Peter's Blog

David Stockman: Free Money Is the Profound Enemy of Free Markets

Jim Grant recently interviewed former Ronald Reagan Officer of Budget and Management David Stockman on his Grant’s Interest Rate Observer podcast. Their conclusion? America is broke. And central bank free money broke it.

Peter Schiff: In a Bear Market, All News Is Bad News

After rallying on Friday, stocks tanked on Monday, dropping over 450 points. In fact, it was the worst first day of the second quarter since the Great Depression. Most analysts blamed the plunge on the escalating trade war, but Peter Schiff has a different take. He said it was just another bad day in a bear […]

Rising Financial Stress for Consumers Could Spark Gold Rally

Expectations that the Fed will continue and perhaps even quicken the pace of interest rates hikes have created headwinds for gold. But there another side to the rising interest rate phenomenon that a lot of people in the mainstream seem to be missing. According to a recent Bloomberg report, the prospect of a higher interest […]

The Fed Is Limited in How Much It Can Tighten: Here’s Why

The Federal Reserve claims to be tightening. According to the conventional wisdom, the Fed will raise interest rates at least three times in 2018 – maybe even four. And last fall, the central bank announced its plan to begin shrinking its balance sheet. But have you actually looked at the Fed’s balance sheet? Dan Kurz […]

Focus on Fundamentals: SchiffGold Friday Gold Wrap 03.09.18

The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week’s precious metals news coupled with thoughtful analysis. You can subscribe to the podcast on iTunes.

China and Japan’s Nuclear Option in the Pending Trade War

China, Japan and some other countries have a nuclear option they could use in the pending trade war. If deployed, it could serve as the pin that pops the stock market bubble. At the same time, it could put the US government in a nasty spot as it tries to fund its profligate spending and upward […]

Stockman: Wall Street’s Disconnect from Main Street Is Unsustainable

In a podcast last week, Peter Schiff said rookie Federal Reserve chair Jerome Powell couldn’t be more wrong about the economy. He sees smooth sailing ahead. Peter sees a storm. Former Reagan Office of Budget Management director David Stockman made a similar observation in a column last week. What’s ahead is tumult, not smooth. That’s because […]

Gold and Silver on Sale: SchiffGold Friday Gold Wrap 02:23:18

The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week’s precious metals news coupled with thoughtful analysis. You can subscribe to the podcast on iTunes.

Peter Schiff: Gold Is Going to Go Ballistic (Video)

Ten-year Treasury yields flirted with 3% this week, hitting a four-year high of 2.95. Does the Treasury yield hold the leash of the stock market? Peter Schiff talked about it in an interview with Liz Claman on Fox Business, saying the Fed has kept rates artificially low for years, but given current conditions, it’s inevitable […]

Analysis: Where Bonds Go, Stocks Will Follow and They’re Going Down

During a podcast last month, Peter Schiff asked a key question: who is going to buy all of the debt necessary to finance the ballooning US deficit? In his most recent analysis, Dan Kurtz at DK Analytics explores this question more in-depth and comes to generally the same conclusion. The dollar has lost more than […]