Peter’s Blog

USAWatchdog’s Greg Hunter spoke with Peter Schiff this week. They discussed the intricate problems of Europe and Greece, the phony economic recovery in the United States, and how investors can protect themselves when wars break out. Peter also responded to the ongoing negative sentiment of gold bears who continue to predict a lower gold price […]

Peter Schiff is flabbergasted that the financial media is reporting China’s large trade surplus as a negative for its economy, while America’s huge trade deficit is portrayed as a positive. Both China’s surplus and America’s deficit are blamed on the same thing – a strong currency. After debunking this misinformation, Peter moves on to tear […]

John Stossel and Peter Schiff discussed why the bailout of the big banks during the 2008 financial crisis simply laid the groundwork for a more severe economic calamity. If the free market were allowed to function, short-term economic pain would be overcome by a more fundamentally sound and independent economy. Unfortunately, Peter observes that the […]

Alan Greenspan has predicted that Europe is not going to continue to loan money to Greece. He believes this will lead to Greece exiting the euro, and possibly the eventual dissolution of the euro entirely. Axel Merk agrees that Northern Europe is ready to abandon Greece. He gives an excellent, in-depth explanation of the Greek […]

Peter Schiff digs into the new jobs numbers and the latest trade deficit report, asking the tough questions the mainstream media avoids. When viewed together, the latest data reveal that the United States’ economy is consumer-based with failing production. Peter believes the uptick in unemployment may be the beginning of a new negative trend.

Gallup CEO Jim Clifton caused big waves across the media on Tuesday when he published an article calling the official government unemployment number of 5.6% a “big lie.” Clearly the powers that be were not pleased with the criticism. The very next day, Clifton appeared on CNBC to qualify his statement. In an almost Orwellian […]

Marc Faber has been long on gold since the mid-1990s. He thinks 2015 may be the year that investors wake up to the scam that is central banking. The only way to bet against the central banks is to buy gold. You can take a riskier approach and get into gold mining stocks, but the […]

Peter Schiff reviews the most recent United States economic data and the reaction of the foreign exchange markets in his latest podcast. We’re seeing some of the worst economic numbers since the Great Recession, so will the Federal Reserve really raise rates this year? Peter also discusses the propaganda surrounding Standard & Poor’s settlement with […]

Peter Schiff explains the sharply lower GDP growth in the fourth quarter of 2014 and shares his predictions for 2015. Peter asks the ultimate question that everybody seems to be ignoring – How can analysts expect the United States to experience better GDP growth in 2015 when they also expect the Federal Reserve to raise interest […]

Tom Woods interviewed Peter Schiff this week. Woods is a senior fellow at the Mises Institute, a New York Times bestselling author, and a well-respected voice of Austrian Economics. He and Peter had a friendly conversation about the broader economic problems facing the world and what investors can do to prepare.