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POSTED ON February 19, 2024  - POSTED IN Original Analysis

On Super Bowl Sunday, President Biden took to X (formerly Twitter) to skewer consumer brands for “shrinkflation,” a phenomenon where product vendors reduce package sizes without proportionally reducing price, in what essentially amounts to a per unit cost increase for consumers. The video explicitly calls out popular snack brands such as Breyers, Gatorade, and Tostitos— all food products that are likely on the top of consumers’ minds when thinking of inflation. 

POSTED ON October 27, 2023  - POSTED IN Market Brief

This week, gold and silver went their separate ways, with gold rising and silver falling. In European trade this morning, gold was $1985, up $4 from last Friday’s close, while silver was 22.81, down 21 cents. Gold is edging higher, while silver edges lower.

POSTED ON April 28, 2021  - POSTED IN Peter's Podcast

Biden and Company have given us stimulus 3.0. They have unveiled an infrastructure spending plan. But that’s not the end of the spending. Next in the lineup comes the “American Families Plan” — another $1.8 trillion or so of government spending. Peter Schiff talked about it in his podcast, calling it a giant new welfare package. He said ultimately, it’s going to be another giant government boondoggle.

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