Peter's Blog

The Fed Systematically Sabotaged the Economy; So What’s Next? (Video)

Peter Schiff appeared on InfoWars with David Knight and talked about how the Federal Reserve has systematically sabotaged the economy. Peter made a strong case that the actions of the Fed have created an economy that is even worse than it was seven years ago, before the so-called “Great Recession.” He also observed that the […]

Peter Schiff Media Roundup Jan. 4 – Jan. 15

Over the past two weeks, Peter Schiff released a podcast and a Schiff Report video. He also appeared on CNBC, the Daily Ledger, Fox Business, X22, Newsmax, Yahoo! Finance, Stefan Molyneux’s podcast , and CCTV America. Since the beginning of the new year, Peter has focused on the horrible start on Wall Street and the likelihood […]

Fed’s Continuing Denial About Economy Risks More than Its Own Credibility (Audio)

Blame Market Volatility on the Fed, Not Commodities (Video)

Peter Schiff spoke with CNBC World last night. Just like Futures Now and Yahoo! Finance, the anchor questioned whether or not the Fed is really to blame for market volatility. He thought commodity volatility – particularly oil – played a big role. Peter disabused him of this theory and explained why he expects the Fed to launch […]

CNBC Admits Peter Schiff Was Right (Video)

Last month, Peter Schiff told CNBC the US stock market would fall dramatically if the Federal Reserve hiked rates. That is exactly what has happened in the new year, and when CNBC spoke with Peter yesterday they admitted his prediction had been right. However, they were still skeptical of Peter’s forecast of the economy sliding […]

Swiss Play Financial Hot Potato with Negative Rates

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. Check out this article on an absolutely mind-boggling phenomenon taking place in Switzerland. Apparently Local Cantons (what states are apparently called over there) are actually telling […]

What Will the Fed Blame the Coming Recession On? (Video)

Peter Schiff spoke with Yahoo! Finance yesterday. The anchor was skeptical of Peter’s forecast of the United States sliding into a recession in the first quarter of 2016. She pointed to the low unemployment rate as the sole reason for optimism. Peter explained why employment is a lagging indicator, and reminded her of Fed Officer […]

The State of the Union: A Big Joke on the American People (Video)

Peter Schiff appeared on Stefan Molyneux’s podcast Wednesday and dissected the State of the Union address. Peter summed it up this way: He opened with a joke, he closed with a joke. The entire State of the Union address was one big joke. Unfortunately, the joke is on the American people.”

2016 Forecast: An About-Face for the Fed & Gold (Video)

Peter Schiff believes the Federal Reserve’s December interest rate hike was actually the end of the Fed’s tightening cycle that began with the first talk of tapering quantitative easing (QE) several years ago. Economic data will continue to be weak, and the US will likely be in an official recession in 2016 if it isn’t […]

Chinese Bank Acquires Huge London Vault

China’s largest bank is buying the lease on a huge gold vault in London, another sign of gold’s continuing shift from West to East. As the Telegraph put it, acquisition of the 1,500 ton vault will enlarge ICBC Standard Bank’s footprint in the city’s bullion market: The Chinese and South African lender is aiming to […]