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Peter Schiff spoke with the X22 Report earlier this week and covered the gamut of economic analysis. They first discussed the latest economic data and why the United States is likely heading into a fresh recession in 2016. They compare the coming crisis to 2008, looking at the long-term collapse of the dollar and what […]
Peter Schiff discussed the miserable start for Wall Street in 2016 on Newsmax Prime. Peter said that until the Fed admits the truth about the economy, there is really nothing to stop stocks from continuing on a downward trajectory: There really is nothing to support this market until the Fed acknowledges how weak the economy […]
In a recent interview on CCTV America, Peter Schiff discussed the debt crisis in Puerto Rico and whether the US should bail out the struggling territory. The Puerto Rico Infrastructure Financing Authority went into default earlier this month, fueling speculation that the US should help with a bailout. But Peter argues that is the wrong […]
Nobody really seemed to pay a whole lot of attention to the bombshell dropped by the former president of the Federal Reserve Bank of Dallas, but Peter Schiff picked up on it. Richard Fisher essentially admitted that the Fed manufactured the stock market recovery. Peter talked about it on his podcast. [He]was on CNBC yesterday. […]
On Kitco News yesterday, Peter Schiff put the past three years of falling gold prices in perspective. He emphasized that gold’s recent performance should be considered in the larger picture of a gold bull market that began in 1999. It has simply been investor assumptions and speculation about an improving economy that allowed gold’s correction […]
The new year began with a bang that made Wall Street whimper as stocks sold off on the first Monday of 2016. The Dow suffered its worst opening day of the year loss since 2001. As Peter Schiff pointed out in his podcast, this doesn’t bode well for the upcoming year. There’s an old saying, […]
Jim Grant agrees with Peter Schiff that the Federal Reserve cannot continue to raise interest rates in 2016. On CNBC today, Grant explained his reasoning for why the Fed will regret raising rates in December and reverse its course of action: It seems to me that the Fed is more likely to go to zero […]
Peter Schiff made his regular appearance on InfoWars last Friday. Guest host Paul Joseph Watson talked with him about the Federal Reserve’s rate hike decision and gold’s price movement in response. They also discussed the destruction of the American middle class, the ill effects of minimum wage laws, and the role the Fed will play […]
Peter Schiff’s appearance on CNBC’s Futures Now yesterday was quite different from his interview on Fox Business on Wednesday. CNBC anchors more or less scoffed at his suggestion that the Federal Reserve’s rate hike announcement was simply a strategy to cover the fact that the Fed has almost zero confidence in the United States’ economic […]
Shortly after the Federal Reserve’s rate hike announcement on Wednesday, Peter Schiff appeared on Fox Business alongside Moody’s Chief Economist John Lonski and Fox Business correspondent Charlie Gasparino. For once, everyone seemed to agree with Peter that the Fed’s decision does not actually mean the US economy is truly recovering. As Peter pointed out that […]
