Peter's Blog

Fed Up Friday: Oct. 1 – 7

A wilting, stifled economy is the story this week with the Fed. They’re trapped, unable to bolster the economy and they have no ammo to halt inflation. Fed President Lacker Urging Preemptive Rate Increases Regular Fed dissenter Jeffrey Lacker said this week he sees even bigger rate increases coming in if the Fed doesn’t start […]

Peter Schiff Podcast: Only a Recession Can Help US

In his 200th podcast, Peter Schiff explains the ineffectual outcomes of Richmond Federal Reserve President Jeffrey Lacker’s call for “preemptive” interest rate action. Lacker said he believes the Fed should anticipate a rise in inflation levels by getting ahead of the curve. The suggestion only makes sense to those who can’t see the artificially inflated […]

Millennial Student Loan Debt Tanks Housing Market

There are currently about 54 million millennials entering the workforce in the US, and for many of them, the idea of buying a home isn’t an immediate goal. That’s because the majority (70%) are under an enormous amount of student debt. Large school loans are motivating many millennials to put off their first home purchase […]

Secret Swiss Gold Vault Storage on the Rise

Ever since the financial crisis of 2008, many investors have bought gold and precious metals to withstand the storm of volatile markets and insolvent banks. Demand for gold storage services is so in-demand throughout the world, Switzerland vault owners are turning customers away. Many of these Swiss vaults reside in the Alps within old military […]

Peter Schiff Podcast: Fed Bigger Threat to Depositors than Wells Fargo

In his latest podcast, Peter runs down the real threats of prosecuting and over-regulating financial institutions like Wells Fargo. Last week, Wells Fargo CEO John Stumpf was lambasted by members of the House Financial Services Committee over the unauthorized accounts scandal. Members called for Strumpf’s resignation and a breakup of the company. Aside from the heated […]

Fed Up Friday: Sept. 24 – 30

The Fed wasn’t immune from the political spectacle that was the Presidential debate on Monday. After that, Yellen had to answer even more criticisms from the nation’s financial regulation. “The Fed is being more political than Secretary Clinton”— Trump In Monday’s much-awaited presidential debate between Hillary Clinton and Donald Trump, there were many contentious topics […]

Yellen Dodges Questions on Interest Rates and Political Motives

On Wednesday, Federal Reserve Chairwoman Janet Yellen testified before the House Financial Services Committee on financial regulation. The Fed Chair took criticism from both sides, with Democrats and Republicans criticizing the regulatory body for doing too much and for doing too little. Among the topics was the over-reach of Dodd-Frank, breaking up “too big to […]

Peter Schiff Podcast: The Debate We Should Have Seen

In his latest episode, Peter Schiff reacts to the first presidential debate and Donald Trump’s missed opportunities to put Hillary Clinton on the defensive about paid maternity leave, government mandates, profit sharing, and the Federal Reserve. One of Trump’s biggest opportunities was going after independent voters by expanding the argument that Clinton’s policies were “just […]

Peter Schiff and Roy Sebag on the Goldmoney Revolution

In an epic meeting of economic intellects, Peter Schiff and Roy Sebag talk about Goldmoney’s recent acquisition of SchiffGold and the coming revolution in value transactions. Peter and Roy also discuss the special properties of gold that make it the best standard for backing currency, Goldmoney’s potential to change the way we buy, sell and save, and […]

Fed Up Friday: Sept. 17 – 23

In light of the Fed rate hike news finally dropping this week, we can start looking ahead to the rest of the year. It’s a great time to be Fed Up with the election looming and global central banks making moves to preserve their economic health into next year. Fed Holds Interest Rates “For the […]