Peter's Blog

Trouble Ahead? The Gold-Oil Ratio Is Inching Back Up

The Gold-Oil ratio — which signifies how many barrels of oil you can buy with an ounce of gold — has been steadily rising since its dramatic COVID-era spike in April 2020. A high ratio tends to signify economic trouble and a weak dollar, since it demonstrates that gold has an even more dramatic rise […]

Dollar Store Stocks Are Cratering and Pundits Can’t Agree Why

A decade of slow growth delivered magnificent gains for “dollar store” stocks like Dollar Tree and Dollar General, but both are now going off a cliff. However, pundits can’t agree: Is it because high inflation is making the poor even poorer, pricing them out of even the cheapest retail option in town? Or is it […]

Peter Schiff: Gold Weathers Mixed Data

In this episode, Peter addresses another batch of economic data, its impact on the precious metals market, and inherent weakness in the economy. The political and media class wants Americans to think the economy is in good shape, but as Peter will explain, that claim doesn’t pass the sniff test. 

The Fed Dramatically Slows the Pace of QT

The following analysis breaks down the Fed balance sheet in detail. It shows different parts of the balance sheet and how those amounts have changed. It also shows historical interest rate trends.

Schiff on Silver Bullion TV: It’s Time to Pick Our Poison

Peter recently appeared on the Silver Bullion TV youtube channel to discuss the national debt, inflation, and economics. His conversation with host Patrick Vierra also hits on the nation’s unemployment rate and the state of the housing market. 

The Midas Nerve: How Nanotech Will be Built on Gold

All the riches in the world lay before you. The strivings of millions of men lay carelessly in the corners of your home. Worldly want is but a glazed over memory of your recent past, a past far happier than your life as of the last 30 seconds. Your newest 3 million dollar acquisition could […]

Open-Source Stability: How Some Emerging Markets Have Thrived as Others Inflate

While monetary independence is a highly appealing concept, maintaining it has been an endless struggle for many emerging markets. While a great improvement from 50 years ago, the 8.3% inflation of emerging markets and developing economies in 2023 still dwarfs the 2.6% of advanced economies. All countries, no matter their stage of development, have experienced […]

A “New Deal” With Iran? U.S. Officials Say It’s Unlikely

There’s “no harm” in talking with the West, Iran’s supreme leader said in a recent speech, sparking hopes among some of the country’s adversaries that a nuclear treaty could be on the horizon.

13 Week Money Supply Starts Rising

Money Supply is a very important indicator. It helps show how tight or loose current monetary conditions are regardless of what the Fed is doing with interest rates. Even if the Fed is tight, if Money Supply is increasing, it has an inflationary effect.

“Heating Up” in the Arctic?

In the same week that Biden said he would not seek reelection, Russian and Chinese bombers were escorted out of the Alaskan Air Defense Identification Zone (ADIZ). Russia and China acting so boldly near American soil is an unprecedented move that signals the rising tensions of recent years.