Peter’s Blog

Silver prices have been climbing steadily recently, rising almost 12% since the beginning of the year. The cost of silver is normally closely tied to the rise and fall of the price of gold, which has also seen a recent jump. Causes for the push in precious metals include a sluggish dollar, political and economic […]

Earlier this week we got the first jobs report of 2017, and the headline number was the only positive stat presented. Overall, 227,000 jobs were created in January, which was 52,000 more than expected. As Peter Schiff breaks down on his latest podcast, that number is a bit deceiving. “First of all,” Peter explains, “as […]

Gold hit an 11-week high, opening Monday at $1,223.50 and climbing steadily all morning. By the afternoon, it had risen another $12. Interest in gold was spurred by a weak dollar and last week’s mixed US jobs numbers that “muted expectations for near-term interest rate hikes,” according to Reuters.

Trump has issued more executive orders than he’s spent days in office so far, and week two of his Presidency started off with a divisive refugee ban. From there, things have been even more tumultuous for the markets, with justice department firings and rocky discussions with global leaders. Refugee Ban Tarnishes Foreign Relations and the […]

So far, the Trump administration continues to deliver on some key campaign promises. These promises include the travel ban, federal hiring freeze, and authorizing the construction of the US-Mexico border wall. Higher education is another issue Trump will likely be addressing in the coming months, as it continually ranks as the biggest source of consumer […]

Gold prices have gotten a Trump bump this week following last Friday’s travel ban and the worldwide condemnation heard from foreign leaders and thousands protesting at US airports. Donald Trump’s first 11 days in office continue to demand investor attention, even as FOMC meetings begin today. Whether the Fed will raise rates is being overshadowed […]

While many are criticizing Trump’s travel ban put into effect this weekend, others are considering something more impactful to US interests: his tax reform bill. Last week Trump spun out several talking points surrounding his tax plan, which would “reduce our trade deficits, increase American exports and … generate revenue from Mexico that will pay […]

Today SchiffGold begins its newest weekly series, the “Trump 100”, a continuing look at the new President-elect’s first 100 days in office. Our series will provide you Peter Schiff’s unique perspective on Trump’s executive orders, financial stimulus, deregulation policies, and everything else essential to managing your portfolio.

On Wednesday the Dow hit a historic high of 20,000. In response, Trump tweeted “Great!” a description that sounds contradictory to his campaign message that the stock market is a “big, fat, ugly bubble”. Peter Schiff points out this contradiction in his latest podcast along with an examination of the “pillars” propping up the US […]

David Stockman, former budget director for Ronald Reagan, appeared on Fox Business recently to discuss Donald Trump’s tax cut plans and the coming debt ceiling crisis he’s predicting this summer. Stockman doesn’t see tax cuts as a possibility given the nation’s current debt levels. Stockman wants to dispel the myth that Donald Trump’s economic plans […]