Peter's Blog

Gold’s Bottom May Already Be In (Audio)

Chris Waltzek interviewed Peter Schiff on GoldSeek Radio a couple weeks ago and released the interview this past weekend. In the interview, Peter predicted the Dow Jones Industrial Average could be down 10% from its high before September. This morning, the Dow is down almost 10% on the year – more than 12% from its […]

Greenspan: Higher Interest Rates Are Inbred in Human Nature (Video)

Former Federal Reserve Chairman Alan Greenspan appeared on Fox Business this week with two strong messages for investors: 1. The United States economy is “extraordinarily sluggish,” and part of this problem is the massive amount of government entitlements. He pointed out that entitlements have grown nearly 10% a year for the past 50 years, no […]

Puerto Rico Is the Only Place in World where Americans Can Be Free (Video)

CCTV America interviewed Peter Schiff last week about the benefits of moving your business to Puerto Rico. Earlier this year, Peter discussed how moving to Puerto Rico is the next best thing to renouncing your United States citizenship without having to pay exit taxes to the federal government. In this interview, he also points out […]

Irwin Schiff: Political Prisoner Seeking Compassionate Release (Video)

Peter Schiff appeared on Alex Jones’ InfoWars last week to share some sad news. Peter’s father, Irwin Schiff, has just been diagnosed with terminal lung cancer. With a couple more years left in his prison sentence, this effectively means Irwin Schiff will serve a life sentence for his political beliefs. Peter and Alex discussed the […]

Don’t Trade Gold – Hold It as an Insurance Policy (Video)

Marc Faber explained his gold investment philosophy to CNBC. Like Peter Schiff, Faber is a contrarian who doesn’t buy into the consensus view that the United States dollar is going to remain a strong currency. While the price of gold in Chinese yuan has risen steeply recently, Faber still believes it is a great time […]

Could the Yuan Replace the Dollar? (Video)

Newsmax TV interviewed Peter Schiff earlier this week about the devaluation of the yuan. Peter did not agree with Donald Trump’s mainstream opinion that this news out of China will have terrible consequences for the United States. Instead, Peter emphasized how much more productive and robust the Chinese economy is compared to the US. When […]

The “Logic” Behind the War on Cash (Audio)

Earlier this year, we wrote about the latest developments in the international “war on cash.” Some central bankers have gone so far as to suggest that cash be eliminated entirely. In his latest podcast, Tom Woods and Charles Hugh Smith talk about why central authorities want to abolish cash and the role cash plays in […]

Chinese Yuan Devaluation Is Minor; US Dollar Bubble Is Growing (Video)

On CNBC’s Futures Now, Peter Schiff shared his take on the Chinese devaluation of the yuan and how it affected the price of gold. Once again, Peter reminded us that gold may not have moved up very much in terms of the US dollar, but in the Chinese currency the yellow metal rose significantly. While […]

Doug Casey: Next Crisis Will Be Worse than 1930s (Video)

Investment adviser Doug Casey recently appeared on Reason TV to discuss the current state of the US economy. He did not paint a rosy picture, saying that things are “building up to a catastrophe of historic proportions.” Doug made some stark comparisons between the current situations in American and conditions leading up to crises in […]

The Last Thing the Fed Wants Is a Rate Hike (Video)

Peter Schiff spoke with CNBC Asia last night about why the consensus is wrong – the Federal Reserve is not going to raise rates significantly in September. And if it does, it will likely drop them back down to zero before too long. Instead, Peter argues that investors should be preparing for a fourth round […]