Peter's Blog

FOMC Is Bluffing; Prepare for QE4 and No Rate Hike (Video)

The Federal Reserve has a two-day meeting this week. CNBC World asked Peter Schiff what he expects the results of the meeting will be. Peter argued that the Fed will continue to bluff about raising interest rates. He believes a fourth round of quantitative easing is more likely in the next year.

The Moral Hazards of Public Debt and How to Save Yourself

In the second part of his interview with the Daily Bell, Peter Schiff discusses the economic dilemmas of Greece and the eurozone. He warns that the United States faces the same moral hazard of massive public debts that will be impossible to repay. Peter believes the Federal Reserve and American government will resort to currency […]

The Economic Politics of the Yuan-Dollar Peg (Video)

News broke this week that China may soon announce a major increase in its gold reserves in order to convince the IMF that the yuan should be included in the Special Drawing Right basket of currencies. Jim Rickards, an expert on geoeconomics, believes the yuan’s inclusion in the SDR is inevitable and will go into […]

Druckenmiller: Fed Policy Is Extremely Short-Sighted (Video)

There are very few investment professionals voicing concern about the Federal Reserve’s easy monetary policies nowadays. Most economists still believe the Fed will likely raise the Fed Funds interest rate in June, or at least by September. The financial media takes it as a given that the United States economic recovery remains relatively robust, while […]

The Fed’s Dangerous Trickle-Down Monetary Policy

The Daily Bell interviewed Peter Schiff last week and published the first half of their conversation yesterday. Peter explained why the United States economy isn’t recovering and why he blames the Federal Reserve. Peter also answered a slew of other questions. Does Janet Yellen know that the Fed’s monetary policies have been destructive, or is […]

The US Economy Needs to Rebuild from the Ground Up (Video)

Peter Schiff spoke with Graham Ledger about why the United States economy will only truly recover when the Federal Reserve completely abandons quantitative easing and zero-percent interest rates. Unfortunately, Peter thinks this is highly unlikely due to the political ramifications. Raising interest rates to normal levels right now would likely pop the current stock market […]

Ron Paul: A Dollar Crisis Is Inevitable, but Unpredictable (Video)

Ron Paul appeared on CNBC to warn that a US dollar currency crisis is inevitable. The host tried to zero-in on a specific time frame for a crisis, but Dr. Paul emphasized that the catalyst for such an event will be an unpredictable change in investor psychology. Most of the time these things [currency crises] […]

Don’t Expect a Rate Hike, because the Fed Is Clueless (Video)

Marc Faber told Kitco News the same thing Peter Schiff has been warning — the United States economy is too weak for the Federal Reserve to raise interest rates in June. Faber believes that eventually the markets will wake up to just how ignorant and powerless global central banks are. When that happens, investors will […]

The Fed Has Promised Too Much and Can Only Deliver Bubbles (Video)

In an interview on Bloomberg, former Morgan Stanley chief economist Stephen Roach tears apart the monetary policy of the Federal Reserve. Roach explains that Ben Bernanke has blatantly admitted that the Fed’s goal is to stimulate the economy by growing asset bubbles. Roach’s indictment of the Fed and the US economy is severe, but he […]

Gold Is Once Again Outperforming Stocks (Video)

The price of gold surged this week after the poor jobs numbers released last Friday. The yellow metal is now up about 3.5% in 2015, while the S&P 500 is up barely 1.5%. As usual, technical traders are now jumping on the gold bull wagon, at least temporarily. In this short CNBC interview, precious metals […]