July 17, 2019  by SchiffGold  0   1 The silver-gold ratio has been way out of whack for months. In recent weeks, it has been above 90-1 and approached 93-1. The modern average over the last century is around 40:1. This tells us that silver is significantly undervalued compared to gold. Peter Schiff has described this as silver on… Read More

President Trump moved recently to nominate an avowed sound money advocate, Judy Shelton, to the Federal Reserve Board. That triggered a flurry of superficial and derisive references in the controlled media to Shelton’s past support of a gold standard. For example, CBS News described her as “a believer in the return to the gold standard,… Read More

After gold broke above a critical resistance level, held for the past five years, precious metals’ investors are now wondering, “what’s in store for silver?” While gold surged from $1,340 to $1,440 in just one week last month, silver only went up a mere $0.70. Thus, the Gold-Silver ratio increased from 89/1 to 94/1, in… Read More

July 16, 2019  by SchiffGold  0   0 Last week, we reported that Poland added 100 tons of gold to its reserves through the first half of the year and that it plans to move at least half of that hoard out of London to National Bank of Poland vaults in Warsaw. Although officials haven’t said so publicly, Poland’s… Read More

Lemmings have a herd mentality. But following the crowd, can have grave consequences like falling off a cliff and drowning in the ocean. Many investors have the same instinct. They follow the crowd and buy or sell when other people do. This probably won’t end in the same disaster as the lemmings, but following the… Read More

July 15, 2019  by SchiffGold  0   0 Jerome Powell took center stage last week and the Federal Reserve chair didn’t do anything to dampen expectations of a rate cut. His comments sent both stocks and gold higher. Peter Schiff recently appeared on RT Boom Bust with University of Amherst economics professor Richard Wolff to talk about the Fed… Read More

The federal government will soon run up against its self-imposed borrowing cap once again. Current estimates are for the government to max out its credit limit at a little over $22 trillion in early September. Congress goes on recess in August, so there is some pressure to address the cap right now. Treasury Secretary Steve… Read More

Based on the findings of our gold price framework, we have long argued that we have entered a new gold cycle. However, until now, there was always the risk that strong economic growth could allow the Fed to raise rates above what the FOMC members themselves expected was possible. As markets and the Fed itself… Read More

July 12, 2019  by Michael Maharrey  0   1 Have you heard about the “gold” asteroid? You probably have. It’s been all over the news. Apparently, NASA is planning a mission to a Massachusetts-size lump of rock named “16 Psyche” located in the asteroid belt between Mars and Jupiter. There’s been widespread reporting that this mission could pave the… Read More

July 12, 2019  by SchiffGold  0   0 Jerome Powell took center stage this week and the Federal Reserve chair didn’t do anything to dampen expectations of a rate cut. That sent both stocks and gold higher. The yellow metal pushed back above $1,400 after tanking in the wake of last Friday’s June jobs report and stocks swooned. Everybody… Read More

Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason. Coming up our good friend David Smith of The Morgan Report and MoneyMetals.com columnist joins me for a wonderful discussion on the state of the precious metals, an exciting new silver backed cryptocurrency and when he believes silver will finally play catch up to gold’s… Read More

Presidential candidates Bernie Sanders and Elizabeth Warren are promising as much as $1.6 trillion in student debt forgiveness for millions of borrowers. Critics smell a cynical campaign ploy to try to buy the youth vote. How is it either realistic or fair to declare an entire category of debt to be assumed by taxpayers? Regardless,… Read More

The second half of the year is setting up favorably for the precious metals sector, which was led in the first half by gold and gold mining stocks. Of course, the Wall Street-beholden financial media is largely ignoring metals and mining – preferring instead to give celebratory coverage to every move toward new highs in… Read More

July 11, 2019  by SchiffGold  0   0 The question often comes up: with all of the loosey-goosey monetary policy, historically low interest rates, liquidity injections and quantitative easing, why haven’t we seen huge bouts of price inflation? Some people then take the next step and suggest that since we haven’t had huge bouts of inflation, this kind of… Read More

July 11, 2019  by SchiffGold  0   0 Gold will likely shine over the next six to 12 months as heightened risk meets easy money — this according to the World Gold Council’s mid-year outlook. Gold ranked as one of the best-performing assets through the first half of 2019, beaten only by stock markets – which have also been… Read More