Peter's Blog

A Pathway to Dedominance

Ever since Teddy Roosevelt’s “Great White Fleet” initiative, the United States has striven to hold onto some form of international dominance. The two World Wars gave us a perfect opportunity to rise quickly and re-order world affairs to our fancy. This form of relationship with other countries was a stark departure from the more isolationist […]

Greenland and the Federal Urge for More

As if the Federal government is able to fully control all the land, people, and resources currently in its control, Trump has begun to aggressively demand US ownership of Greenland. Advocates of the plan justify it by claiming that the US needs Greenland for defense against China. The plan has fractured relationships with dozens of […]

Gold Nears $5,000

Everyone was wrong once again. From the big banks to even free market pundits, no one predicted the massive price increase of gold in so short a timeframe. Even after being disproven by gold’s rapid rise to 4000 just a few months ago, the mainstream narrative still stood that gold was slowing. Just as they […]

Why the Government Isn’t Educating Productivity: Part II

When John Stewart Mill remarked that many children of intelligent men do not develop great intelligence, but rather have their mental faculties overlaid with facts and rote repetition, he pointed to a duality in the understanding of education that has the power to make or break a nation’s long-term productivity. Many bureaucrats and professional educators […]

Resource Mismatch as the Purveyor of Discontent

People on the right and left are quick to complain that they are being taken advantage of by other groups. The raucous cries of victimhood never cease, whether targeted towards the influx of illegal immigrants or the cabal of billionaires. The victimhood is primarily of resources. People are very quick to recognize when resources taken […]

The Bread & Circus effect: The Danger of Public Stadium Funding

In 2016 when the measure C initiative to raise hotel taxes to benefit a new San Diego Chargers stadium failed, the Chargers left their hometown of many years to go to Los Angeles. A team expecting government aid as a prerequisite to be in a location is an exceedingly common story in the world of […]

Peter Schiff: Buy Gold, Dump Treasuries

On Monday’s episode of the Peter Schiff Show, Peter reacts to a dramatic day in the markets where gold and especially silver steal the headlines, then connects those moves to political and monetary developments that he says make the dollar vulnerable. He ties a sudden surge in precious metals to a new scandal around Fed […]

Metals Tell the Truth About the Economy

Gold and silver are sniffing out the inflationary regime. Rising together, even after pullbacks, the historic run in precious metals is part of a desperate SOS signal for the economy. The Fed isn’t the only one printing money. Trump is floating plans for 50-year mortgages and payments for veterans, seeking any justification for “stimulus” that […]

Why the Free Market is Not Taking Advantage of You

The central claim of this article is that aside from regulatory barriers, the market will never leave normal people in a worse state than they would be in without the market. This is made to combat the frequent claims that the market is unfair or that people would somehow be better off without it. Workers […]

Will the Silver Boom Raise the Price of Tech?

Silver is booming. So, is Elon Musk right that the industrial need for silver will reveal that recent price action is only a bubble?  Or will the rise continue, raising the price of technology in the process? One of the downstream effects of higher silver prices could certainly be higher prices for other goods that […]