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

Treasury Binges in October, Adding Almost Half a Trillion in Debt
After all the drama, Congress finally did what everyone knew it would do. It raised the debt ceiling by $480 billion in October. The Treasury wasted no time and quickly added $480 billion to the national debt in the second half of the month. With this new debt tagged on, if the Fed has to […]

Peter Schiff: The Debt Ceiling Is Really a Debt Floor
We have a temporary truce in the debt ceiling fight. On Thursday, President Biden signed a bill increasing the federal debt limit by $480 billion. But this isn’t an end to the debt ceiling fight. Congress just kicked the can down the road. The increase is only expected to keep the US government solvent until […]

A Lack of Self-Reflection: SchiffGold Friday Gold Wrap Oct. 8, 2021
Inflation continues to run hot. Even some of the folks over at the Fed are having a hard time peddling the “transitory” inflation narrative. But politicians and government officials lack the skill of self-reflection. As a result, they can’t clearly see the problem. In this episode of the Friday Gold Wrap, host Mike Maharrey looks […]

Did The Treasury Raid $250 Billion from Government Retirement Accounts (Again)?
The Treasury bumped up against the debt ceiling at the end of July. Since then, it has been using “extraordinary measures” to allow the Government to keep hemorrhaging cash without having to increase the debt ceiling. The chart below shows the month-over-month change in debt for August equal to $0. Despite zero net change, there […]

Political Theater: SchiffGold Friday Gold Wrap July 23, 2021
Pop some popcorn. It’s time for some political theater. Congress is gearing up for another debt ceiling fight. In this episode of the Friday Gold Wrap podcast, host Mike Maharey gives you a preview of the next big Washington DC blockbuster production, complete with some debt ceiling history and an explanation as to why we […]

Brace Yourself for Another “Debt Ceiling” Fight
Here we go again. The clock is ticking down to another US debt ceiling battle.