Peter's Blog

Ol’ Joe Takes the Wheel: SchiffGold Friday Gold Wrap Jan. 22, 2021

Joe Biden took the country’s wheel on Wednesday. For some, it was a day of celebration. And for some, it was a day of mourning, depending on your political perspective. But what is really in store for us in the Biden years? In this episode of the Friday Gold Wrap podcast, host Mike Maharrey considers […]

Peter Schiff: Veto Everything!

Peter Schiff recently did an interview with David Lin on Kitco news. Peter talked about the devaluing dollar, the stock market bubble, his investment strategy, the trajectory of the global economy, and finally, what he would do if he was president of the United States. In a nutshell, Peter said he would veto everything.

Spend! Spend! Spend! SchiffGold Friday Gold Wrap Jan. 15, 2021

The US government ran the biggest December deficit in history last month and there is no end in sight to the borrowing and spending. President Biden unveiled a new $1.9 trillion stimulus plan this week. So what? Why does it matter? Can’t this “rescue the economy?” Host Mike Maharrey talks about all of the spending […]

Peter Schiff: Commodity Boom Isn’t About Economic Growth; It’s About Inflation

Commodities are booming. A lot of people seem to think this is a sign of pending economic growth. But in his podcast, Peter Schiff said it’s really a sign of inflation. Most of the investment world continues to focus on the stock market and they’re not really paying attention to what going on in the […]

Russia Holds More Gold Than Dollars for First Time in History

For the first time ever, Russia holds more gold than US dollars. According to a Central Bank of Russia report published this week and analyzed by Bloomberg, gold made up 23% of the Central Bank of Russia’s reserves as of the end of June. The bank’s share of dollar assets dropped to 22%. In 2018, […]

Peter Schiff: We Don’t Get Any Government for Free

Last September, Peter Schiff warned during an interview on RT Crosstalk about the devaluation of the dollar. Everybody in America is going to be impoverished to a degree by these failed policies.” Peter recently appeared on the Chris Salcedo Show on NewsMax to talk more about government spending, inflation, and the weakening dollar.

America’s Dysfunctional Economy: Peter Schiff on Lions of Liberty

Peter Schiff appeared on the Lions of Liberty podcast with Marc Clair to look back at the Trump economy and ahead to what the Biden years might bring. Along the way, Peter and Marc talk about the stock market bubble, Peter’s move to Puerto Rico, the looming dollar collapse, and bitcoin.

Gold and Silver Chart Best Year in a Decade

The year 2020 will not go down as a banner year, but it was fantastic for gold and silver. Both metals charted their best years since 2010. On New Year’s Eve 2019, gold was trading at $1520.90. It closed the year at $1892.90 for a 24.5% gain.

Peter Schiff: Will 2021 Be the Year the Chickens Come Home to Roost?

There aren’t many people sad to see 2020 in the rearview mirror. But there’s no guarantee that 2021 is going to be any better. In his podcast final podcast of 2020, Peter Schiff said that hopefully, the upcoming year will be better healthwise in terms of COVID-19, but economically, this could be the year the […]

Peace Out 2020! SchiffGold Friday Gold Wrap Dec. 31, 2020

The year 2020 is coming to a merciful end. As it was with pretty much everything, it was a nutty year for the economy and the precious metals markets. We all hope 2021 will be better, but it seems unlikely that it will be any less nutty. In this special Thursday episode of the Friday […]