Gold Videocast: Peter Schiff Answers Your FAQs (Video) September 11th, 2014
Gold Videocast: Jim Rickards & Peter Schiff on Gold & Currency Wars (Video) August 13th, 2014
Argentina’s Default – A Euro Pacific Precious Metals Original Commentary August 8th, 2014
Euro Pacific Precious Metals Now Accepts Bitcoin May 21st, 2014
The Gold Price Is Fixed. So What? May 1st, 2014
Gold Scams Revisited March 6th, 2014

Category Archives: Featured

Gold Videocast: Peter Schiff Answers Your FAQs (Video)

Posted on September 11, 2014 by admin

Peter answers some of the more challenging questions he has received from you, his loyal clients and subscribers. Learn what he really thinks about gold manipulation, why Wall Street hates gold, who should buy silver instead of gold, and more!

0:05 – Question: “According to the financial media, the world has ‘fallen out of love with gold.’ Is this really true?”

0:40 – The world cannot fall out of love with something it never loved in the first place – but it will fall out of love with fiat currencies.

2:03 – The time to buy gold is when everyone hates it. That’s why it’s so cheap.

2:30 – Question: “In your last Gold Videocast, Jim Rickards said that gold price manipulation is true. Why do you keep ignoring this issue”?

2:40 – Even if gold is being manipulated, I still want to own it.

3:10 – If manipulation is true, it allows my clients to buy more at artificially low prices.

3:38 – Manipulation cannot go on forever. Before long, free-market forces overwhelm artificial price controls.

4:17 – Question: “You keep warning about hyperinflation and a collapse of the US dollar, but it hasn’t happened! Has our modern banking system solved this problem?”

4:43 – You have to warn about things in advance to give people time to prepare, which is exactly what I did with the housing bubble.

6:03 – A recent article mentioned widespread Shrinkflation. If a company charges the same price for less of a product, that’s still inflation!

6:55 – Inflation will become hyperinflation if the government doesn’t take drastic measures.

7:15 – Question: “You always recommend gold as the best way to protect one’s wealth, but I can’t afford it. Is silver a good alternative?”

7:28 – Silver coins are better for small barter transactions.

7:57 – There is more potential for upside in silver. So if you can only afford a little right now, why not get started with the metal that may give you more bang for your buck?

8:10 – Eventually, you should hold both metals, but for some people it makes sense to get started with silver.

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 Featured, Peter's Commentaries, Videos | 9 Comments

Gold Videocast: Jim Rickards & Peter Schiff on Gold & Currency Wars (Video)

Posted on August 13, 2014 by admin

In his latest Gold Videocast, Peter Schiff meets with Jim Rickards, author of The Death of Money, for an exclusive interview about gold’s role in the international currency wars.

Jim Rickards is Chief Global Strategist at the West Shore Funds, and Director of The James Rickards Project, an inquiry into the complex dynamics of geopolitics + global capital. In The Death of Money, Rickards shows why another monetary system collapse is rapidly approaching – and why this time, nothing less than the institution of money itself is at risk. Fortunately, it’s not too late to prepare for the coming death of money. Rickards explains the power of converting unreliable money into real wealth, such as gold and other long-term stores of value.

0:28 – A review of the most recent developments in the international currency war and why the US is unfortunately going to “win.”

1:43 – Countries with the biggest dollar reserves are building up gold reserves in preparation for a currency crisis.

2:15 – China’s officially reported gold holdings are probably false. Rickards leads Peter through his reasoning that China’s gold holdings are likely 4-5 times greater than official reports!

4:00 – If China told the truth about how much gold they really have, the dollar would collapse and gold would skyrocket. They don’t want this to happen before they’ve bought as much gold as they feel they need.

5:11 – Why has Germany seemingly changed its mind about repatriating its gold?

6:49 – Basically, the Fed has “leased” the same gold over and over again.

7:12 – Rickards explains why gold dropped in 2013 and why it was a one-time event.

8:10 – At some point, US Treasuries can no longer be the safe haven for investors.

8:30 – Rickards addresses the problems surrounding the London Gold Fix and how the gold market is moving to the East. Shanghai is rewriting the rules of the gold market.

10:01 – Rickards explains how the next liquidity crisis will play out, with the collapse of central banks, as well as sovereign nations.

11:17 – When you have a currency crisis, it’s the paper wealth that evaporates. Rickards explains how Warren Buffet is preparing for exactly this endgame – by dumping paper money and buying hard assets.

Posted in Featured, Interviews, Videos | 18 Comments

Argentina’s Default – A Euro Pacific Precious Metals Original Commentary

Posted on August 8, 2014 by admin

Argentina’s Default: A Devastating Lesson in Unfunded Government Liabilities

By Dickson Buchanan Jr., Director of International Development

Last week, on July 30, the Republic of Argentina was declared to be in default for the third time in 30 years.

Let’s put that into perspective. If you were a bank officer who offered a 30-year mortgage to the Government of Argentina in the early ‘90s you would have spent nearly the entire life of the loan in a perpetual nightmare of refinancing. You would likely be not only fired from your job, but a pariah in the entire industry. This is what Argentina’s international creditors and domestic citizens have faced in real life. At the time of writing this article, S&P has downgraded Argentina to CCC-, one of the lowest ratings available for sovereign governments.

The tragic history of sovereign defaults in Argentina expounds a vitally important lesson to all overly indebted countries, including the US, which do not want to face a similar fate.

The inability for governments to pay back debt spells economic disaster.
(more…)

Posted in Featured | 1 Comment

Euro Pacific Precious Metals Now Accepts Bitcoin

Posted on May 21, 2014 by admin

We are excited to announce that through a new partnership with BitPay, we now accept bitcoin payments! We are the largest precious metals dealer in the world to do so. Speak with one of our Precious Metals Specialists today for more information. Read the full press release below.

NEW YORK – BitPay, world leader in business solutions for Bitcoin digital currency, announces a partnership with Euro Pacific Precious Metals. Based in New York City, Euro Pacific Precious Metals is a major international gold and silver dealer – and the world’s largest by volume to accept bitcoin to date.

Euro Pacific Precious Metals is led by famed investor Peter Schiff and specializes in making high-quality bullion coins and bars part of its customers’ financial portfolio. The company has built a reputation for calling out unsavory practices in the gold dealer industry, and for its honest and competitive pricing across all product categories. Executives at Euro Pac Metals regularly seek out new ways to make transactions easier and cheaper for its customers, which is why BitPay was chosen.

“Bitcoin offers tremendous benefits as a medium of exchange for both our domestic and international customers. A wire transfer of fiat funds can be slow and expensive for the customer, and credit card fees are too high to absorb at the low premiums we offer. Not only does BitPay’s service make business sense, but we are excited about giving owners of bitcoin the opportunity to inexpensively and reliably convert any excess holdings into precious metals rather than back to fiat currency,” said Michael Finger, Director of Marketing at Euro Pacific Precious Metals.

This partnership marks another major milestone in the acceptance of bitcoin worldwide, as larger and more global companies embrace the digital currency.

“We are very excited to form a partnership with Euro Pacific Precious Metals, especially right on the heels of our collaboration with Toshiba. BitPay is honored to have a role in helping such global and established companies integrate bitcoin into their payment systems, ” said Tony Gallippi, Executive Chairman of BitPay.

BitPay is attracting merchants who sell low-priced goods where credit card fees are expensive and high-ticket items such as gold and silver where chargebacks are common and costly. Accepting bitcoins allows merchants to make these transactions irreversible, while eliminating the risk of fraud and identify theft for the buyer.

About BitPay
BitPay is a Payment Service Provider (PSP) specializing in eCommerce, B2B, and enterprise solutions for Bitcoin digital currency.

Posted in Daily Gold Headlines, Featured | 26 Comments

The Gold Price Is Fixed. So What?

Posted on May 1, 2014 by admin

Check out Peter Schiff’s May Gold Letter released today. Peter addresses the topic that has been on the mind of every precious metals investor – gold price manipulation. Peter argues that even if gold is fixed, the real question is… does it matter? Plus, Casey Research shares the latest facts about silver’s fundamentals, Lampoon the System reveals how China hides its gold, and much more. Enjoy!

“We can’t ignore it anymore – the markets are rigged. The LIBOR scandal broke almost two years ago, and the banks found responsible for manipulating that key index are still dealing with lawsuits. Meanwhile, allegations of gold market manipulation have been simmering for over a decade and grew into an inferno after the spot price dropped dramatically last spring.

Yet I’m left wondering what the conspiracy theorists hope to accomplish. Yes, I believe in exposing truth for its own sake and that the individual investor should have the same opportunities in the marketplace as the big institutions. But with these conspiracists, there is often a subtext of, “Because the price is suppressed, buying gold is for suckers.” I think this conclusion is precisely wrong.”

Continue Reading the Full Gold Letter Here

Posted in Featured, Peter's Commentaries | 1 Comment

Gold Scams Revisited

Posted on March 6, 2014 by admin

The March 2014 Gold Letter is now available. In his commentary, Peter Schiff announces the release of his newly updated Classic Gold Scams special report and reexamines some common gold scams that investors would be wise to avoid. An essay by Alasdair Macleod reviews the major gold stories of 2013 that laid the foundation for a strong 2014 for the yellow metal. Plus, Lampoon the System imagines central bankers participating in the Olympics, our FAQ looks at gold bars versus coins, and we finish up with important gold news from February.

“Before Bear Stearns and Lehman collapsed, the market for physical gold was limited to a relatively small group of investors who understood the havoc inflation was wreaking on our savings and the US markets. As the financial crisis took hold, a flood of new and inexperienced buyers entered the market, creating an opportunity for unscrupulous metals dealers to swindle their way to massive profits. This is what drove me to launch my very own gold dealer, Euro Pacific Precious Metals, to provide a safe alternative for those who were taking my advice to diversify into sound money. In our first year of business, I released Classic Gold Scams and How to Avoid Getting Ripped Off, a free report that has saved countless investors from losing their shirts.

Fast forward several years and the markets look like a film on repeat. We are once again building toward a massive financial crisis – one that will make 2008 seem like the good old days. Unfortunately, the majority of investors are once again playing the US markets and shunning gold. I encourage my readers to consider diversifying into precious metals now, while the market is still distracted. To this end, and in preparation for the inevitable mad rush when conventional investors again flock to safety, I have updated and re-released my Classic Gold Scams report to help newcomers learn how to buy gold and silver the right way.”

Read the Full Gold Letter Here