Peter's Blog

Stimulus Doesn’t Stimulate: The Case of Japan

Last week, Keynesian extraordinaire Paul Krugman called for more fiscal stimulus in the form of a “government investment program.” Mike Maharrey poked fun of him in his Fun on Friday column. But while it might be amusing to crack jokes at the expense of Keynsians and their obsession with both fiscal and monetary stimulus, the […]

The Founders Warned Us About Central Banking

The following article was written by South Carolina state Rep. Stewart Jones. The views expressed do not necessarily reflect those of Peter Schiff or SchiffGold. The Federal Reserve just lowered interest rates for the second time this year and announced more quantitative easing by injecting even more US dollars into the market. The days of cheap money […]

Nobody Knows the “Correct” Fed Policy

Central bankers suffer from what some might call fatal conceit. They actually believe that if they tinker enough, they can come up with a policy that will work “just right.” Maybe we should call it the Goldilocks Syndrome. But the truth is they don’t know.

Big Chunks of Gold!

By Alex Lemaire People have been searching for gold for centuries. Usually, it takes considerable effort to find gold, but one Australian family found a nugget literally just lying on the ground. When you think of a gold nugget, you probably imagine a chunk of the yellow metal that you can hold in the palm […]

Europe Joins the De-Dollarization Party

We’ve written extensively about a push toward de-dollarization by countries like Russia and China and their desire to undermine the ability of the US to weaponize the dollar as a foreign policy tool. The global gold rush on the part of central banks is part of this movement. And it’s not just countries like Russia […]

Could Platinum Serve as Money?

While investors often treat gold as a commodity, at its core, gold is money. Silver also has a long history as a monetary metal. But what about other rare metals? Could they serve as money as well? In the following guest column, SchiffGold client Antony Pouros makes the case for platinum.

Central Banks Are Messing With Your Mind – Literally

In the March 8 episode of the SchiffGold Friday Gold Wrap podcast, Mike Maharrey emphasized the importance of understanding sound economic theory. And as economist Frank Shostak explained, facts and figures aren’t enough to digest what’s going on in the economy. In order to really make sense of the data one must have a theory, […]

The Days of Quantitative Easing Are Back and We’re Not Even in a Recession Yet

Ever since the beginning of the “Powell Pause,” Peter Schiff has been saying it won’t be enough. If the Fed doesn’t want to upset the markets, soon it will be forced to go back to QE and zero percent interest rates.” Peter isn’t alone in saying this. After the most recent FOMC meeting, Ryan McMaken […]

Yellow Metal Versus American Mettle? Nothing Matches Warren Buffett’s Brass

As you probably know, Warren Buffett has never been a fan of gold and has publicly disparaged the yellow metal on more than one occasion. About a year ago, he compared investing in gold and stocks, arguing that over the long term gold is an “unproductive asset” that “doesn’t produce anything.” So, why have it, unless […]

Economics Needs the Context of Sound Theory: Facts and Figures Aren’t Enough

Context is key. During last week’s Friday Gold Wrap podcast, Mike Maharrey emphasized the importance of understanding sound economic theory. Without a firm grasp of basic economic principles, it becomes impossible to properly evaluate any observations you make and to properly interpret economic data. As economist Frank Shostak put it in a recent article published […]