Peter's Blog

Money Supply Grows at Fastest Pace since 2021

Money Supply is a very important indicator. It helps show how tight or loose current monetary conditions are regardless of what the Fed is doing with interest rates. Even if the Fed is tight, if Money Supply is increasing, it has an inflationary effect. One key metric shown below is the “Wenzel” 13-week annualized money […]

Price Synergies of Gold and Oil Muddy the Water

Gold and oil price are connected uniquely through several different mechanisms. The recent conflict in Iran has created a massive international oil shortage and thrown the FX markets and gold prices around dramatically. While international tensions are often good for the gold market, in this situation, the price of gold experienced some dramatic downward price […]

Eisenhower and the Threat of Military Overreach

In a timeless and ominously prophetic speech, Eisenhower left the nation after his eight years in office with a warning that no one at the time understood the significance of. Although Eisenhower had been at the very heart of America’s military might during World War II, he believed that what he and other American Americans […]

Peter Schiff: Tokenization Gold Can Remonetize Gold

Peter recently joined Alessandro from Risk Takers for an interview on gold’s recent price action, crypto, and the latest on the war with Iran. Peter stakes out a pragmatic position on the future of money: while he remains skeptical of cryptocurrencies as monetary replacements, he sees real potential in tokenized gold to make sound money […]

Schiff w/ La Roche: The Fed Should’ve Hiked

Last week, Peter joined Julia La Roche to discuss the Fed’s latest antics after Jerome Powell announced that rates will be held steady for at least another FOMC meeting cycle. Peter responds, warns that the consequences of the Fed’s inaction will be higher inflation, a weaker dollar, and a reassessment of what people consider real […]

The Many Costs of Public Control of Water Rights

Although water rights are often used as the poster child of the need for government intervention, the private market actually presents many compelling solutions for their allocation. State control of water rights, while compelling, actually presents many unseen costs and damages the efficient allocation of one of the necessities of life. Clear ownership frameworks and […]

Schiff vs. Every: Inflation and the Real Cost of War

On Tuesday, Peter appeared on a Zero Hedge debate with Michael Every and Dave Collum to lay out the economic consequences too many policymakers ignore. He argues that decades of monetary expansion, rising deficits and now war spending all point to higher inflation, a weaker economy, and a meaningful re-rating of assets — especially in […]

Schiff on Fox Business: The Fed Just Admitted It’s Powerless

On Wednesday Peter appeared on Fox business to dissect the latest PPI figures and the Fed’s newest decision to hold rates steady. Peter argues the Federal Reserve is out of touch, inflation is already running hot, and recent geopolitical shocks will only make a fragile U.S. balance sheet worse. To support his case, he walks […]

The Technicals: A Needed Consolidation has Gotten a Bit Uglier

Technical Analysis of Gold and Silver 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 on potential price direction in the very short-term (a few weeks to 1-2 months). In Q4, the technical analysis was strongly calling for a […]

Gold’s Worst Week Since 1983 Is Actually Bullish

Peter Schiff explains why gold’s worst week since 1983 could be the best buying opportunity yet as inflation, war, and housing risks mount. Peter Schiff argues that the sharp collapse in gold and silver is being misread by traders who still believe hotter inflation and tougher Fed talk are bearish for precious metals. He says […]