Peter's Blog

What Would You Do If You Couldn’t Get Money Out of Your Bank Account?

What would you do if the bank suddenly froze your account and you couldn’t access any of your money? Perhaps this sounds a little farfetched, but it certainly isn’t unprecedented. In fact, Chinese customers of some Spanish banks recently faced this exact scenario.

Fun on Friday: Scammer Gets Help from High Places

Usually, the government tries to stop scams. Unless, of course, the government is part of the scam. No, I’m not talking about the Federal Reserve. I’m actually talking about a Liberian gold scam that US law enforcement uncovered last fall. As it turns out, Liberian government officials facilitated a key part of the scammer’s scheme.

Not Smart Enough to Know They’re Not Smart Enough: ShiffGold Friday Gold Wrap 03.08.19

Central bankers and politicians think they can run the economy. They can’t. In this episode of the Friday Gold Wrap, host Mike Maharrey digs into some fundamental economic theories that explain why these central planners will always fail, no matter how noble their intentions.

Peter Schiff: America’s Economic Problems Are Self-Inflicted (Video)

Peter Schiff has been talking a lot about the prospects of a trade deal lately. His point: an end to the trade war isn’t going to heal America’s economic wounds. And those wounds? Well, they’re self-inflicted. Peter appeared on RT again on Monday (March 4) to hammer home this point.

The Fed Is Already Talking About Increasing Its Balance Sheet Again

All of a sudden, the Federal Reserve is considering increasing its balance sheet again. Remember back in September? QE was on “autopilot.” Then we got the “Powell Pause” and suddenly, the talk was that balance sheet reduction could be winding down. Powell confirmed that was the case just a couple of weeks ago when he […]

Is Your Battery Running Low? It’s Your Dime Interview With Libertarian Car Guy Eric Peters

Eric Peters is known as “the libertarian car guy.” But even if you aren’t particularly interested in automobiles, you’ll want to listen to this interview. Mike Maharrey and Eric not only talk about what’s going on in the auto market – an important economic barometer – but they also cover a range of topics from […]

Silver News: Market Trends in 2019 Show Positive Signs

Despite lackluster price performance last year, trends are looking positive for silver investors in 2019. The Silver Institute highlighted increasingly supportive sentiment in the silver market along with a number of technological innovations utilizing the white metal in the latest edition of Silver News.

Bear vs. Bull: Peter Schiff Debates Louis Navellier (Video)

The stock market has rebounded nicely since those dark days of December leading many analysts to believe precipitous nosedive was nothing but a bull market correction. But Peter Schiff begs to differ. He’s been saying that the rally in stock since the Powell Pause is really a bear market correction. Furthermore, Peter says an upcoming […]

Romania Considering Plan to Bring Its Gold Reserves Home

Romania may bring most of its gold home. Romania’s ruling party chief has submitted a bill that would require the country’s central bank to keep 95% of its gold within the borders of the country. Currently, about 60% of Romania’s 103.7 tons of gold is stored at the Bank of England.

Peter Schiff: We’re not Borrowing Ourselves Rich; We’re Borrowing Ourselves Broke

Peter Schiff has been saying that despite the recent stock market rally and all of the optimism about an end to the trade war, a recession is a done deal. There is plenty of economic data to back up despite the recent economic growth. In his most recent podcast, Peter Schiff said that while the […]