Peter's Blog
Get the latest headlines, market analysis, and original content from SchiffGold.
Posts Tagged: “David Stockman“

Federal Reserve Debt Monetization: Financial Fraud on a Biblical Scale
Not too long ago, the national debt pushed above $30 trillion. Today, Uncle Sam is $30.26 trillion in the red. And he’s on the fast track toward $31 trillion. Today, most people don’t bat an eye at the national debt. But that wasn’t always the case. As David Stockman pointed out there was a great […]

Exclusive Weekly Email Updates
Peter Schiffs's Gold News
Categories

The Stock Market Is Completely Untethered From Economic Reality
We’ve been saying for months that the stock market has completely disconnected from economic reality. The markets have hit record highs despite the economic chaos caused by the government response to COVID-19. As Peter Schiff put it in a podcast back in May, the markets are on a Fed-induced sugar high. In a recent article, […]

David Stockman: We’re in the Mother of All Bond Bubbles
A couple of weeks ago, the yield on the 10-year Treasury fell below the yield on the 2-year for the first time in 12 years. This inversion of the yield sparked recession fears in the mainstream. But in an interview with Tom Woods on Contra Krugman, former Reagan administration Office of Budget Management Director David […]

Yo! Where’s the Inflation At? SchiffGold Friday Gold Wrap 04.26.19
The mainstream pundits and economists keep telling us inflation is “tame.” But is it really? Or are they just not looking in the right place? In this episode of the Friday Gold Wrap, host Mike Maharrey talks about inflation and how it factors into the bubble economy. He also covers the week’s activity in the […]

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.

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 […]

Stockman: US Fiscal Path Will Rattle the Rafters of the Casino
As we’ve reported, the US government is spending money like a drunken sailor. But nobody really seems to care. Since Nov. 8, the US national debt has risen $1 trillion. Meanwhile, the Russell 2000 (a small-cap stock market index) has risen by 30%. Former Reagan budget director David Stockman said this makes no sense in […]