Peter's Blog

The Shadow Rate Casts Gloom

This article is written by Peter Schiff and originally published by Euro Pacific Capital. Find it here. Nearly 92% of economists surveyed this week by the Wall Street Journal expect that our eight-year experiment with unprecedented monetary easing from the Federal Reserve will come to an end at the next Federal Reserve meeting in December. […]

Rate Hike or No, Dec. Fed Meeting Will Be Bullish for Gold (Video)

After a year of anticipating a Federal Reserve interest rate hike, all eyes are on the Fed’s December meeting. There are two obvious outcomes: the Fed does raise interest rates or it does not. In his November Gold Videocast, Peter Schiff explains why both scenarios are bullish for gold. Peter points to the behavior of […]

Watch the Student Debt Time Bomb Tick

Peter Schiff has been saying that it’s only a matter of time before the student loan bubble pops. Now you can watch the clock tick thanks to the new National Student Loan Debt Clock developed for MarketWatch by StartClass, an education data site. According to MarketWatch calculations, student loan debt increases in America by an […]

Possible vs. Probable: Oct. Jobs Report & Rate Hike Fantasies (Video)

In his latest video blog post, Peter Schiff challenges the mainstream notion that the October jobs numbers released yesterday are good enough to justify the a Federal Reserve rate hike in December. Just because a rate hike is a possibility doesn’t mean it’s going to happen. It’s been a possibility all year. People thought it […]

ETFs No Substitute for Physical Gold in a Crisis

Gold-backed exchange-traded funds (ETFs) generally follow the price of gold. As a result, they have been underperforming relative to the general stock market this year. For instance, SPDR Gold Trust (GLD) lost about 28.3% of its value in 2013, fell another 2.2% in 2014 and yet another 3.8% so far this year. It was recently […]

Irwin Schiff’s Legacy & How to Escape the Inflation Tax (Video)

Ernie Hancock of Declare Your Independence interviewed Peter Schiff about the tragic death of his father, Irwin. They discussed Irwin Schiff’s legacy and his influence on Peter’s understanding of economics. Peter has chosen to promote his father’s principles by educating the public about how to avoid the US government’s most insidious tax – not the […]

Going Up: The Fed’s Balance Sheet & Gold (Video)

Peter Schiff began his latest interview with Greg Hunter of USAWatchdog by explaining the history of the United States government’s debt ceiling. Peter argued that the idea of a real debt ceiling is a fantasy, just like the Federal Reserve’s narrative of a broad economic recovery. Greg pointed out that some analysts are predicting a […]

Death of a Patriot

Irwin Schiff passed away on Friday, chained to his hospital bed. In this tribute to his life, Peter Schiff shares his personal thoughts about his father, a true American hero. My father, Irwin A. Schiff, was born Feb. 23rd 1928, the 8th child and only son of Jewish immigrants, who had crossed the Atlantic twenty […]

Gold Will Breakout as Rate Hike Myth Dies (Video)

Two persistent myths convince gold bears that the price of gold will remain low – a looming series of interest rate hikes from the Federal Reserve and the fact that gold did not rally during the last round of quantitative easing. Peter Schiff explains why both of these myths are ready to die following Friday’s […]

Terrible Jobs Report, but Market Still Hasn’t Woken Up (Video)

A terrible jobs report was released on Friday, triggering a dramatic day on Wall Street. Peter Schiff reviews the numbers and analyzes the market’s reaction. He also shared some insight into why financial reporters are no longer reporting on the poor manufacturing numbers.