Peter's Blog

The Fed’s Fiat Money System: Economically and Socially Destructive

The COVID-19 pandemic put Federal Reserve easy-money policy on hyperdrive. But make no mistake, the Fed was already forcing interest rates artificially lower and engaging in quantitative easing long before coronavirus arrived on American shores. In fact, there was no plausible exit strategy from this policy after the 2008 financial crisis and there is no […]

Peter Schiff: Jerome Powell Is Completely Clueless

The Federal Reserve played the same tune during its first Open Market Committee meeting of the year, but the partygoers on Wall Street didn’t dance. In his podcast, Peter Schiff talked about Jerome Powell’s post-meeting press conference and said the Fed chair is “completely clueless” to the true nature of the problems facing the economy. […]

Fed and Government Policy Driving Housing Bubble 2.0

Millions of Americans remain out of work. The US economy continues to languish, burdened by government lockdowns and other pandemic-related factors. Retail sales have dropped precipitously over the last several months, underscoring the economic malaise. So, how is it that the housing market is booming?

Peter Schiff: You’ve Got to Know When It’s Time to Leave the Party

For months, Peter Schiff has been warning that the stock market is a bubble. It is detached from any political or economic reality and is being driven by Federal Reserve monetary policy. During an interview on NTD Business News, Peter said a lot of investment advisors know this too, but they are advising people to […]

Ol’ Joe Takes the Wheel: SchiffGold Friday Gold Wrap Jan. 22, 2021

Joe Biden took the country’s wheel on Wednesday. For some, it was a day of celebration. And for some, it was a day of mourning, depending on your political perspective. But what is really in store for us in the Biden years? In this episode of the Friday Gold Wrap podcast, host Mike Maharrey considers […]

Peter Schiff: Biden Takes the Helm of a Sinking Ship

Joe Biden was inaugurated on Jan. 20, becoming the 46th president of the United States. And as Peter Schiff put it in his podcast, he took the helm of a sinking ship.

Spend! Spend! Spend! SchiffGold Friday Gold Wrap Jan. 15, 2021

The US government ran the biggest December deficit in history last month and there is no end in sight to the borrowing and spending. President Biden unveiled a new $1.9 trillion stimulus plan this week. So what? Why does it matter? Can’t this “rescue the economy?” Host Mike Maharrey talks about all of the spending […]

2021 Says “Hold My Beer!” SchiffGold Friday Gold Wrap Jan. 8, 2021

Everybody was happy to get 2020 behind them. We figured it can’t get any crazier. Then 2021 showed up and said, “Hold my beer!” During the first full week of 2021, we had surprise election results and protests that went sideways in Washington D.C. That produced strange reactions on Wall Street. In this episode of […]

Peter Schiff: We Don’t Get Any Government for Free

Last September, Peter Schiff warned during an interview on RT Crosstalk about the devaluation of the dollar. Everybody in America is going to be impoverished to a degree by these failed policies.” Peter recently appeared on the Chris Salcedo Show on NewsMax to talk more about government spending, inflation, and the weakening dollar.

Peter Schiff: Congress Is the Real Threat, Not Protests

Somewhat lost in the chaos of the DC protests was the fact that Democrats won both Georgia Senate runoff races. That effectively gives the Democrats control of both houses of Congress. In his podcast, Peter Schiff made the case that Congress is the real threat to America, not the protesters who broke into the Capitol […]