Author: Peter Schiff

Flow of Gold into ETFs Sets Quarterly Record

Flow of Gold into ETFs Sets Quarterly Record BY SCHIFFGOLD for Schiff Gold Inflows of gold into gold-backed ETFs set a quarterly dollar record in Q1 2020 as holdings increased by the most tonnage in any quarter since 2016. Gold-backed ETFs...

Central Banks Add More Gold to Their Reserves

Central Banks Add More Gold to Their Reserves BY SCHIFFGOLD for Schiff Gold Central banks continued their gold-buying spree in February, although the pace of gold purchases has slowed compared to last year’s near-record purchases. On net, central banks globally added...

The Fed Is Printing Cash to Buy Trash

The Fed Is Printing Cash to Buy Trash BY SCHIFFGOLD for Schiff Gold The stock market continued to rally last week despite the fact that the economy remained on lockdown. Stocks made gains even after the weekly report revealing that another...

Central Banks Add More Gold to Their Reserves

Central Banks Add More Gold to Their Reserves BY SCHIFFGOLD for Schiff Gold Central banks continued their gold-buying spree in February, although the pace of gold purchases has slowed compared to last year’s near-record purchases. On net, central banks globally added...

National Debt Tops $24 Trillion

National Debt Tops $24 Trillion BY MICHAEL MAHARREY for Schiff Gold The US national debt pushed above $24 trillion on Tuesday. The US government was already running massive budget deficits long before the coronavirus pandemic and the debt was piling up...

Cash Is Trash

Cash Is Trash BY SCHIFFGOLD for Schiff Gold Earlier this year, Ray Dalio quipped that “cash is trash.” During a recent Reddit “ask me anything” session, Dalio doubled down, warning that the rush into the US dollar is a mistake....

Fed Set to Buy Risky Small Business Loans from Banks

Fed Set to Buy Risky Small Business Loans from Banks BY SCHIFFGOLD for Schiff Gold The Federal Reserve keeps coming up with new and creative ways to get more people deeper into debt while simultaneously shielding banks from any risk. On...