Peter’s Blog

Peter Schiff appeared on CNBC this week with a dire warning on America’s economic future – “It’s gonna be awful!” Do you guys remember the financial crisis of 2008? Did you think that was bad? This is going to be worse.” Peter said this time around, we’re not looking at a financial crisis. We’re staring […]

With May’s shockingly bad jobs report, it’s pretty much a forgone conclusion that a June Federal Reserve rate hike is off the table. After the report came out Friday, Peter Schiff stuck a fork in the June hike possibilities in his SchiffReport Video Blog. Now with the June rate almost certainly a no-go, pundits are […]

During the Mauldin Strategic Investment Conference, Jim Grant said if you want to make money, you have to be willing to go into “scary places.” In an interview after his speech, he clarified what he meant saying you have to have the guts to go against the flow and do things the mainstream will ridicule […]

Will the Fed raise rates? Will it hold steady? What will the next move mean for gold? Investor and creator of Things that Make You Go Hmmm Grant Williams doesn’t really care. He’s going to buy gold regardless. In fact, during an interview at the Mauldin Strategic Investment Conference, Williams said he doesn’t really pay […]

The more things change, the more they stay the same. After pumping up a real estate bubble in the years leading up to the most recent economic crash, it appears the central bankers and government policymakers may have managed to orchestrate a repeat performance. Real estate mogul Sam Zell appeared on CNBC recently and hinted […]

Over the last few weeks, the mainstream has been fixated on the prospect an interest rate hike. Janet Yellen insists the economic fundamentals will support a hike. Pundits keep talking about a “strong economy.” But David Stockman recently appeared on Fox Business with Neil Cavuto and said the next president will inherit a recession. Cavuto […]

Will the Federal Reserve raise rates in June? Peter Schiff says it’s immaterial. Peter appeared on CNBC’s Fast Money and created a firestorm when he said he sees this as a repeat of what happened at the end of last year and suggested everybody knows the Fed is at the end of its tightening cycle. […]

Although it seems to be almost a foregone conclusion in most circles at this point, not every analyst believes the Federal Reserve will hike rates in June, or if they do that it means a long-term upward trajectory. Jim Rickards recently appeared on RT’s Boom Bust and said he thought a rate hike was unlikely, […]

Fed watching has become an obsession. Every day, talking heads parse and dissect the words of central bankers, trying to read the tea leaves and figure out if the Federal Reserve will or will not raise rates next month. But a well-known mainstream market analyst says Fed-obsessed pundits miss the bigger picture. It’s not all […]

A June interest rate hike is the talk of the town. Jim Rickards doesn’t think it will happen, but if it does, he says, “Look out below.” Rickards appeared on RT’s Boom Bust to explain why. First, he makes the case that we shouldn’t listen to every word that comes out of every Fed regional […]