Peter’s Blog

Kyle Bass, a well-known hedge fund manager who profitably shorted the subprime mortgage crisis, strongly believes gold investors should take physical possession of their precious metals. Speaking about his role as a fiduciary board member for the University of Texas Investment Management Company (UTIMCO), Bass explained last year why he advised UTIMCO to take physical […]

Jim Grant didn’t hesitate when asked. He sees the price of gold is going up. Grant made the rounds Wednesday, appearing first on CNBC, saying he thinks the US is already in a recession, and we can expect even crazier monetary policy in the future. Then he did an interview with The Street and made […]

Jim Grant appeared on CNBC’s Closing Bell and unhesitatingly said he thinks the US economy has already gone into recession: I think we are in one…I think there’s a defensible case to be made that a recession began late last year.” Grant echoed what Peter Schiff has been saying. In his Gold Videocast last week, […]

All of a sudden, everybody has gone bullish on gold, even Wall Street. Within the last couple of days Jim Cramer, the CNBC Nightly Business Report, and Van Eck Global all sang gold’s praises. Cramer said, “There is a bull market in Gold,” and CNBC Nightly Business Report opened the show Monday proclaiming, “Hard assets […]

In his inaugural Gold Videocast for SchiffGold a few weeks ago, Albert K Lu interviewed Adrian Day, CEO of Adrian Day Asset Management. Day said he believes the gold market is “consolidating, bottoming, and turning around.” The last couple of weeks seem to confirm Day’s insight. Since hitting its low the day after the Federal […]

Today, the President of the Federal Reserve Bank of New York admitted that tightening financial conditions could affect the Fed’s “monetary policy decision.” In his February Gold Videocast, Peter Schiff translates William Dudley’s statements: the Fed is not going to be able to keep its promise of raising interest rates four times throughout 2016. In […]

Peter Schiff recently appeared on Newmax Prime with J.D. Hayworth and tackled the issue of falling oil prices and crashing stock markets, saying there is no causal relationship between the two. In fact, both are crashing for the same reason: Wall Street is just trying to blame the carnage in the stock market on oil […]

The downturn in the US stock market is a problem made in America by the Federal Reserve, argued Peter Schiff on the Daily Ledger. The only question now is when will the Fed restart quantitative easing to ensure the Democrats and Hillary Clinton don’t face the same problem Republicans encountered at the end of Bush’s […]

On Wednesday, the founder of the world’s largest hedge fund appeared on CNBC and made exactly the same prediction Peter Schiff has been making for months – the Federal Reserve’s next moves will be taking rates back to zero and launching another round of quantitative easing. It’s important to remember that Ray Dalio doesn’t share […]

In his most recent Liberty Report, Ron Paul declared that the economic calamity anticipated by many free market advocates is now at hand. Paul focused in on the obsession people like Paul Krugman have with deflation, pointing out that it isn’t the problem; it is merely the symptom of an economy trying to correct itself. […]