Peter's Blog

Lying Flat & Agency

The Chinese government anti-spy agency has recently been warning the youth to avoid lying flat. In a time of more limited economic mobility than the past, and with the same Chinese intense work culture in full effect, young people have started doing what they call lying flat. This is where they find ways to avoid […]

Schiff w/ Nawfal: The Empire is in Decline

On Friday, Peter joined Mario Nawfal for another interview on the Iran War and its economic fallout. He takes Nawfal through the forces he sees shaping markets today: an ongoing war that keeps oil elevated, political corruption that corrodes trust, and policy mistakes that have left the federal balance sheet vulnerable. He ties these themes […]

Comex Report: Deliveries Slow but Metal Keeps Leaving the Vault

The CME Comex is the Exchange where futures are traded for gold, silver, and other commodities. The CME also allows futures buyers to turn their contracts into physical metal through delivery. You can find more detail on the CME here (e.g., vault types, major/minor months, delivery explanation, historical data, etc.). The data below looks at […]

Peter Schiff: We’re Burning Through Our Balance Sheet

On Friday’s episode of the Peter Schiff Show, Peter connects the dots between military spending, economic coercion, and what he sees as deeper flaws in U.S. monetary and fiscal policy. He warns that the U.S. is depleting physical and financial resources at the same time that the Fed’s structure and tariff politics create perverse incentives. […]

War Will Be Funded by Inflation

With the prospect of peace on the horizon, free-market economists can rest easier knowing the worst of the Iran war may be over. Even if the war is really over, the state will still use it as a scapegoat for the Federal Reserve’s latest inflationary policies. The following article was originally published by the Mises […]

Money Supply Surges to Multi-Year High as Fed Restarts QE

The latest CPI figures are not pretty, and consumers are feeling it. Despite what politicians and Fed governors say, US monetary policy is nowhere near “restrictive,” and we’re paying the price for it. The following article was originally published by the Mises Institute. The opinions expressed do not necessarily reflect those of Peter Schiff or […]

Peter Schiff: The Fed Destroyed Sound Money

On Tuesday’s episode of the Peter Schiff Show, Peter walks listeners through the Fed’s origin story and how the institution’s structure and mission has warped the U.S. monetary system. In the context of Kevin Warsh’s confirmation hearing for Fed Chairman, he explains why the Fed was designed as a private banking syndicate, how its notes […]

Don’t Let AI Steal Your Tacit Knowledge

A recent, and extremely controversial, Palantir essay advocates for a deep enmeshment of the state with artificial intelligence for the purpose of national security. Karl et. al make the case that those who are unwilling or unable to integrate artificial intelligence into their nation’s security infrastructure will become overtaken by those who do. Businesses and […]

The Private Credit Infection

We are constantly being worned by politicians about the threat of private credit. Even some business leaders have warned the world about how private credit has the potential to destroy the banking system. This exposure to private credit could actually end up being quite similar to the 2008 financial crisis for the same reasons that […]

When is Debt Good?

While one of the main talking points of Schiffgold is the great damage of national debt, there does exist a positive place for debt in the world. National debt is a problem because it forces the people to bear a risk that they have no desire for or understanding of. The people’s lack of care […]