Peter’s Blog

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 […]

Peter Schiff appeared on Fox Business this week and the first thing he did was talk about how good gold investments are doing, saying they are “the best…doubled or more.” He then launched straight into the reason why. The economy is a mess. If this economy wasn’t a disaster, Trump wouldn’t have the support that […]

Capitalism appears to be falling out of favor. Socialism is in vogue. Or at least that’s the impression one gets when talking to millennials in America. A recent Harvard University poll shows that more than half of Americans in the 18-29 age bracket oppose capitalism. Ron Paul appeared on RT America’s Boom or Bust show […]

Gold has gone up more than 18% this year, but Doug Casey told Albert K Lu this is just a small move. He sees gold going much higher in the next year: I think there’s going be a panic into gold and out of paper currencies. So this small up-move that we’ve gotten here since […]

Peter Schiff has been saying for months that the US is probably already in a recession. In fact, during his April 4 podcast, Peter made the case that the “very massive recession,” Donald Trump predicted has already begun (Scroll down to listen.): Everybody is saying he is nuts because the economy is great. Look at […]

Jim Grant appeared on CNBC’s Closing Bell to discuss the Fed’s latest non-move in interest rates, noting that “it seems awful familiar.” Grant offered a stinging indictment of the Fed’s role in the world, pointing out that central planners simply can’t juggle all of the varying factors in the economy. Every move the Federal Reserve […]

With the Federal Reserve preparing for another meeting, pundits are talking interest rate hikes. Even AP is speculating that a rate hike is unlikely this go-around, blaming problems the “global economy.” The US job market is healthy. The stock market is up. Home prices are rising. Yet as the Federal Reserve prepares to meet this […]

ReasonTV asked Californians what they thought the “right” minimum wage is. Unsurprisingly, most of the people in the “trendy, hipster enclave” of Silver Lake in Los Angeles just assumed a higher minimum wage is simply a no-brainer, win-win for society and workers. They didn’t hesitate to insist a $15-20 minimum wage was a necessity for […]