Peter's Blog

Today’s mainstream political narrative would have you believe that inflation is permanently cooling. The data tells a different story, with the money supply growing faster now than it has for more than the last two years.

Last week, Peter appeared on Rocks and Stocks News, a YouTube show and substack focusing on the mining sector. Host Allan Barry Laboucan interviews Peter on Bitcoin, the national debt problem, and the future for precious metals and the mining sector.  Peter starts off by contrasting Bitcoin’s recent performance with gold’s. In some ways Bitcoin […]

An inverted Treasury yield curve has historically been associated with economic downturns, preceding every recession since the late 1960s. Earlier this year, it set a new record for remaining inverted for more than 624 days, which was the 1978 record.

Earlier this week, Federal Reserve governor and vice-chair nominee Lael Brainard indicated the central bank will shrink its balance sheet at a “considerably” more rapid pace than it did during the previous cycle. I, Peter Schiff and a few others outside the mainstream have said the Fed won’t be able to do this. Why not?

The federal government has already run a $2.06 trillion budget deficit in fiscal 2021 with four months left to go. But somewhat surprisingly, over the last few months, the national debt hasn’t increased at nearly the pace you would expect considering the budget shortfalls. Given the level of spending, borrowing should be much higher. How has […]