Peter’s Blog

Peter Schiff has been saying that it’s only a matter of time before the student loan bubble pops. Now you can watch the clock tick thanks to the new National Student Loan Debt Clock developed for MarketWatch by StartClass, an education data site. According to MarketWatch calculations, student loan debt increases in America by an […]

In a new podcast, Tom Woods tears apart an article from the liberal website Think Progress in which an amateur economist attacks the gold standard. Joseph Salerno (Academic Vice President of the Mises Institute) and Jeffrey Herbener (Associate Editor of the Quarterly Journal of Austrian Economics) joined Woods to counter the mainstream misconceptions of the […]

China announced it will start direct trading with the Swiss franc. This is another step in China’s relentless march toward becoming a major player on the world financial stage and away from dependence on the US dollar. According to a Bloomberg report, the link between the currencies will begin Tuesday. The move by the China […]

In his latest appearance on Alex Jones’ InfoWars, Peter Schiff began by discussing the tyrannical imprisonment of his father Irwin Schiff. They went on to discuss the economic predicaments of both the United States government and the average American citizen. In a country crippled by debt and an unhealthy sense of entitlement, Alex and Peter […]

While Janet Yellen keeps hinting at a “possible” US interest rate hike – something Peter Schiff has argued for months is highly unlikely – it appears the European Central Bank (ECB) will soon take rates deeper into negative territory. Americans should take note of what is happening across the pond, because it may eventually happen […]

In his latest video blog post, Peter Schiff challenges the mainstream notion that the October jobs numbers released yesterday are good enough to justify the a Federal Reserve rate hike in December. Just because a rate hike is a possibility doesn’t mean it’s going to happen. It’s been a possibility all year. People thought it […]

The CEO of Degussa Golchandel, the largest precious metals bullion dealer in Europe, explained why he disagrees with the mainstream market sentiment concerning the price of gold. Rather than dropping to $1,000 an ounce, Wolfgang Wrzesniok-Rossbach expects a $1,500 price point in the near future. He has three core reasons for this analysis: speculative investors […]

Mainstream economists continue to defend and even praise Ben Bernanke’s response to the 2008 financial crisis. But as it becomes more and more obvious that the United States economy never fundamentally recovered from the Great Recession, savvier analysts are speaking up. On Bloomberg TV, David Stockman lambasted Bernanke for flooding the markets with zero-cost money, […]

On Monday, the United States national debt increased $339 billion. In one day. Just like that. What caused the sudden spike? That same day, President Obama signed a bill into law suspending the debt ceiling until March 15, 2017. That allows the government to once again borrow, free from the constraints of an $18.1 trillion […]

Peter Schiff joined two other guests on Fox Business’ Closing Bell with Liz Claman. They discussed what it would take for the United States government to balance its budget without deficit spending. Peter Hoekstra, a former Republican Congressman from Michigan, argued that the government had managed to balance the budget in the 1990s. However, Peter […]