Peter's Blog

Seeking Refuge from Monetary Manipulation

Politicians frequently lament inflation and blame it on greedy private actors. What they fail to mention is that they intentionally create inflation to avoid the purported perils of falling prices. The following article was originally published by the Mises Institute. The opinions expressed do not necessarily reflect those of Peter Schiff or SchiffGold.

Happy Banksgiving: What Thanksgiving Might Cost in 2025

Thanksgiving cheer is sweeping across America! That means family, feast, and financial burden as the cost of food and other essentials continue to rise for Americans already indebted, cash-strapped, and struggling to make ends meet. According to the Fed, inflation is only a mere 2.6%, down from over 3% last year. Setting aside the inherent […]

Commercial Real Estate Bond Distress Reaches Record High

From the national debt to negative jobs reports, data has been piling up that suggests America’s economic bubble is ready to burst. Now, with the Fed’s most recent round of rate cuts moving through the economy, fault lines are appearing in the commercial real estate sector. The following article was originally published by the Mises […]

Money Supply Growth Continues to Accelerate

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.

Peter Schiff: It’s Time for Downward Revisions

On Saturday, Peter took to his podcast to cover last week’s economic news and political events. In this episode, he discusses rumors of large downward revisions in jobs numbers, the issues with and irony of a state Bitcoin reserve,  and the striking resemblance between the government’s spending situation and a Ponzi scheme.

Schiff vs. Breedlove: Gold will Thrive in a Digital Future

Last week, Peter participated in a Zerohedge debate moderated by Keith Knight (who also interviewed Peter recently). He faced off against Bitcoin advocate Robert Breedlove on his show, “What is Money?”  Peter and Robert discuss the future use cases of Bitcoin and gold, the philosophy and economics behind money, and what it would take for […]

Will December Comex Delivery Confirm Election Sell-Off is Over?

The CME Comex is the Exchange where futures are traded for gold, silver, and other commodities. The CME also allows futures buyers to turn their contracts into physical metal through delivery. You can find more detail on the CME here (e.g., vault types, major/minor months, delivery explanation, historical data, etc.).

NAFTA Fever and the Illusion of Government-Created Free Markets

As the nation prepares for Trump’s second term, protectionism and hostility to free-trade are getting a second wind.To preempt the economics behind these ideas, it’s worth revisiting the fact that the government cannot “level the playing field” or create free markets. The following article was originally published by the Mises Institute. The opinions expressed do […]

Hunger Games: How the Private Sector Can Win the Battle Against Food Insecurity

America is known as the land of plenty, yet millions of Americans struggle to put food on the table daily. Despite our nation’s economic prowess, the latest data from the U.S. Department of Agriculture is sobering. In 2023, 13.5% of U.S. households experienced food insecurity, a statistically significant increase from 10.2% in 2021. This translates […]

With or Without Tariffs, the USD is a Ponzi

With soaring deficits, soaring debt, and interest payments that can only be made by issuing a debt-based currency on which even more interest will be due, the USD can only possibly be described as an elaborate nation-state level bankster Ponzi scheme.