Peter's Blog

There Are No Real Goal Posts for Raising Rates (Video)

Appearing on Yahoo! Finance, Peter Schiff underscored that the Federal Reserve has been bluffing about raising interest rates. In fact, they will continue to bluff for as long as possible until they’re forced to deal with a deflating asset bubble. He also pointed out the arbitrariness of the Fed’s supposed goal posts: previously they had […]

An Economic Wake-Up Call to a Deaf Congress (Video)

Laurence Kotlikoff, Professor of Economics at Boston University, appeared before Congress last month and called them out on phony accounting. He told Greg Hunter of USAWatchdog that despite his best attempts, he could not make senators see how the fiscal situation of the country is not as rosy as official numbers would have us believe. […]

A Fed Rate Hike Is “Possible,” but Inflation Is Inevitable (Video)

Peter Schiff has been making the rounds of the financial media this week, warning that the Federal Reserve has no intention of raising interest rates. Fox Business moved on from this topic and asked Peter to defend the latest weakness in the gold price. Peter noted that gold has risen 5-fold in the last decade […]

Peter Schiff Debates Monetary Policy and Bailing on the Dollar (Video)

The Federal Reserve removed “patient” from its policy statement and the media exploded with speculation on what the move might mean. Peter Schiff appeared on a panel discussion on Canada’s Business News Network to address the idea that removing the word means the Fed intends to raise rates. The discussion turned into a lively debate […]

The Fed Is Duty-Bound to QE (Video)

Peter Schiff is one of the only voices warning that the Federal Reserve is going to start a new round of quantitative easing instead of raising rates. You can add well-known investor and analyst Jim Grant to the list of contrarian economists. Yesterday, Grant told CNBC that the Federal Reserve will revert to its worn-out […]

Losing “Patient” Doesn’t Mean the Fed Has Lost Patience (Video)

Peter Schiff responds to the hubbub surrounding the Federal Reserve’s dropping of the word “patient” from its policy statement. Janet Yellen’s diction is meaningless, but if you look closely it also reveals that the Fed is far more dovish than people think. The Fed can play all the mind games it wants with the markets, […]

Is China Stockpiling Gold to Unpeg from the Dollar?

Bloomberg hosted ANZ Chief Economist Warren Hogan to discuss Asian demand for gold. Hogan co-authored a new study showing that gold demand in Asia is poised to rise substantially. As supply constraints lift and incomes in the East rise, consumers in countries like China and India will continue to buy record amounts of gold. More […]

We Live in a “Black Swan” World

Bloomberg had a roundtable discussion with Nobel Laureate Robert Shiller, author of Irrational Exuberance, about keeping past economic disasters in mind. In particular, they discussed the worry that the stock market is on the verge of another 1937 and a 50% correction. 1937 was the year that the word ‘recession’ was invented. Did you know […]

A Fed Rate Hike Is Fantasy; Prepare for QE4 (Video)

The financial media are obsessed with whether or not the Federal Reserve is going to remove the word “patient” from its policy statement concerning an interest rate hike. CNBC asked Peter Schiff for his take, and he told them that the Fed’s statement is meaningless — the Fed can’t raise rates without pushing the United […]

Central Bank Bubbles & Gold’s Fundamentals (Video)

In a long interview with Gordon T. Long, Managing Director of the Lindsey Group Peter Boockvar warns that the Federal Reserve has been creating artificial bubbles for years. In fact, we’re now facing the third bubble in 15 years. The mainstream news claims we’re not in a bubble because “things are different this time.” But […]