Peter's Blog

In a recent appearance on the Wealth Building Blueprint, Peter goes wide on the gold and silver setup and the macro limits of policy in this episode, arguing that everything from central banks to retail investors will be forced to take notice of the metals’ recent price action. He traces the last cycle, explains why […]

Whether for nations, businesses, or consumers, debt is highly marketed and highly utilized. While debt is a core driver of business success, the extent to which it is used is actually extremely harmful and is a market inefficiency driven by government incentives. The choice to embrace debt made by almost every modern nation has trickle-down […]

Last week, Peter joined David Lin to discuss recent action in markets and politics. He starts by explaining why the global rush into gold is not a speculative fad but a structural shift in the monetary system. He then lays out the market evidence, the historical context, and the fiscal realities that, in his view, […]

Silver has been long-maligned as the “poor man’s gold,” but history shows that when it runs, it often outperforms gold by multiples. In fact, silver has delivered some of the most dramatic bull markets in modern financial history. As we watch silver gather momentum in the current cycle, it’s worth looking back at previous silver […]

On his recent appearance on The Macroscopic Podcast, Peter lays out a constitutional case for sound money and connects it to current policy choices that he says are wrecking the dollar. He walks through the legal foundation for gold and silver, criticizes the Trump administration’s mix of tariffs and debt-driven policy, and warns that global […]

Free-marketers are quick (and correct) to blame the Fed for America’s monetary troubles. But as bad as the Federal Reserve is, other countries, like Portugal, have corrupt central banks that rival the Fed in its corporatism, inflationism, and irresponsibility. The following article was originally published by the Mises Institute. The opinions expressed do not necessarily […]

Along with Trump, market watchers are salivating for rate cuts. But rates should be higher, not lower—and in a free market, they would be. In a free market, interest rates are determined by the supply and demand for credit. Savers provide capital (supply) while borrowers like businesses, consumers, and governments create demand. Rates would reflect […]

Shortly after yesterday’s FOMC announcement, Peter went live to unpack its aftermath. He criticizes the Federal Reserve’s decision to hold rates steady, offers insight into Jerome Powell’s press conference remarks, and skewers the notion that the Fed remains “apolitical.” Peter also addresses President Trump’s evolving commentary on oil prices and interest rate cuts as 2025’s […]

History is replete with examples of major recessions that were ostensibly caused by mere asset bubbles, like subprime mortgages in 2008. The truth, however, is not so simple. In reality, these downturns are exacerbated and often triggered by disastrous government policy, namely excessive spending and the creation of perverse incentives.

For the last two years, the media and establishment political class have claimed Fed policy has been sufficiently restrictive to tame inflation. But with Jerome Powell’s recent admission that inflation is higher than it should be, it’s clear that the Fed has not been hawkish enough. The following article was originally published by the Mises […]