Peter's Blog

Could Rising Interest Rates Pop the Renewable Energy Bubble?

Could rising interest rates pop the renewable energy bubble? As the Federal Reserve and other central banks try to turn off the easy money spigot, we will likely see a growing number of corporate bankruptcies in the coming years. The renewable energy sector is particularly vulnerable and exemplifies broader problems in the global economy.

China and Japan’s Nuclear Option in the Pending Trade War

China, Japan and some other countries have a nuclear option they could use in the pending trade war. If deployed, it could serve as the pin that pops the stock market bubble. At the same time, it could put the US government in a nasty spot as it tries to fund its profligate spending and upward […]

Silver News: Demand Expected to Rise in 2018 and Technological Advances

Silver demand for industrial applications as well as jewelry production is expected to increase in 2018, pushing overall demand higher. The Silver Institute outlined silver market trends for 2018, along with the latest technological innovations involving the white metal in its latest issue of Silver News.

Gold Has Two Fundamentals Going for It

There’s been a lot of focus on inflation and interest rates and how they will impact the gold market in the coming months. But gold has two fundamentals going for it that aren’t getting nearly the same kind of attention. Simple supply and demand. 

Peter Schiff: No, It’s Not Easy to Win a Trade War

It looks like Donald Trump is launching a full-blown trade war. Not to worry though. According to the president, a trade war is “easy to win.” When a country is losing many billions of dollars on trade with virtually every country it does business with, trade wars are good, and easy to win. Example, when […]

Stockman: Wall Street’s Disconnect from Main Street Is Unsustainable

In a podcast last week, Peter Schiff said rookie Federal Reserve chair Jerome Powell couldn’t be more wrong about the economy. He sees smooth sailing ahead. Peter sees a storm. Former Reagan Office of Budget Management director David Stockman made a similar observation in a column last week. What’s ahead is tumult, not smooth. That’s because […]

Peter Schiff: The Party Is Over (Video)

We’ve been talking a lot about the rising levels of debt – both government and household. Set in an environment of rising interest rates, this is a huge problem very few people seem concerned about. We’ve been enjoying a big party and it’s about to come to an abrupt end.

Russia Passes China; Gold Hoard Now World’s Fifth Largest

Russia has passed China to become the world’s fifth-largest gold-holding country. According to a Bloomberg report, the Bank of Russia added nearly 20 tons of gold to its stash in January, raising its total to 1,857 tons. The People’ Bank of China reported holdings of 1,843 tons. Russia has bought gold every month since March […]

Gold and Silver on Sale: SchiffGold Friday Gold Wrap 02:23:18

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: Groundhog Day Coin and Other Weird Stuff About Punxsutawney Phil

Americans can turn pretty much anything into a “holiday.” Even a groundhog. I guess Groundhog Day isn’t a holiday, strictly speaking. I mean, I don’t get a day off work. And the government doesn’t close. That’s when you know you have a real holiday. Government shuts down and my mailbox isn’t filled with inane fliers and […]