Peter's Blog

In his latest podcast from Wednesday night, Peter addresses the renewed buzz surrounding Elon Musk’s Department of Government Efficiency (DOGE). Peter argues that no matter how many cuts are made, the government’s nature ensures that fraud and abuse will persist. Without market forces exerting pressure on bureaucrats, the state has to reason to spend and […]

This week Peter appeared on the Palisades Gold Radio YouTube channel for an interview with host Tom Bodrovics. The duo cover a variety of topics, ranging from the definition of inflation and modern equity markets to economic developments in China and disruptions in the yen carry trade. For more of Peter’s analysis, check out his […]

Mounting economic uncertainties and persistent inflation are sending shockwaves through the global market, triggering a surge in demand for precious metals. As investors are seeking a safe haven, gold and silver are experiencing skyrocketing demand, leading to significant shifts in national reserves and logistical challenges in the precious metals market. 

On Monday night, Peter went live on X Spaces to discuss both Bitcoin and gold’s recent price action and interact with his followers in a Q&A. He dissects the current state of the global economy, lambasts retail investors and Wall Street, and paints a dire picture of fiscal mismanagement. 

Powell is admitting that inflation is still too high, but the Fed still plans to cut interest rates by .25%. So why are mortgage rates going up?

With soaring deficits, soaring debt, and interest payments that can only be made by issuing a debt-based currency on which even more interest will be due, the USD can only possibly be described as an elaborate nation-state level bankster Ponzi scheme. 

“No” is Boeing’s final word to union workers, who say they plan to remain off work for the “long haul” after the company walked away from the negotiating table.

On Wednesday night, Peter took to his podcast to analyze the Fed’s 50 basis point rate cut. He discusses the Fed’s motives in cutting interest rates, why the move is another mistake in a long sequence of policy errors, and also points out the irony in campaign rhetoric surrounding price controls. Make sure you also […]

Biden’s decision to quit his the campaign leaves the nation in a state of deep economic uncertainty.

An article in yesterday’s Washington Post assured readers that no matter who wins the 2024 US presidential election, we can count on massive expansion of the national debt to be among the common denominators. The article looked at a recent report from the Committee for a Responsible Federal Budget, or CRFB, analyzing the debt increases […]