Peter’s Blog

Following the Federal Reserve’s monthly meeting, the financial media has been making the rounds to get everyone’s opinion of the economy. Jim Grant agrees with Peter Schiff: it looks like radical monetary policy “is pretty much here to stay.” As usual, Grant shares his contrarian views with CNBC in his dry, witty, and disarmingly honest […]

Peter Schiff shares his thoughts on the Federal Reserve’s meeting that concluded yesterday. He also takes a look at the official first quarter GDP figure, explaining the misleading data behind it.

Michael Lombardi, Founder of Profit Confidential, lays out the fundamental argument for the gold price moving higher this year and into the future. It basically comes down to supply and demand factors. Less and less gold is being mined each year, while demand for the yellow metal from major economies like China and India continues […]

John Whitefoot, an Analyst with Lombardi, shares his 2015 silver forecast. Unlike many investors, Whitefoot expects silver prices to rally, catching markets by surprise. He points to three important factors: The S&P 500 is overvalued by 65%, indicating the stock market is in a bubble that will pop soon. Silver has industrial demand that allows […]

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.

Jim Cramer raised a great point on Mad Money this week. You wouldn’t own a house or a car without the proper insurance. So why would you have a portfolio of investments without insurance? Gold is that insurance – the only asset that is guaranteed to minimize the downside risks when there is economic or geopolitical […]

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 […]

Dr. Ron Paul discussed the future of the dollar on the Ron Paul Liberty Report this week. He believes that the value of the dollar is in a bubble that will eventually pop when the Federal Reserve is forced to raise interest rates. The best measurement throughout history for the value of a currency is […]

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 […]

Peter Schiff just returned from a family vacation and starts his latest podcast by discussing his observations about Disney World. He goes on to review the latest economic data. Finally, Peter picks apart Paul Krugman’s latest commentary, which is largely a response to German Finance Minister Wolfgang Schauble’s rational, conservative economic advice.