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POSTED ON October 9, 2018  - POSTED IN Videos

Peter Schiff recently appeared on RT Boom Bust, along with Investor’s Advantage Corporation founder John Grace, to talk about the recent jobs report. Peter summed things up with a dire warning. Stagflation is coming and it’s going to be worse than 2008.

POSTED ON September 10, 2018  - POSTED IN Key Gold Headlines

When the New York Times published an op-ed from a White House insider claiming there are people inside the Trump administration actively working to undermine the president, the markets shrugged it off. In fact, as Peter Schiff said in a recent interview on thestreet.com, the markets are shrugging pretty much everything off.

Everything is bullish as far as investors are concerned. They believe the US economy is in great shape. According to President Trump, it’s in the best shape ever. This is the greatest boom in the history of the United States. And so that fantasy continues to dominate the narrative and markets are shrugging off all the bad news.”

Despite the optimism, Peter said the economy is headed for the “greatest bust ever.” And that’s the perfect storm for gold.

POSTED ON June 25, 2018  - POSTED IN Key Gold Headlines

The Dow Jones was up Friday, avoiding it ninth consecutive down day. As Peter Schiff noted on his most recent podcast, such a long stretch of declines is pretty rare. Eight straight down days has only happened  43 times since the Dow launched in 1896. The last time we had nine straight days of Dow Jones decline, Jimmy Carter was president.

Peter said this is a little ironic because he sees another Carter-era phenomenon on the horizon – stagflation.

POSTED ON March 1, 2018  - POSTED IN Key Gold Headlines

The new Fed chairman has swooped into Washington D.C. like a hawk this week.

In his first testimony before Congress, Powell talked up the economy. He’s also indicated he plans to continue pushing interest rates higher. In fact, many analysts are now talking about four rate hikes in 2018, with the first on tap for this month. Powell said his personal outlook for the economy has strengthened since December, and he sees little risk for a recession.

In his latest podcast, Peter Schiff said Powell couldn’t be more wrong.

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