Peter's Blog

Building a Ghost City Out of Helicopter Money

There has been a lot of talk about helicopter money lately. Last May, Janus Capital’s Bill Gross said structural changes currently occurring in the US economy will ultimately lead the Federal Reserve to adopt this extreme form of monetary policy. Last week, Federal Reserve Bank of Cleveland president Loretta Mester revealed helicopter money is indeed […]

Peter Schiff: We’ve Entered a New Leg of a Gold Bull Market (Video)

During an interview with Kitco News at FreedomFest, Peter Schiff said gold has entered a new leg of a bull market, and he expects the yellow metal to eclipse the highs reached in 2011: I think this is a new leg of the gold bull market. I mean, gold’s been in a secular bull market […]

Government Student Loan Policies Have Perverse Incentives

Millions of Americans are saddled with student loan payments. And that’s just considering those who can actually repay their debt. Data released in March revealed that 46% of student loans are not currently being repaid. But despite the squeeze student loan repayment puts on American budgets, few choose to refinance their debt at lower interest […]

Silver Up 44.7% in First Half of 2016

While investors have primarily focused on gold’s bull run, silver has quietly outperformed the yellow metal. Between Jan. 1 and July 11, the price of silver increased 44.7%, according to the Silver Institute. The price of gold increased 27.7% in that same time period. The Silver Institute said the surge in the price of silver […]

Japanese Turning to Gold as Their Economy Spirals into Central Bank Oblivion

The Japanese economy is sliding into oblivion pulled along by central bank policy. In response, the Japanese people are buying gold. Economic growth has languished in Japan for nearly two decades despite extraordinary monetary policy including negative interest rates and round after round of stimulus. The government even flirted with the idea of helicopter money, […]

As Bond Yields Plunge, More Mainstream Investors Jump on Gold Bandwagon

Over the last few months, a number of big-name, mainstream investors have said buy gold. Stanley Druckenmiller publicly advised investors to sell US stocks and buy gold. Legendary hedge fund manager Paul Singer said “it makes sense to own gold.” With Brexit now a reality, and bond yields slipping lower and lower, the gold bulls […]

An Old Dog Rediscovers an Old Trick: Greenspan on the Gold Standard (Video)

An old dog may not be able to learn new tricks, but he can apparently rediscover those that are long forgotten. In a recent interview with Bloomberg, former Federal Reserve chairman Alan Greenspan warned of impending inflation. His prescription? A return to a gold standard. Greenspan noted that growth in productivity has ground to a […]

Peter Schiff: We’re in the Ninth Inning of This Thing (Video)

Peter Schiff recently appeared on Info Wars with Alex Jones and offered a dire warning: The world sits atop a house of cards erected by central banks…unfortunately it’s not going to end well for most people.” Peter said the aftermath of Brexit shows just how fragile the world financial system is, pointing out that in […]

“Real” Unemployment Rate Still Above Pre-Recession Levels

The June jobs report with its 287,000 new jobs lifted both spirits and markets drug down by the recent Brexit vote and other economic bad news. But the oft-reported numbers – jobs added and the unemployment rate – obscure the truth. In fact, the “real” unemployment rate remains above pre-recession levels. As Peter Schiff pointed […]

Trapped in a Loop of Central Banking Policy and Bad Decisions (Video)

In a recent episode of the Santilli Exchange, Pete Santilli talked with Hoover Institution Fellow Tim Kane about the June jobs report and the overall state of the US economy. Despite all of the giddiness about the recent jump in the number of jobs created, Kane said this jobs report wasn’t as positive as advertised: […]