Peter's Blog

Fed Will Sacrifice Dollar on the Altar of the Stock Market (Video)

Peter Schiff appeared on CNBC this week with a dire warning on America’s economic future – “It’s gonna be awful!” Do you guys remember the financial crisis of 2008? Did you think that was bad? This is going to be worse.” Peter said this time around, we’re not looking at a financial crisis. We’re staring […]

Jim Grant: Go Into the “Scary Places” to Make Money – Buy Gold

During the Mauldin Strategic Investment Conference, Jim Grant said if you want to make money, you have to be willing to go into “scary places.” In an interview after his speech, he clarified what he meant saying you have to have the guts to go against the flow and do things the mainstream will ridicule […]

Buy Gold for What It Does; Not for Its Price (Video)

Will the Fed raise rates? Will it hold steady? What will the next move mean for gold? Investor and creator of Things that Make You Go Hmmm Grant Williams doesn’t really care. He’s going to buy gold regardless. In fact, during an interview at the Mauldin Strategic Investment Conference, Williams said he doesn’t really pay […]

Has Fed Policy Pumped Up Another Real Estate Bubble? (Video)

The more things change, the more they stay the same. After pumping up a real estate bubble in the years leading up to the most recent economic crash, it appears the central bankers and government policymakers may have managed to orchestrate a repeat performance. Real estate mogul Sam Zell appeared on CNBC recently and hinted […]

David Stockman: The Next President Will Inherit a Recession (Video)

Over the last few weeks, the mainstream has been fixated on the prospect an interest rate hike. Janet Yellen insists the economic fundamentals will support a hike. Pundits keep talking about a “strong economy.” But David Stockman recently appeared on Fox Business with Neil Cavuto and said the next president will inherit a recession. Cavuto […]

Peter Schiff: June Rate Hike Immaterial; Rate Cuts and Quantitative Easing Up Next (Video)

Will the Federal Reserve raise rates in June? Peter Schiff says it’s immaterial. Peter appeared on CNBC’s Fast Money and created a firestorm when he said he sees this as a repeat of what happened at the end of last year and suggested everybody knows the Fed is at the end of its tightening cycle. […]

Jim Grant: The Fed Missed Its Chance; It Can’t Normalize Rates Now

Although it seems to be almost a foregone conclusion in most circles at this point, not every analyst believes the Federal Reserve will hike rates in June, or if they do that it means a long-term upward trajectory. Jim Rickards recently appeared on RT’s Boom Bust and said he thought a rate hike was unlikely, […]

Boockvar Bullish on Gold No Matter What the Fed Does (Video)

Fed watching has become an obsession. Every day, talking heads parse and dissect the words of central bankers, trying to read the tea leaves and figure out if the Federal Reserve will or will not raise rates next month. But a well-known mainstream market analyst says Fed-obsessed pundits miss the bigger picture. It’s not all […]

Jim Rickards: If the Fed Does Raise Rates, Look Out Below (Video)

A June interest rate hike is the talk of the town. Jim Rickards doesn’t think it will happen, but if it does, he says, “Look out below.” Rickards appeared on RT’s Boom Bust to explain why. First, he makes the case that we shouldn’t listen to every word that comes out of every Fed regional […]

The Fed Knows It’s Backed Into a Corner (Video)

All of the talk lately is about a Federal Reserve rate hike in June. In fact, in many circles, it has become a forgone conclusion. On Monday, Philadelphia Fed Bank president Patrick Harker said he could see up to three hikes before year’s end. But Steen Jakobsen, chief economist and CIO of Saxo Bank, says […]