Peter's Blog

Former Official Admits Fed “Engineered” Phony Wealth Effect (Audio)

Nobody really seemed to pay a whole lot of attention to the bombshell dropped by the former president of the Federal Reserve Bank of Dallas, but Peter Schiff picked up on it. Richard Fisher essentially admitted that the Fed manufactured the stock market recovery. Peter talked about it on his podcast. [He]was on CNBC yesterday. […]

Peter Schiff’s 2016 Outlook for Gold Fundamentals (Video)

On Kitco News yesterday, Peter Schiff put the past three years of falling gold prices in perspective. He emphasized that gold’s recent performance should be considered in the larger picture of a gold bull market that began in 1999. It has simply been investor assumptions and speculation about an improving economy that allowed gold’s correction […]

Wall Street’s Dismal 2016 Could Be a Sign of Things to Come (Audio)

The new year began with a bang that made Wall Street whimper as stocks sold off on the first Monday of 2016. The Dow suffered its worst opening day of the year loss since 2001. As Peter Schiff pointed out in his podcast, this doesn’t bode well for the upcoming year. There’s an old saying, […]

Fed Has Created an Economic Hall of Mirrors (Video)

Jim Grant agrees with Peter Schiff that the Federal Reserve cannot continue to raise interest rates in 2016. On CNBC today, Grant explained his reasoning for why the Fed will regret raising rates in December and reverse its course of action: It seems to me that the Fed is more likely to go to zero […]

All Fed Decisions Are Made for Political Reasons (Video)

Peter Schiff made his regular appearance on InfoWars last Friday. Guest host Paul Joseph Watson talked with him about the Federal Reserve’s rate hike decision and gold’s price movement in response. They also discussed the destruction of the American middle class, the ill effects of minimum wage laws, and the role the Fed will play […]

The Battle Continues: Schiff vs. Nations on Gold & Fed Rate Hike (Video)

Peter Schiff’s appearance on CNBC’s Futures Now yesterday was quite different from his interview on Fox Business on Wednesday. CNBC anchors more or less scoffed at his suggestion that the Federal Reserve’s rate hike announcement was simply a strategy to cover the fact that the Fed has almost zero confidence in the United States’ economic […]

If the Market Believes in the Fed, the Market Has Problems (Video)

Shortly after the Federal Reserve’s rate hike announcement on Wednesday, Peter Schiff appeared on Fox Business alongside Moody’s Chief Economist John Lonski and Fox Business correspondent Charlie Gasparino. For once, everyone seemed to agree with Peter that the Fed’s decision does not actually mean the US economy is truly recovering. As Peter pointed out that […]

Peter Schiff: Rate Hikes Are Over; Fed Will Ease Next (Video)

The Federal Reserve made its much-anticipated move yesterday, nudging up the key interest rate by a quarter point. Peter Schiff did an interview with The Hard Line on Newsmax TV a short time later, reiterating what he was saying before the Fed’s announcement – the rate hike does not indicate confidence in the US economy. […]

Data Be Damned, Rate Hike Ahead? (Video)

With the “positive” jobs report that came out last Friday, most analysts now think the Federal Reserve will raise interest rates this month. Peter Schiff argues that the jobs report wasn’t really that positive considering the labor participation rate and the number of part-time workers. But he concedes that the rate hike may happen anyway, […]

Yellen’s Backtracking, America’s Next Recession, and Silver Opportunities (Video)

Peter Schiff got right to the point with Alex Jones last week: Obama is just trying to finish out his term without any major disasters. At this point, Peter thinks the Federal Reserve just might raise interest rates a hair this month, but then immediately lower them again when it becomes clear the economy is […]