Peter's Blog

Investors Throw a Temper Tantrum: SchiffGold Friday Gold Wrap 10.12.18

The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week’s precious metals news coupled with thoughtful analysis. You can subscribe to the podcast on iTunes.

Fun on Friday: You Gotta Pay These Bacteria to Work

Will work for gold! Who wouldn’t right? I don’t know about you, but I would work even harder for some gold than I would for dollars, knowing the Federal Reserve isn’t going to inflate the value of my gold away by 2% or more every year. Well, apparently people aren’t the only organisms that know the […]

Peter Schiff: The Recession Is Obviously Coming

The Dow Jones fell 831 points Wednesday, a decline of more than 3%. Meanwhile, the S&P 500 charted its biggest daily decline since February and the Nasdaq Composite dropped 4.08 percent. This follows on the heels of a 200-point drop in the Dow last week after the 10-year US Treasury yield hit the highest level […]

Indians Buying Gold in the Midst of Their Stock Market Downturn

US stock markets plunged Wednesday, shedding over 800 points. Could the be the popping bubble Ron Paul recently said was on the horizon? That remains to be seen. But equities in many emerging markets have been shedding value for several months. Take India for instance. As a recent article in the Economic Times of India […]

Ron Paul: We Have the Biggest Bubble in the History of Mankind.

The mainstream is giddy about the “booming economy.” We have rising stock markets, continued job creation and solid GDP growth. But Ron Paul recently appeared on CNBC Futures Now and threw a big bucket of cold water on the mainstream narrative. He said we are barreling toward a recession. 

The Gold Standard: Protector of Individual Liberty and Economic Prosperity

Most of the mainstream view the gold standard as an archaic relic from a bygone era. At best, a return to some kind of gold standard is unnecessary. At worst, it would plunge the world into economic chaos. Conventional wisdom holds that a gold standard would make boom-bust cycles worse. (This is a myth.) Paul […]

Peter Schiff: Stagflation Is Coming (Video)

Peter Schiff recently appeared on RT Boom Bust, along with Investor’s Advantage Corporation founder John Grace, to talk about the recent jobs report. Peter summed things up with a dire warning. Stagflation is coming and it’s going to be worse than 2008.

American Consumers Now Over $3.9 Trillion in Debt

Americans continue to pile up debt, adding to numbers that were already at record levels. US consumer debt increased by $20.1 billion in August, pushing total consumer credit to a record $3.94 trillion, according to the latest numbers from the Federal Reserve. That comes to a 6.2% annual growth rate.

Contra Krugman: It’s Your Dime Interview with Economist Bob Murphy

SchiffGold’s It’s Your Dime features “straight talk” interviews with movers and shakers in the world of precious metals, investing and economics. In this episode, host Mike Maharrey talks with economist Bob Murphy about his Contra Krugman book, how Keynesian economics goes off the rails, the time Paul Krugman ridiculously compared HealthCare.gov to UPS, the trade war, the […]

Peter Schiff: Are Rising Interest Rates About to Prick the Bubble?

The end of last week was tough on US stock markets. The Dow fell off about 200 points on Thursday and another 180 on Friday. But despite those drops, the Dow was only down slightly on the week. The NASDAQ, on the other hand, fell more than 3% last week and the S&P 500 was […]