Peter's Blog

Fed Up Friday: Oct. 22 – 28

Despite today’s GDP numbers and many expecting a rate hike in December, get ready for years of continued low interest rates for a struggling economy. A rate hike this year will simply be “too little, too late” for our weakest economy since 2008. Learn more about how the Fed factors into all of this in this week’s Fed […]

Peter Schiff Podcast: Markets Ignore Fed President’s One and Done Admission

St. Louis US Federal Reserve President James Bullard recently suggested the Fed is likely to maintain its strategy of small, incremental rate hikes for the next few years. This includes one likely December hike and then only one or two more for the next several years. Bullard estimates rates to stay at .68% through 2019. […]

Currency vs Money: What’s the Difference?

If you look up the words “currency” and “money” in a thesaurus, each word will probably be listed as a suitable linguistic substitution for the other; however, their economic function is almost completely opposite. Understanding the difference between currency and money is critical to making smart decisions about preserving your wealth.

Don Coxe Advises Buying Gold as Hedge Against Economic Crisis

With election day looming and the Fed seemingly in a civil war with itself, more and more financial experts are looking to buy gold in order to weather the recession. In a recent Financial Sense podcast, financial advisor Don Coxe explains how bad monetary policy, central bank overreach, and the coming economic crisis should prompt […]

Steve Wynn: Deficit Spending and Obamacare “Degrading” American Paychecks

The last presidential debate has finally seemed to succeed in pushing economic issues past personal attacks and into the foreground of media discourse. In a Fox interview on Thursday, casino entrepreneur Steve Wynn took the opportunity to express how deficit spending and Obamacare are adding to the sense of “frustration, anger and confusion” currently felt […]

Fed Up Friday: Oct. 15 – 21

Once again, the Fed is predicting a rate hike by the end of the year. The problem is they’re notoriously bad at predicting their own rate hikes. The Fed’s Lackluster Success at Predicting Rate Hikes At the start of 2016, Fed members had predicted more rate hikes than we’ve experience so far. That’s not a […]

India’s Monsoons Blowing in Higher Gold Prices

As one of the largest markets for gold, India’s cultural and social changes are important influences on the precious metal’s price. The nation of almost 1.3 billion people has a strong relationship with gold, which is interwoven in marriage ceremonies and cultural rites. Just last month, high prices were driving many citizens to trade in […]

Will a US Digital Currency Make the Fed Even More Dangerous?

In a recent episode of Ron Paul’s Liberty Report, the former presidential candidate and Libertarian icon examines the future of digital currency. Paul and co-host Daniel McAdams talk with NYU Law Fellow and digital currency expert Max Raskin about how a future form of US digital money might give the Federal Reserve even more control […]

Why Central Banks Make a Mess of Inflation Targeting

Alasdair Macleod has over 40 years’ experience in fund management, corporate finance and investment strategy. He believes government monetary policies are the biggest threat to our financial savings and independence. As head of Research at Goldmoney, Alasdair helps everyday consumers understand the benefits of using gold as both money and a store of value. We […]

Peter Schiff Podcast: Media Trumps Up Obama to Help Clinton

In his latest podcast, Peter reports on the week’s economic numbers and takes the popular media to task for helping Hillary Clinton secure the presidency. Biased reports are showing Obama as a “deficit-reducing miracle worker,” while the debt-to-GDP has never been higher under his presidency. “The media is constantly going to try to redefine a […]