Peter's Blog

Why Rate Cuts Only Delay Economic Recovery

Politicians have tricked their citizens into believing that low interest rates will solve their economic troubles– perhaps by lowering housing prices or stimulating the economy out of a recession. In reality, slashing rates isn’t a cure to economic ailments; it’s a poison that corrupts saving and investment and raises prices across the economy. The following […]

The Bread & Circus effect: The Danger of Public Stadium Funding

In 2016 when the measure C initiative to raise hotel taxes to benefit a new San Diego Chargers stadium failed, the Chargers left their hometown of many years to go to Los Angeles. A team expecting government aid as a prerequisite to be in a location is an exceedingly common story in the world of […]

Freedom in Money: Gold, Crypto, and the Fed

For the government to undermine a nation’s currency, as the Federal Reserve has done, a money printer isn’t enough. If the state truly wants to give its currency power, it must also wage ideological war against alternatives to fiat, like gold and silver, to prevent citizens from using sound money. The following article was originally […]

Peter Schiff: Buy Gold, Dump Treasuries

On Monday’s episode of the Peter Schiff Show, Peter reacts to a dramatic day in the markets where gold and especially silver steal the headlines, then connects those moves to political and monetary developments that he says make the dollar vulnerable. He ties a sudden surge in precious metals to a new scandal around Fed […]

December CPI Pops 0.3%, Gold Brushes $4,600

After a two-month data void caused by Washington’s funding standoff, the Bureau of Labor Statistics finally dropped December’s Consumer Price Index—and the numbers refuse to play along with the “mission-accomplished” narrative on inflation. Headline CPI rose 0.3 percent for the month, lifting the index to 324 and pushing the yearly gain to 2.7 percent—still north […]

Metals Tell the Truth About the Economy

Gold and silver are sniffing out the inflationary regime. Rising together, even after pullbacks, the historic run in precious metals is part of a desperate SOS signal for the economy. The Fed isn’t the only one printing money. Trump is floating plans for 50-year mortgages and payments for veterans, seeking any justification for “stimulus” that […]

New Gold-ETF Data: Record Inflows Fuel Metal’s Best Year Since 1979

Gold closed out 2025 in runaway mode, notching fresh all-time highs on 53 trading days and sprinting to an intraday peak of $4,514 per ounce on the year’s final Friday. The blistering rally ignited a historic rush into physically backed exchange-traded funds (ETFs), which absorbed a record $89 billion and more than doubled global assets […]

Federal Budget: Government Deficit Exceeds $1.6T in 2025

Federal Budget The Federal Government publishes the spending and revenue numbers on a monthly basis. The charts and tables below give an in-depth review of the Federal Budget, showing where the money is coming from, where it is going to, and the surplus or deficit. The government fiscal year closes at the end of September, […]

October Trade Deficit Drops to Lowest Level since Great Financial Crisis

The Trade Deficit is one of the two components of the ‘twin deficits’; the other being the federal budget deficit. The trade deficit used to be a number that received a ton of attention in the 1980s and 1990s because it was determined to be a strong gauge of the strength and weakness in the […]

Precious Metals Start 2026 With Strong Gains

In this Schiff Gold Friday Market Wrap, Peter Schiff breaks down the explosive start to 2026 for precious metals after a historic 2025: gold surged, silver and platinum ripped higher, and mining stocks finally confirmed the bull market by outperforming the metals. Peter explains why this is no longer “just a gold story,” why silver’s […]