Peter's Blog

How Antitrust Policy Helped Kill Spirit Airlines

Most Americans are familiar with the frustrations of air travel, including high fares and limited options. Those less versed in the history of airline regulation may not realize that this oligopoly was built with government help from the very beginning, and that antitrust crusaders who claim to fight Big Business often end up strengthening the […]

War’s Lasting Cost to Liberty

War is often sold to the public as a noble necessity, but those not versed in its true history may not appreciate how reliably it serves as the greatest enemy of liberty, inevitably stripping citizens of rights, expanding state power, and destroying the futures of those who fight. The following article was originally published by […]

The One Type of Person at the Heart of the Fed

The current Federal reserve board chairman and his successor share a very specific trajectory. They both went to an Ivy League for undergrad, got elite law degrees, went into the banking industry, and then transitioned to the public sphere. Their specific path should not be surprising to anyone, but we must critically ask whether people […]

April CPI Surprise Sends Gold to $4,700 as Energy Costs Surge

April’s Consumer Price Index offered scant comfort to households or policymakers, with headline prices rising 0.6 percent for the month and 3.8 percent from a year earlier, according to Wednesday’s Bureau of Labor Statistics release. Though the monthly pace eased from March’s blistering 0.9 percent gain, the yearly rate accelerated, underscoring that the inflation fire […]

Why Hasn’t the Iran War Pushed Gold Even Higher?

Gold prices reached record highs in early 2026 following an epic 2025, fueled by central bank buying, inflation concerns, and demand for assets outside traditional finance. Since then, gold has pulled back significantly. Conditions created by the US-Iran war that began last February have contributed to this correction, but why?  While gold is usually pumped […]

US Government Approaches $40T in Total Debt Outstanding

Current Trends The US government has borrowed nearly $450B in the last three months. While this is a gargantuan sum of money, it annualizes to ~$1.9T which would be the smallest year of borrowing since 2022. Unfortunately, the trend more likely to hold is the borrowing seen in Feb and March which clocked in at […]

Schiff w/ Grabarskyy: Pay Attention to What Central Banks are Buying

Last week, Peter joined Vladyslav Grabarskyy from Wealth Building Blueprint for a discussion on the state of the economy and metals markets. Peter takes Vladyslav through the case for hard money and explains why he thinks gold and foreign assets will outperform dollars and domestic stocks. He connects rising inflation, central-bank behavior, and geopolitical spending […]

Schiff w/ Diesen: Dollar Weakness Will Reshape Markets

In his latest interview with Glenn Diesen, Peter lays out a picture of an economy in which the post-war shock is only a temporary detour from a longer-running slide in the dollar. He ties energy prices, fiscal deficits, trade policy, and America’s fading industrial base together into a single theme: a weaker dollar and the […]

Peter Schiff: Jobs Are Worse Than They Say  

On Friday’s episode of The Peter Schiff Show, Peter takes apart the latest employment numbers and warns that financial markets are already discounting an ideal outcome few can reasonably expect. He walks listeners through why headline job gains are misleading, why stock valuations rest on optimistic assumptions about war and AI, and why the nation’s […]

Headline Report and Household Survey Show an Employment Gap of 341k Jobs in April

The analysis below covers the Employment picture released on the first Friday of every month. While most of the attention goes to the Headline Report, it can be helpful to look at the details, revisions, and other reports to get a better gauge of what is really going on. Current Trends The jobs report showed […]