Peter's Blog

Historic Red Retirement Rates

Before the upcoming midterm elections, a record number of incumbent House Republicans are set to retire. Historical data suggests that this is going to make it extremely difficult for Republicans to hold onto the House. When a large number of incumbents retire or do not seek office, it is very difficult to gain lost ground […]

Gold Continues to See Consistent Exit of Metal from Comex Vaults

The CME Comex is the Exchange where futures are traded for gold, silver, and other commodities. The CME also allows futures buyers to turn their contracts into physical metal through delivery. You can find more detail on the CME here (e.g., vault types, major/minor months, delivery explanation, historical data, etc.). The data below looks at […]

Schiff w/ Cole: Debt-Fueled Living Can’t Last

Earlier this week, Peter joined Harry Cole to warn listeners that the U.S. economy is running on promises it cannot keep. He lays out how trade deficits, mounting government obligations, and post-Covid spending have accelerated inflation and pushed long-term interest rates higher. Along the way he touches on the social safety net, the risk of […]

Both Parties Get “Tax the Rich” Wrong

The debate over taxing the rich has returned to the headlines, with progressives arguing that no one can legitimately earn a billion dollars and conservatives firing back that wealth at the top reflects risk-taking and value creation. Both sides, however, miss the deeper truth: a century of government intervention has so warped the economy that […]

Inflation Surges as War Spending and Deficits Grow

The latest inflation reports show price increases surging to multi-year highs across nearly every major category — driven not just by energy costs, but by the Federal Reserve’s continued easy-money policies and the compounding fiscal burden of new wars and runaway deficits. The following article was originally published by the Mises Institute. The opinions expressed […]

Peter Schiff: Sovereign Debt Will Topple the Dollar

In Tuesday’s episode of The Peter Schiff Show, Peter lays out a stark thesis: the next major crisis won’t be a replay of 2008’s private-credit collapse, but a sovereign-credit reckoning that threatens currencies and bond markets worldwide. He focuses on rising yields, Japan’s fragile fiscal math, and the danger to the dollar’s reserve status, nudging […]

13 Week Money Supply Growth Hits Highest Level Since 2022

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. One key metric shown below is the “Wenzel” 13-week annualized money […]

Consumer Sentiment Just Hit an All-Time Low. Trump Calls it Best Economy Ever

Trump says best economy in 250 years. Consumer sentiment just hit an all-time low. Saylor just went underwater on $64B. Pick a story. Kevin Warsh was sworn in as Fed Chair today while the Dow hit a record 50,700 — and Peter Schiff fact-checked virtually every claim Donald Trump made at the ceremony in real […]

One Size Fits One

Life is infinitely divisible. It is impossible to break a situation down to its most fundamental level. The infinite complexity of the world means that we only run out of information when we stop asking questions. Physically, we proceed from molecules to atoms to quarks and particles, and finally to the intersection of energy and […]

Tocqueville and Overreach

Alexis de Tocqueville warned us of the dangers of paternalistic government in no uncertain terms. He visited America and was able to see the unique strengths and weaknesses of our Democratic system. He saw how much of our activity was controlled by the community, and the unique freedom that was possible in our country. While […]