Peter's Blog

Rate Cuts & War Will Push Gold Higher 

The war in the Middle East continues to escalate, threatening the entire region with an all-out conflict that, should it boil over, is almost certain to lead to heavier US involvement. All eyes are on Israel and Iran. Meanwhile, as the presidential election nears, the Fed and other central banks are desperate to cut rates […]

Demagogue Elizabeth Warren Flunks Econ 101:

Last week, Massachusetts Senator Elizabeth Warren appeared on CNBC to defend Vice President Harris’ recent proposal to implement price controls. What followed was a predictable progressive screed full of economic fallacies and finger-pointing. Here we’ll take apart two of her claims. In the first, she engages in question-begging about the effects of price gouging laws. […]

Powell Springs Into Action After Economic “Soft Landing”

Yet again the myth of a “soft landing” even as the CPI surges past its target. Powell is now keen to extinguish the fire though disastrous rate cuts, a sign that the recession is already here.

Peter Schiff: Fed’s Pivot is Misguided

In this episode, Peter analyzes the Fed’s conference in Jackson Hole and the pivot Jerome Powell signaled in figure monetary policy. He also dives into the hot political topics from this week, namely, the Democratic National Convention and RFK Jr.’s endorsement of Donald Trump for President.

How Patent Abuse Fuels America’s Drug Pricing Problem

The United States patent system, originally designed to foster innovation and protect inventors, has become a battleground where pharmaceutical companies wage war against competition and affordability. While patents play an important role in incentivizing research and development, the current system has been manipulated to extend monopolies far beyond their intended duration, resulting in skyrocketing drug […]

Schiff Tackles Dedollarization on Resource Talks

Peter recently appeared on the Resource Talks Youtube channel to discuss the future of gold and the U.S. economy. In his interview, which makes up the first portion of the show, Peter specifically speaks to the looming financial crises facing the United States, unsustainable debt levels, the inevitable collapse of the dollar, and the role […]

UBS: Taylor Swift Could Derail the Global Battle Against Inflation

Just when you thought the headlines couldn’t seem more absurd, Swiss banking giant UBS has issued a warning that in the global battle against inflation, the worst enemy of central banks could be none other than pop star Taylor Swift.

Table for 1: The Solo Service Economy

A last measure of desperation and relational duress in the 1980s is today a common sight. Film and TV from an era even as recent as the early 2000s now seems both frighteningly prophetic and offensive. The species of the solo diner has recently grown in both number and severity, particularly in the last 4 […]

Comex Physical Gold: Demand Increases While Supply Falls

The Comex report for last month correctly identified a potential big move in silver while the same report two months ago preceded a massive up move for the price of gold. The data this month is not as obvious or compelling, but it is clear the stress on the Comex continues to build.

The “Biden Brand” Is Unconstitutional, Alleges House GOP Report

President Joe Biden committed “impeachable offenses” while in office, according to a hot-off-the-press report from the House GOP.