Contact us
CALL US NOW 1-888-GOLD-160
(1-888-465-3160)
POSTED ON February 7, 2023  - POSTED IN Peter's Podcast

We saw a big rotation into risk assets after last week’s Federal Reserve meeting. Then we had another big shock to the markets when the non-farm payroll report came out much stronger than expected. In his podcast, Peter Schiff broke down the market reaction to last week’s events and reveals that while risk was on, economic understanding was off.

POSTED ON February 6, 2023  - POSTED IN Peter's Podcast

With the Federal Reserve delivering a smaller 25 basis point rate hike at its February meeting, there is a perception that the central bank is nearing victory in the inflation fight. But as Peter Schiff pointed out during his podcast, Jerome Powell made several statements that indicate he doesn’t really understand inflation. That raises a question. How can the Fed fight what it doesn’t understand?

POSTED ON February 3, 2023  - POSTED IN Friday Gold Wrap

Do you believe your eyes? Or do you believe your ears? That’s the dilemma you face as you try to make sense of the latest Federal Reserve meeting and Jerome Powell’s messaging. It’s also a question to ask yourself if you’re evaluating the performance of gold over the last year. In this episode of the Friday Gold Wrap podcast, host Mike Maharrey explores this dilemma in both contexts.

POSTED ON January 30, 2023  - POSTED IN Guest Commentaries

There is a relentless push to raise the minimum wage, both at the state and national levels.

Minimum wage advocates somehow think that their wishful thinking can override basic economics. But no matter how much they tell you otherwise, supply and demand are a thing. Raising the cost of labor will mean less labor employed, all other things being equal.

But every so often, we get an economic study that claims basic economics has been overturned.

POSTED ON January 30, 2023  - POSTED IN Peter's Podcast

The mainstream is optimistic about both the economy and the Fed’s fight against inflation. In his podcast, Peter Schiff took apart the mainstream narrative, explaining that the economy is much weaker than most people realize and the Fed is nowhere near victory in the war on inflation.

POSTED ON January 27, 2023  - POSTED IN Friday Gold Wrap

With a debt ceiling debate now underway, a dumb idea has once again raised its ugly head – the trillion-dollar coin. This week on the Friday Gold Wrap podcast, host Mike Maharrey uses this so-called “solution” to the debt ceiling problem as an opportunity to teach some economics. In this episode, he also touches on the GDP data that came out yesterday.

POSTED ON January 24, 2023  - POSTED IN Key Gold Headlines

The US economy runs on money printing and artificially low interest rates. Nowhere is that more obvious than in the housing market.

With aggressive rate hikes in its war against price inflation, the Federal Reserve pricked the housing bubble and air continues to seep out. Existing home sales fall for the 11th straight month in December — the longest streak of declines in history.

POSTED ON January 23, 2023  - POSTED IN Peter's Podcast

Last week, the Producer Price Index data finally showed some cooling of wholesale prices. That coupled with better-than-expected CPI data further buoyed hope that the Fed is winning the war on inflation. But in his podcast, Peter Schiff emphasized that easing inflation is transitory. And a weakening dollar will be a big part of the story.

POSTED ON January 20, 2023  - POSTED IN Friday Gold Wrap

Pop some popcorn and get ready for the next political dog and pony show. The US government bumped up against its statutory borrowing limit this week. In this episode of the Friday Gold Wrap podcast, host Mike Maharrey talks about the looming debt ceiling fight and the deeper problems that will inevitably get ignored as everybody absorbs the political theater. He also talks about the growing bullishness in the gold market.

Call Now