Contact us
CALL US NOW 1-888-GOLD-160
(1-888-465-3160)
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 1, 2021  - POSTED IN Guest Commentaries

There’s been a lot of talk about the Federal Reserve tapering quantitative easing. So far, it’s been nothing but talk.

A lot of people expected Federal Reserve Chairman Jerome Powell to offer some details and perhaps a timeline for the taper during his Jackson Hole speech. We got no such thing. Instead, he tapered the taper talk.  In fact, Powell never uttered the word “taper.” he spent most of the speech trying to prop up his “transitory” inflation narrative.

POSTED ON August 23, 2021  - POSTED IN Key Gold Headlines

While there is a lot of talk about the Federal Reserve tapering its asset purchases, no such tapering is actually happening.

In the week ending Aug. 18, the Fed pushed its balance sheet to yet another record with the addition of another $85.4 billion in Treasuries and mortgage-backed securities. The balance sheet now stands at a record $8.34 trillion.

POSTED ON August 18, 2021  - POSTED IN Videos

The Federal Reserve has pumped trillions of dollars into the economy through its quantitative easing programs. This has generated a surge of inflation. But there are other less obvious impacts from the Fed’s extraordinary monetary policy. It conceals risk. Everybody sees a “booming” economy and assumes everything is fine. But underneath, the entire thing is rotting from the inside.

POSTED ON June 29, 2021  - POSTED IN Original Analysis

The markets have obsessed over what the Fed is saying while almost completely ignoring what it’s actually doing.

After the June FOMC meeting, markets reacted to the hint that the Fed might start raising interest rates in 2023 instead of 2024. But of course, it didn’t move rates up from zero. And while the Fed apparently talked about talking about tapering its quantitative easing bond-buying program, it continues to expand its balance sheet at a torrid pace.

POSTED ON May 26, 2021  - POSTED IN Key Gold Headlines

The US government continues to run massive budget deficits. That means it has to sell bonds to finance the debt. So, who’s buying all these Treasuries?

The Federal Reserve is buying a lot of them as it continues to monetize the ever-growing federal debt. Between March 2020 and March 2021, the central bank monetized more than half of the massive pandemic debt.

Call Now