Peter’s Blog

In December’s Gold Videocast, Peter Schiff responds to the Swiss voters’ rejection of the “Save Our Swiss Gold” initiative. He explains why the results of the referendum spell the end of a stable Swiss franc, but also the long-term success of gold. With no truly sound, safe-haven currencies left in the world, both Swiss and […]

This afternoon, CNBC Europe asked Peter Schiff about the effects of low oil prices on the European economy. Peter used the opportunity to explain why the governments of Europe, the United States, and Japan are all playing the same game: claiming inflation is good for the economy, when in fact it just allows politicians to […]

No one can deny how poor retail sales were this past holiday weekend. Yet the media is spinning this news as proof that the United States economy is improving. In his latest Schiff Radio podcast, Peter Schiff picks apart this ridiculous narrative by looking closely at retail figures, media reports on the phenomenon, US box […]

India – once the world’s largest gold consumer – has eased restrictions that had limited its gold imports and allowed China to overtake it in gold consumption. The so-called “80:20 rule” has been dropped, which required gold importers to reexport at least 20% of their imported gold. The rule was supposed to shrink a high […]

Swiss Vote “No” on the “Save Our Swiss Gold” Initiative Wall Street Journal – Swiss voters voted down the Swiss gold referendum that would have forced the Swiss National Bank to hold 20% of its assets in gold. About 78% of voters were against the initiative, which was heavily opposed by the SNB and much […]

Mises Institute President Jeff Deist interviewed Claudio Grass, Managing Director of Global Gold, about the Swiss gold initiative taking place this Sunday. Grass provided insights into the mind of the average Swiss citizen, while discussing the following topics: What might the growing gold repatriation movement mean for the ECB and the Fed? Is hostility against […]

Switzerland will vote on the “Save Our Swiss Gold” initiative this Sunday, and the news is reminding everyone just why the financial world is watching so closely. USA Today and the Wall Street Journal can give you a good summary of how the Swiss gold initiative would affect the policies of the Swiss National Bank […]

As the world waits to see if the Swiss people will force the Swiss National Bank to re-embrace gold on November 30th, there’s another major country that has been buying gold without any pressure from its populace – Russia. We’ve reported on Russia’s currency wars against the West (here, here, and here), but exactly how […]

A couple weeks ago, Peter Schiff recorded a video appealing directly to Swiss voters to pass their gold referendum on November 30th. You can watch it here. Now, Peter has released a written commentary in the days leading up to the referendum to remind both the Swiss and the rest of the world how important […]

You might have noticed that Paul Krugman came out swinging at Peter Schiff and Austrian economics in his New York Times column this weekend. Peter responded to the hit-piece, explaining to Krugman why he’s declaring a Keynesian victory far too early.