Peter's Blog

Prepping Basics: It’s Your Dime Interview with Preparedness Expert Suzanne Sherman

Are you prepared for a disaster? People tend to stereotype “preppers” as tinfoil hat wearing conspiracy theorists waiting for the zombie apocalypse. Suzanne Sherman busts all the stereotypes.

Fed Chair Releases Dovish Trial Balloon; Says Interest Rates Are Close to “Neutral”

Stocks rallied and the price of gold got a bounce after Federal Reserve Chair Jerome Powell released a dovish trial balloon on Wednesday. During a speech at the Economic Club of New York, Powell seemed to indicate interest rates are “just below the broad range of estimates of the level that would be neutral for […]

Pop Goes the Auto Bubble: It’s Your Dime Special

In this special episode of It’s Your Dime, Mike Maharrey switches roles and becomes the interviewee. Mike recently appeared on Inside the News with Paul Jensen and Suzanne Sherman on K-TALK AM1640 in Utah to talk about the popping of the auto bubble and more generally how the Federal Reserve has set us up for […]

Corporate Debt Could Make Next Recession “Difficult to Manage”

Bankers, investors and executives are increasingly worried about corporate debt,  according to a Reuters report. Specifically, the concerns center around “leveraged lending.” These are loans made to firms already deeply in debt. Think subprime loans for corporations. As the Reuters report put it, “the concern is that the loans would be difficult to either collect […]

Protect Your Retirement from the Raging Bears

In a recent appearance on RT Boom Bust, Peter Schiff emphasized the stock market bubble has burst and we are already in a bear market. This is early in this bear market. It’s very young and unfortunately, it’s going to be very long-lived. I think this is going to be similar, if not worse, than the […]

Has the Auto Bubble Popped? GM Announces Plant Closures and Layoffs

Last week, we reported that it looks like the air is coming out of housing bubble 2.0. Now it appears the auto bubble may have also popped. Yesterday, GM announced plant closures and layoffs due to sluggish sales. The big automaker said it plans to shutter five North American factories and slash around 14,000 jobs. 

Peter Schiff: This Is a Bubble Deflating (Video)

Peter Schiff appeared on RT Boom Bust last week and reiterated he thinks we have entered a bear market. In fact, what we’re seeing now is a deflating bubble. 

Bitcoin Roasted Like a Thanksgiving Turkey, Drops 40% in Two-Week Span

Bitcoin dropped below $4,000 as a massive selloff in the cryptocurrency market continued over the Thanksgiving weekend. The price of a bitcoin fell as low as $3,604 during the sell-off. It has lost some 80% of its value from highs reached late last year when the price of bitcoin eclipsed $20,000. Bitcoin has fallen 40% in […]

How Socialism Nearly Wiped Out the Pilgrims: SchiffGold Friday Gold Wrap 11.23.18

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: Black Edition

Well, today is Black Friday. Since 2005, the day after Thanksgiving has marked the busiest shopping day of the year. I know a lot of people who treat today like a holiday. They even have Black Friday traditions. I actually have some friends who meet at 3 a.m. on Black Friday for breakfast and then hit […]