Peter's Blog

Rising Price of Gold a Vote of No-Confidence in Central Bankers; $10K Gold on the Horizon (Video)

Jim Rickards recently appeared on CBC News’ The Exchange and made the case for $10,000 gold. He said the recent jump in the price of gold represents a world-wide vote of no-confidence in central bankers. The increase in the dollar price of gold is just a reflection of the decline of the dollar. So, it’s […]

Marc Faber: Fed Won’t Raise Rates; Helicopter Money More Likely (Video)

With the release of the Federal Reserve’s April meeting minutes, it’s all of a sudden a forgone conclusion that the Fed will raise interest rates in June. Marc Faber, publisher of the Gloom Boom & Doom Report, thinks it’s all a bunch of hot air. He appeared on Kitco News yesterday and argued that the […]

Ron Paul: The Federal Reserve Is King of the Price Fixers (Video)

In a recent episode of his video broadcast Myth Busters, Ron Paul and Chris Rosinni talked about how government destroys markets by tampering with prices. After discussing the ways government intervention has destroyed the market for health care and education in America, and looking at the negative impacts of tariffs and price supports in agriculture, […]

Peter Schiff: This Is a Phony Recovery (Video)

Peter Schiff appeared on Fox Business this week and the first thing he did was talk about how good gold investments are doing, saying they are “the best…doubled or more.” He then launched straight into the reason why. The economy is a mess. If this economy wasn’t a disaster, Trump wouldn’t have the support that […]

Hey Paul Krugman: That’s Not Insulin You’re Injecting; It’s Heroin!

In a recent New York Times column, economist Paul Krugman tried to justify central bank interventionist monetary policy by comparing it to giving insulin to a diabetic. How should we think about these incredibly low interest rates? Recently Narayana Kocherlakota, the former president of the Minneapolis Fed, offered a brilliant analogy. Responding to critics of […]

Ron Paul: What America Has Today Is Not Free Market Capitalism (Video)

Capitalism appears to be falling out of favor. Socialism is in vogue. Or at least that’s the impression one gets when talking to millennials in America. A recent Harvard University poll shows that more than half of Americans in the 18-29 age bracket oppose capitalism. Ron Paul appeared on RT America’s Boom or Bust show […]

Doug Casey: Gold’s 18% Rise Is a Small Move – Peter Schiff’s Gold Videocast with Albert K Lu (Video)

Gold has gone up more than 18% this year, but Doug Casey told Albert K Lu this is just a small move. He sees gold going much higher in the next year: I think there’s going be a panic into gold and out of paper currencies. So this small up-move that we’ve gotten here since […]

Mike Maloney: Data Screams “Recession Is Here!” (Video)

Peter Schiff has been saying for months that the US is probably already in a recession. In fact, during his April 4 podcast, Peter made the case that the “very massive recession,” Donald Trump predicted has already begun (Scroll down to listen.): Everybody is saying he is nuts because the economy is great. Look at […]

Jim Grant: The Fed Is in the Business of Making Things Worse (Video)

Jim Grant appeared on CNBC’s Closing Bell to discuss the Fed’s latest non-move in interest rates, noting that “it seems awful familiar.” Grant offered a stinging indictment of the Fed’s role in the world, pointing out that central planners simply can’t juggle all of the varying factors in the economy. Every move the Federal Reserve […]

James Rickards Says Yellen Has Gone “Full-Dove;” Won’t Raise Interest Rates (Video)

With the Federal Reserve preparing for another meeting, pundits are talking interest rate hikes. Even AP is speculating that a rate hike is unlikely this go-around, blaming problems the “global economy.” The US job market is healthy. The stock market is up. Home prices are rising. Yet as the Federal Reserve prepares to meet this […]