Skip to main content

Peter's Blog

Get the latest headlines, market analysis, and original content from SchiffGold.

Posts Tagged: “European Central Bank“

January 20, 2021 Key Gold Headlines

European Central Bank Takes Bond Market Manipulation to the Next Level

Peter Schiff recently explained how the Federal Reserve has rigged the US Treasury market. Well, the European Central Bank has taken bond market manipulation to the next level. According to a Bloomberg report, the ECB is buying bonds to control the yield spread between debt issued by various EU countries. As a result of this […]

August 19, 2019 Videos

Negative Interest Rate Absurdity and How It Screws Up the Economy (Video)

Negative-yielding debt surged to over $15 trillion earlier this month. This pile of negatively-yielding paper includes government and corporate bonds, along with some euro junk bonds. In a recent episode of the Wolf Street Report, Wolf Richter called this “NIRP absurdity.” And it could be coming to America. Negative interest rates started out as a short-term […]

April 5, 2019 Friday Gold Wrap

Who’s Gonna Save Us? SchiffGold Friday Gold Wrap 04.05.19

In this week’s Friday Gold Wrap, Mike Maharrey covers some more bad signs in the economy, including rising oil prices, an unexpected drop in retail sales and a surge in negative-yielding government bonds. At best, it looks like the economy is slowing down. Or it could be the prelude to the next crisis. This raises […]

April 1, 2019 Key Gold Headlines

Negative Yielding Government Debt Surges to Over $10 Trillion

Last week we reported that the yield curve on US Treasurys had inverted after the yield on the 10-year fell below the yield on 3-year bonds for the first time since 2007 – the cusp of the Great Recession. This has historically been an early-warning sign signaling a recession. Now we have some more bad […]

January 25, 2019 Friday Gold Wrap

The Government’s Closed! But Is It? SchiffGold Friday Gold Wrap 01.25.19

The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week’s precious metals news coupled with thoughtful analysis. You can subscribe to the podcast on iTunes.

December 28, 2018 Key Gold Headlines

What Did European Central Bank Quantitative Easing Accomplish? Not Much

We often criticize the Federal Reserve for its three rounds of quantitative easing. Coupled with artificially low interest rates, Fed QE stimulus — essentially money creation –pumped up all kinds of asset bubbles. Now that the US central bank is trying to tighten, we’re beginning to see the air seep out of those bubbles. But […]

June 18, 2018 Key Gold Headlines

Peter Schiff: A Huge Wave of Inflation Is Going to Engulf the Planet

At this point, the European Central Bank isn’t nearly as keen on raising interest rates as the Federal Reserve. The ECB announced Thursday it would likely hold its interest rate steady at zero through the summer of 2019. “We decided to keep the key ECB interest rates unchanged and we expect them to remain at […]

December 18, 2017 Key Gold Headlines

Economic Stimulus Alive and Kicking in EU

Janet Yellen and company pretty much followed the script during last week’s Federal Open Market Committee meeting, raising interest rates another .25 percent and signaling three rate hikes in 2018. We tend to focus primarily on Federal Reserve actions, but it’s important to remember the Fed isn’t the only central bank game in town. While it […]