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The Shutdown and the Lying Epidemic
A government shutdown is often more of a spectacle than a reality. The long-term effects are minimal and the workers going without pay are paid as soon as the new budget is put into place. While some capitalize on the inherent, dramatic nature of the moment, most seasoned political vets see it as a bargaining […]

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Three Millenia, Three Standards the US Government Isn’t Meeting
In order to understand the failings of the current American government system, it is necessary to understand where it violates ideological principles of good government. Great thinkers throughout time have all put forward visions of effective rule that have been continuously violated by our current regime for years. Ancient philosophers and modern skeptics have extremely […]

Is the Treasury’s Issuance Strategy a Stealth Bailout?
After once criticising former Treasury Secretary Janet Yellen’s strategy of increasing the Treasury’s share of short-term debt issuance, Scott Bessent has decided to continue the same strategy. It’s part of the Trump administration’s bid to keep long-term interest rates down. But by using fiscal tools to provide low-cost liquidity to financial markets, it’s a bailout […]

Why Has the Upcoming Fed Meeting Not Bumped Gold More?
The odds are set at 94% that the federal reserve will cut rates following the September 17th meeting. Trump has pressured Powell for this for months, and if the Wednesday meeting confirms these rate cuts, it will be a historic step for the Fed. Never before has Executive Branch’s control of money been seen so […]

Jobs Mirage: BLS Slashes 911,000 Positions from the Economy
The Bureau of Labor Statistics dropped a quiet bombshell on September 9, unveiling a preliminary benchmark revision that erased 911,000 jobs from March 2025 payroll tallies. The 0.6% markdown is roughly triple the average adjustment of the past decade and instantly casts doubt on months of breezy “resilient labor market” headlines. Almost the entire shortfall […]

Why Gold is A Manipulator’s Nightmare
From 2003 to 2014, Deutsche Bank manipulated the daily price of gold. In the past, they set gold prices in conjunction with four other banks through phone calls, and they positioned themselves before releasing the prices to the public. Of course, this archaic means of price-setting was done away with, but this situation showed gold […]

Fed’s Waller: ‘Let’s Get On with’ Inflation
Federal Reserve Governor Christopher J. Waller used a Thursday night speech at the Economic Club of Miami to press, yet again, for easier money. Declaring that “the time has come to ease monetary policy and move it to a more neutral stance,” the long-time dove said he would have cut rates in July and plans […]

One Goal, Two Outcomes: Norwegian and Turkish Inflation Targeting Case Study
In a positive turn of events for the Turkish people, yearly inflation reached the lowest it has been in 4 years: 33.5%. This might seem like a laughable accomplishment, but given the turmoil of the Turkish Lira over the past decades, it is a huge positive step. In complete opposition to this, the Norwegian Central […]

Using Tariffs to Reduce the Deficit? Not So Fast
After posturing to use tariffs to eliminate income tax, the Trump administration has now shifted to a narrative that they’ll pay off deficits. Both promises are hollow. Deficits as massive and persistent as ours demand massive Treasury issuance. That means markets have to absorb ever-larger supply, pushing yields higher if demand fails to keep up. […]

Powell Scraps “Make-Up” Inflation Playbook in Jackson Hole
Federal Reserve Chair Jerome Powell used his Jackson Hole podium on August 22 to declare the end of the central bank’s three-year experiment with “flexible average-inflation targeting.” In its place, the Fed is reverting to a straight-forward but “flexible” 2 percent target, a move that comes as economic momentum cools and goods prices perk up. […]

Fed Minutes Reveal Governors’ Thought Process Behind July Rate Hold
Three weeks after the Federal Open Market Committee opted to leave its target range unchanged at 4.25%–4.50%, fresh details from the July meeting shed light on why policymakers are growing uneasy even as they stay on hold. Minutes released Wednesday reveal officials wrestling with sticky price pressures, new tariffs, and a cooling labor market—all while […]