Peter's Blog

Peter Schiff Potpourri: Oil, Bonds, Bitcoin, Tariffs and Guns

In his most recent podcast, Peter Schiff hit a number of subjects including oil prices, bond prices, Bitcoin, the dollar and tariffs. Peter said he thinks we’re seeing a lot of movement in a number of markets that are counter to the long-term trends. For instance, oil dropped late last week, but he expects it’s […]

US Treasury Sets First Quarter Borrowing Record

The US government has hit borrowing levels not seen since the peak of the financial crisis. The US Treasury’s net borrowing totaled $488 billion from January through March, according to a statement released Monday. That was $47 billion more than the department’s estimate. It was also a record for first quarter borrowing, according to Bloomberg.

“Bond King” Not Bullish on US Government Bonds; He’s Looking at Gold

He’s been dubbed the “Bond King,” but Jeffery Gundlach isn’t particularly bullish on bonds right now – at least not US government bonds. And he’s certainly not bullish on stocks. Gundlach has his eyes on gold. Gundlach heads DoubleLine Capital, overseeing some $119 billion in assets. During a speech at the 2018 Sohn Investment Conference last week, he said […]

Could Rising Interest Rates Crush Stock Market Dreams? SchiffGold Friday Gold Wrap 04.27.18

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: Why Own US Stocks?

Stock markets had another bad day Tuesday. The Dow Jones fell over 400 points as the 10-year Treasury yield broke through 3%. Several “marquee” companies warned of higher costs, including Google-parent Alphabet and Caterpillar. In his latest podcast, Peter Schiff said he thinks the correction is over. Not the downward move. That is not the […]

Peter Schiff: The Fed Is Like Mr. Magoo

Last week, Peter Schiff said we may well be in the calm before the economic storm. In his latest podcast, he said the storm may be on the horizon. But most people are still oblivious, including the Federal Reserve.

Ill Omens in the Bond Market? SchiffGold Friday Gold Wrap 04.20.18

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.

Troubling Signs in the Bond Market: Yield Curves Going Flat

There are some troubling signs for the economy in the bond market. Yield curves are going flat. On Wednesday, the yield curve from 5 to 30 year bonds flattened to as little as 29 basis points. That represents the narrowest spread since 2007. The yield curve between 2-year and 10-year Treasuries also narrowed, touching 41 […]

Peter Schiff: Enjoy the Calm Before the Storm

In his latest podcast, Peter Schiff said we are basically enjoying the calm before the storm right now. With the US missile strike in Syria, rumblings of a trade war and a generally weak dollar, gold briefly flirted with $1,365 last week. But the anticipation of Federal Reserve rate hikes continues to create strong headwinds […]

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.