Contact us
CALL US NOW 1-888-GOLD-160
(1-888-465-3160)
POSTED ON January 13, 2022  - POSTED IN Peter's Podcast

December Consumer Price Index data came out on Wednesday (Jan. 12). Month-on-month, it was again even hotter than expected. Peter called it an inflationary freight train that the Fed’s “field of dreams” monetary policy will not stop.

“Transitory” inflation has now been running hot for a full year.

POSTED ON December 17, 2021  - POSTED IN Friday Gold Wrap

We got more bad inflation news this week as the Federal Reserve wrapped up its final FOMC meeting of the year. Supposedly, the central bank has launched its war on inflation. Has it though? In this episode of the Friday Gold Wrap podcast, host Mike Maharrey talks about inflation and the Fed meeting and explains why it looks more like the Fed is taking a pea shooter into a bazooka fight.

POSTED ON December 3, 2021  - POSTED IN Friday Gold Wrap

After President Biden announced he was reappointing Jerome Powell for a second term as Federal Reserve Chairman, Powell went hawkish, saying it’s time to retire the word “transitory” when it comes to inflation and talking about speeding up the taper. In this episode of the Friday Gold Wrap podcast, host Mike Maharrey talks about the Powell transformation and questions whether a dove can really change his feathers.

POSTED ON December 1, 2021  - POSTED IN Peter's Podcast

The transitory inflation narrative is dead.

During an appearance before a Senate committee along with Treasury Secretary Janet Yellen Tuesday, Federal Reserve Chairman Jerome Powell said it was time to retire the word transitory. As Peter Schiff explains in his podcast, Powell came close to admitting he was wrong. But the question remains — what is the Fed going to do about this non-transitory inflation?

POSTED ON November 26, 2021  - POSTED IN Friday Gold Wrap

Earlier this week, President Joe Biden announced Jerome Powell will serve a second term as chair of the Federal Reserve. In effect, Biden stuck with the status quo. But the markets reacted as if big changes are afoot. Gold sold off hard, falling back below $1,800 an ounce. In this episode of the Friday Gold Wrap podcast, host Mike Maharrey talks about Powell’s appointment and the market’s reaction to it.

POSTED ON September 24, 2021  - POSTED IN Fun on Friday

Wouldn’t it be cool if you could just talk and your words would alter reality?

It would elevate you to superhero status — or super-villain depending on your propensity to use your power for good or evil.

You know, there’s a real-life person who at least appears to have this superpower.

POSTED ON September 23, 2021  - POSTED IN Peter's Podcast

The Federal Reserve wrapped up its September FOMC meeting Wednesday and once again left its extraordinary loose “emergency” monetary policy in place. Quantitative easing continues unabated. Interest rates remain at zero. But the Fed did signal it may begin to taper quantitative easing “soon.” In his podcast, Peter Schiff broke down the FOMC statement and Fed Chair Jerome Powell’s post-meeting press conference. He said he thinks when it comes to tightening monetary policy, the Fed is bluffing.

POSTED ON September 8, 2021  - POSTED IN Videos

During his Jackson Hole speech, Federal Reserve Chairman Jerome Powell rewrote the history of inflation. In this clip from his podcast, Peter Schiff unravels the yarn that Powell spun.

In a nutshell, Powell claimed prior Fed policymakers mistakenly moved too fast to address inflation that turned out to be transitory, and he said he didn’t want to make the same mistake.

POSTED ON August 31, 2021  - POSTED IN Peter's Podcast

Jerome Powell delivered his much-anticipated speech virtually during the Jackson Hole summit on Aug. 27. Peter Schiff talked about the speech during his podcast. Everybody expected a hawkish speech outlining the Fed’s plan to taper quantitative easing. Instead, Powell tapered the taper talk.

Call Now