Peter's Blog

Could the Yuan Replace the Dollar? (Video)

Newsmax TV interviewed Peter Schiff earlier this week about the devaluation of the yuan. Peter did not agree with Donald Trump’s mainstream opinion that this news out of China will have terrible consequences for the United States. Instead, Peter emphasized how much more productive and robust the Chinese economy is compared to the US. When […]

Surviving Without Fiat: Alternative Currencies in Greece

The other week, we wrote about the growing barter economy in Greece. With cash withdrawal limits still in place, Greek citizens are finding it difficult to conduct daily business using traditional methods. Now, the Wall Street Journal reports on the flourishing of a variety of alternative currencies, particularly one named TEM: TEM—a sophisticated form of […]

The “Logic” Behind the War on Cash (Audio)

Earlier this year, we wrote about the latest developments in the international “war on cash.” Some central bankers have gone so far as to suggest that cash be eliminated entirely. In his latest podcast, Tom Woods and Charles Hugh Smith talk about why central authorities want to abolish cash and the role cash plays in […]

PBOC & Yuan: Trust Gold, Not Central Bankers

This article was submitted by Addison Quale, SchiffGold Precious Metals Specialist. Any views expressed are his own and do not necessarily reflect the views of Peter Schiff or SchiffGold. So the People’s Bank of China (PBOC) just weakened the yuan fix to the United States dollar by the most on record – 1.9%. A central […]

Chinese Yuan Devaluation Is Minor; US Dollar Bubble Is Growing (Video)

On CNBC’s Futures Now, Peter Schiff shared his take on the Chinese devaluation of the yuan and how it affected the price of gold. Once again, Peter reminded us that gold may not have moved up very much in terms of the US dollar, but in the Chinese currency the yellow metal rose significantly. While […]

2015 May Be Worst Recovery Year; Revise Your Rate Hike Expectations (Video)

Peter Schiff’s digs into Friday’s jobs numbers and the great expectations for a September rate hike from the Federal Reserve. In this Schiff Report, Peter walks us through the options Janet Yellen has right now and the repercussions they will have on the economy and US stocks. This year, 2015, is probably going to be […]

What Kind of “Improvement” Does the Fed Want?

This article is written by Peter Schiff and originally published by Euro Pacific Capital. Find it here. Over the past few years, observing changes in Federal Reserve interest rate policy has been a little like watching paint dry or grass grow…only not as exciting. That’s because the Fed has not changed its benchmark Fed Funds […]

Doug Casey: Next Crisis Will Be Worse than 1930s (Video)

Investment adviser Doug Casey recently appeared on Reason TV to discuss the current state of the US economy. He did not paint a rosy picture, saying that things are “building up to a catastrophe of historic proportions.” Doug made some stark comparisons between the current situations in American and conditions leading up to crises in […]

The Next Silver Bull May Have Already Started

This article was written by Laurynas Vegys and originally published by Casey Research. Any views expressed do not necessarily reflect the views of Peter Schiff or SchiffGold. Silver is down 7.1% this year. Will this weakness persist? To find out, let’s look at the key factors in the silver market this year. Like gold, silver […]

The Lie of the CPI: Real Inflation Is Everywhere

Mainstream pundits regularly scoff at Peter Schiff when he insists that real inflation is higher than the official Consumer Price Index (CPI), but an AP report this week vindicates his position. During a recent interview on MSNBC, Schiff insisted that money printing by the Federal Reserve has already created a lot of inflation. He also […]