinkable book 14 07 07

Follow us on Twitter to stay up-to-date on Peter Schiff’s latest thoughts: @SchiffBlog
Interested in learning about the best ways to buy gold and silver?
Call 1-888-GOLD-160 and speak with a Precious Metals Specialist today!

Posted in Outside Commentaries | Comments Off on Exciting Advances in Silver Technology

Today’s Key Gold Headlines – 7/7/14

Follow us on Twitter to stay up-to-date on Peter Schiff’s latest thoughts: @SchiffBlog
Interested in learning about the best ways to buy gold and silver?
Call 1-888-GOLD-160 and speak with a Precious Metals Specialist today!

Posted in Daily Gold Headlines | Comments Off on Today’s Key Gold Headlines – 7/7/14

Gooooooooooold!

The news came out last week that Germany has changed its mind and will allow its foreign gold reserves to remain in the vaults of the New York Federal Reserve. Read the story here. With the World Cup occurring simultaneously, Lampoon the System couldn’t help but poke a little fun…

14-07-World-Cup-small

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: @SchiffBlog
Interested in learning about the best ways to buy gold and silver?
Call 1-888-GOLD-160 and speak with a Precious Metals Specialist today!

Posted in Lampoon Comics | Comments Off on Gooooooooooold!