Peter's Blog

California’s Single-Family Zoning Exemplifies the Market-Intervention Problem 

California’s government bet that they knew better than the free market. And now millions are paying the price. The story begins in 1919, when the city of Berkley, California instituted legislation setting aside districts that would only allow the construction of single-family housing. The idea spread, and soon much of California’s urban areas had adopted the zoning policy. Today, approximately 40% of the total land in Los Angeles is […]

“Safe Haven” Yen Trending Towards Zero Against Gold

The yen was once known as a safe-haven currency for investors to protect themselves when broader markets are shaky or other currencies are dropping, but those days are numbered. A stable government and consistent (and low) interest rates have been some of the driving factors, but it’s the unwinding of that ultra-low interest rate policy that will be the yen’s “safe […]

The Technicals: Something Else is Driving Gold

This analysis attempts to look at different metrics to understand the current momentum in the gold and silver markets. It is meant as an analysis of potential price direction in the very short term (1-2 weeks).

New Peter Schiff Interview: Proposed Taxes Are Blatantly Illegal

Peter appeared on OAN’s Real America with Dan Ball to discuss new prospective income taxes, the latest idiotic craze in politics. He starts by explaining why President Biden’s desired policy isn’t even an income tax:

New Peter Schiff Interview: Rates are Still Too Loose

Last week Peter appeared on the Futures Radio Show podcast with Anthony Crudele. In their interview, they discuss the factors affecting gold’s price, why the Fed can’t control inflation, and the viability of Bitcoin.

Chocolate Prices Reflect Rampant Inflation

Beneath the sweet surface of our favorite treats lies a bitter reality: inflation has sent cocoa prices soaring to unprecedented heights. Once deemed the food of the gods and now a daily indulgence for millions, chocolate is facing a dramatic upheaval as wholesale cocoa prices have rocketed past $11,000 per ton. Our guest commentator explains […]

Peter Schiff: Stagflation Finally Revealed

In this week’s episode, Peter covers the dismal figures released Thursday and Friday, horrible tax policies, and the appalling lack of transparency in our government.

Is the Comex Showing an Impending Price Spike in Silver?

The Comex report last month showed a lot of strength in gold which directly preceded a massive up move for the price of gold. The data is looking similar in silver this month!

Made in America: The Dark Forces Promoting American Manufacturing

Whenever an election year rolls around, domestic manufacturing becomes a more central theme of discussion. Candidates from both sides, who seem to disagree on almost everything else, never waver in their commitment to auto manufacturers in Detroit and the steel industry. Republicans and Democrats never forget to remind the American public that they will try […]

If 10-Year Yields Surpass 5%, Say Hello to QE (and Massive Inflation)

The wizards at the Fed and US Treasury have been forced to acknowledge that their “transitory,” inflation is, in fact, quite “sticky.” And with the inflation elephant now acknowledged by the circus of high finance, Treasury yields keep inching up, recently reaching 4.7% — the highest since November. The Fed is stuck: It needs to raise interest rates to tame inflation and […]