Peter's Blog

Gold Will Take Off as Fed Loses Credibility (Video)

Peter Schiff shared his perspective on the gold market with Kitco News yesterday. Other guests on Kitco have insisted that the Federal Reserve has no choice but to raise interest rates in September, or else the Fed won’t be able to deal with a looming recession. Peter counters this by pointing out how a small […]

Frightening Data Points to Potential Market Panic & Fed Inaction

Yesterday, the Arms Index (TRIN) spiked dramatically to levels not seen since 2011 and nearly twice as high as last week’s “Black Monday.” The Arms Index is a way of measuring how balanced the stock market is, with higher values suggesting the market might head in a bearish direction sooner than later. As ZeroHedge describes […]

Pulling Back the Curtain on Fed’s Rate Hike Circus (Audio)

In his podcast released yesterday, Peter Schiff reviews the latest economic data and the ridiculous September rate hike talk from the Federal Reserve. He also talks about his visit to Jackson Hole this past weekend, and the so-called “protest” that the Fed allowed to run parallel to its official event. I think Fed Up was […]

This Month in Gold – August 2015

South Korea, China Buying Up Gold Reuters, Bloomberg – South Korea and China both reported an increase in gold purchases last month. Based on first-half sales through the country’s largest gold merchant, South Koreans are on pace to purchase $860 million in bullion – a yearly record. Analysts estimate South Koreans hold around 800 metric […]

American Pipe Dreams: Dissecting Mainstream Misinformation (Video)

Stefan Molyneux hosted Peter Schiff on Freedomain Radio last week. They discussed at length the decline in the United States equity markets and the effects of Federal Reserve monetary policy. They also had a broader conversation about the fundamental economy of the US, as well as Peter’s track record of economic predictions. In the second […]

The World Is Preparing for a Post-US Dollar Economy (Audio)

Peter Schiff spoke with the Shadow of Truth podcast last week. They had a friendly conversation about the Chinese yuan, the downfall of the US dollar, and the condition of Peter’s imprisoned father, Irwin. They also discussed the track records of the Federal Reserve Chairmen and how the price of gold can be used as […]

Ray Dalio Follows Peter Schiff’s Lead: Watch for Minor Rate Hike, then QE4

In mid-July, Scott Nations of CNBC as much as laughed in Peter Schiff’s face when Peter predicted the Federal Reserve may raise interest rates a very small amount before launching a fourth round of quantitative easing in 2016. Nations said: It seems that you’re a little bifurcated here. You say that you think the Fed […]

When World Leaders Tell the Public, “Don’t Panic”…

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. Bloomberg recently published an article about how world political leaders don’t have too much to say about the current sell off in equities – the worst […]

Ron Paul’s 80th Birthday Speech: The Future of Liberty & American Prosperity (Audio)

Dr. Ron Paul turned 80 years old last week, and the Mises Institute threw a birthday party for him. Tom Woods and Judge Napolitano introduced Dr. Paul with stirring speeches, reminding us of how pivotal Ron Paul has been to the libertarian and free-market movements. Dr. Paul delivered a resounding inspirational talk directed at those […]

Could Americans Someday Use Dollars as Napkins?

Stories about plummeting stock markets, a sputtering Chinese economy, and the yuan versus the dollar have dominated financial news over the past few weeks. Lost in the din: the economic disaster continuing to unfold in Venezuela. Venezuelans face crippling shortages of basic staples as their currency, the bolivar, continues to inflate at breakneck speed. Hyperinflation […]