Author Archives: admin

Today’s Key Gold Headlines – 9/19/13

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 – 9/19/13

Peter Schiff Is Right Again: The Taper That Wasn’t

In his latest commentary, Peter Schiff shares his thoughts on today’s news that the Federal Reserve will not taper its quantitative easing program and continue to purchase $85 billion worth of Treasuries and mortgage-backed securities every month. Peter has been predicting this outcome all summer. In this piece, he explains the limited options left to the Fed as this disastrous monetary policy continues to drag on the economy. It’s worth noting that the price of physical gold and silver surged on today’s news, as investors were reminded that precious metals remain a superior safe haven asset.

The Fed’s failure today to announce some sort of tapering of its QE program, despite the consensus of an overwhelming percentage of economists who expected action, once again reveals the degree to which mainstream analysts have overestimated the strength of our current economy. The Fed understands, as the market seems not to, that the current “recovery” could not survive without continuation of massive monetary stimulus. Mainstream economists have mistaken the symptoms of the Fed’s monetary expansion, most notably rising stock and real estate prices, as signs of real and sustainable growth. But the current asset price bubbles have nothing to do with the real economy. To the contrary, they are setting up for a painful correction that will likely be worse than the one we experienced five years ago.

bernanke smiling

(more…)

Posted in Peter's Commentaries | Comments Off on Peter Schiff Is Right Again: The Taper That Wasn’t

Fed Never Intended to Taper (Video)

This is one situation where it stings to be the one saying, “I told you so!” Yesterday, in anticipation of today’s Fed’s announcement, Peter Schiff discussed the Fed’s various options when it comes to tapering QE. However, Peter made it clear all along that he believed the Fed had no intention of actually tapering QE in a timely manner. Peter’s position has been borne out with the news that was released just an hour ago: there will be no tapering. It should come as no surprise that gold and silver surged on the news.

“From the beginning, when the Federal Reserve first announced this tapering plan, I was of the opinion that it wouldn’t take place according to schedule. That the fed would not be tapering in September… because I don’t believe it ever intended to taper… If you look at the rhetoric, tapering was always data dependent.”

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 | Comments Off on Fed Never Intended to Taper (Video)

Today’s Key Gold Headlines – 9/18/13

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 – 9/18/13

Tapering QE Won’t Prevent Crisis (Video)

On CNBC’s Futures Now, Peter Schiff shared his expectations for gold and the Fed’s tapering announcement on Wednesday. Peter defended his long-term positions in physical gold and argued that the next big thing the Fed is going to do is increase QE.

“When we have a loss of confidence in the dollar and in the US Treasury market and we have a currency crisis and a sovereign debt crisis, that’s when gold is going to shine the brightest. And that’s what I’ve been preparing for. I know that crisis is coming and I want to own gold when it happens.”

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, Peter's Commentaries | Comments Off on Tapering QE Won’t Prevent Crisis (Video)

Today’s Key Gold Headlines – 9/17/13

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 – 9/17/13

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 gold could easily surge beyond $2,000 before the end of the year, if an unpredictable “black swan” event should occur.

“Gold is a hard currency, one that most of the central banks are buying now. Even the major developed counties, which used to sell it – now they are not selling it anymore, but they might start also buying it. And China has its own strategy, which is to use gold to give credibility to their currency.”

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, Outside Commentaries | Comments Off on Gold Could Easily Hit $2,000 with Black Swan Event (Video)

Today’s Key Gold Headlines – 9/16/13

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 – 9/16/13

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 between the various types of silver that are created around the world.

“You may not have heard the acronym ReRAM, but you will soon. Resistive Random Access Memory or ReRAMs (sometimes written as RRAMs) operate like tiny battery cells and store data through changes in the electrical resistance of the cell. The presence or absence of an electrical charge can be used to store bits of information. Although there are different types of ReRAMs, those using silver ions show excellent promise, according to industry officials.”

Read the Full Silver News Here

Silver ReRAM

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 Latest Silver News from the Silver Institute

Today’s Key Gold Headlines – 9/13/13

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 – 9/13/13