Peter's Blog

How the Russia-Ukraine War Could Go Nuclear–By Accident

A nuclear tragedy could be “dangerously close,” according to the UN’s top nuclear watchdog. 

Peter Schiff: More Disastrous Rate Cuts on the Horizon

Peter’s back in Puerto Rico for this episode. He explains his theory behind the market’s bounce back last week, notes why last week’s panic bodes poorly for Bitcoin, and comments on two major political events— Kamala Harris’s VP pick and the “hate speech” clamp-down in the United Kingdom.

Federal Budget: Government Adds $662B of Debt in Three Months

Federal Budget The Federal Government publishes the spending and revenue numbers on a monthly basis. The charts and tables below give an in-depth review of the Federal Budget, showing where the money is coming from, where it is going to, and the surplus or deficit.

Central Banks Buy Gold As Lifeboat

While bankers claim inflation is under control, the rising price of gold signals deeper concerns. Meanwhile, central banks quietly hoard gold to shield themselves from their own expansionary policies. One must wonder: what are they bracing for?

Americans Grow Poorer: Misery Index Climbs

The US economy is struggling with rising unemployment, inflation, and declining purchasing power, fueling discontent among Americans. A critical choice looms: continue on the current path or shift to pro-growth policies.

The UK’s Ploy to Pull Their Gold From the Wastebasket

While the topic of conservation has grown in prominence over the past few decades, it sometimes takes forms that would not be commonly thought of as “conservation.” The British Government has melded a desire for conservation with the love of mammon, using recent scientific breakthroughs. Gold will be lost at a much slower rate, as […]

“The Enemy Waits:” Rocket Launch Wounds U.S. Personnel in Iraq

There’s been a “dangerous escalation” in the Middle East conflict, according to U.S. officials, who are left bandaging the wounded after a rocket detonated inside an Iraqi airbase.

Haywire Trading Platforms Sabotaged “Black Monday” Retail Dip Buyers

With Monday’s global market sell-off triggered by a panic in Japan, investors logged into their stock trading platforms to buy (or sell) the dip through institutions like Charles Schwab, Fidelity, TD Ameritrade, Vanguard, E-Trade, and Wells Fargo to buy the dip. But whether these retail traders were planning on panic selling or scooping up discounted […]

Flattening Yield Curve is the Calm Before the Storm

Americans are already struggling to feed their families and pay their bills, but having predicted every US recession since 1960, the flattening bond yield curve is speaking loud and clear that an “official” downturn is nearly inevitable. With bond prices on the rise as the Fed looks increasingly likely to cut rates in September, the […]

Shock Therapy: Reforming U.S. Energy

In an era of global uncertainty and volatile energy markets, the United States stands at a crossroads. Our nation’s energy policy has long been a patchwork of regulations, subsidies, and political compromises that have stifled innovation and hindered our path to true energy independence. It’s time for a bold new approach: unleashing the power of […]