Peter's Blog

Peter Schiff: The Dollar’s Loss Is Not America’s Win

The big story last week was the dollar’s slow meltdown. The dollar index broke below 90 for the first time since the spring of 2018. The financial media hasn’t ignored the dollar weakness, but Peter said they don’t seem to grasp the significance of what’s going on, nor do they realize how much further the […]

Peter Schiff: Jerome Powell’s Ignorance Won’t Be Bliss

In its last meeting of 2020, the Federal Reserve made it clear the easy-money spigot will remain wide open into the foreseeable future. During his post-meeting press conference, Federal Reserve Chairman Jerome Powell seemed clueless about the ramifications of this policy – particularly the impact of inflation. Peter Schiff talked about the Fed meeting and […]

Peter Schiff: Fed Fuels IPO Folly

There were two big IPOs last week – DoorDash and Airbnb. Both companies raised over $3.5 billion in their public offerings. In his podcast, Peter Schiff talked about the IPO frenzy. He argues that it has very little to do with funding great business ventures. It’s more about making a quick buck in a market […]

Peter Schiff: The Bond Market Is Broken

A lot of pundits and analysts insist inflation isn’t a problem because the bond market isn’t signaling any inflation concerns. But in his podcast, Peter Schiff argues that you can’t rely on this bond market to tell you anything. The bond market is broken, thanks to the Federal Reserve. It’s rigged and it’s sending false […]

Peter Schiff: The Fed Is Fighting Fire With Fire

The US dollar has been showing significant weakness over the last several weeks. The dollar index closed at 90.814. Just two weeks ago, it was in the 94 range. Compared to the Swiss franc, the dollar is at a 6-year low. In his podcast, Peter talked about the dollar weakness and the Federal Reserve policy […]

Peter Schiff: Government “Help” Is Not Helping

The stock market is booming as everybody anticipates an end to the coronavirus pandemic with the rollout of a vaccine. But as Peter Schiff pointed out in this podcast, the rally isn’t really about a cure for COVID. It is being driven by government and central bank policies meant to shield us from the pain […]

Peter Schiff: The Real Villain Is the Fed

We’re approaching all-out market mania with optimism about a COVID vaccine and the ensuing economic renaissance that many seem convinced is right around the corner. On Tuesday (Nov. 24) the Dow Jones closed about 30,000 for the first time. On his podcast, Peter Schiff talked about the big stock market rally. He said it’s not […]

Peter Schiff: The Fed’s COVID Cure Is Making the Economy Sick

A lot of people are turning more bullish on the economy with the possibility of an effective COVID-19 vaccine. But in his podcast, Peter Schiff argued that coronavirus isn’t the problem.  COVID-19 isn’t making the economy sick. All of the Federal Reserve stimulus and money printing is making the economy ill. And coronavirus vaccine isn’t […]

Peter Schiff: We’ve Sold Our Monetary Souls to the Devil

Stocks continue to surge upward thanks to optimism about a coronavirus vaccine. Of course, stocks have been on a bull run ever since their big March drop at the beginning of the pandemic. This led Peter Schiff asks a poignant question during his podcast: if COVID-19 didn’t hurt the stock market, why should a vaccine […]

Peter Schiff: Can America Really Take a Paid Vacation Funded by Uncle Sam?

Michael Osterholm is one of the doctors advising Joe Biden on the coronavirus. He has said the US needs to impose a complete lockdown for four to six weeks. Osterholm claims this won’t be a problem because the US government can just pay everybody. In other words, Uncle Sam would give every American a paid […]