Peter's Blog

Peter Schiff: Fed Capitulation Is Just the First Piece of the Puzzle

Stocks got a boost on Friday and gold rose 1.8% on further signs that the Federal Reserve is capitulating. An article in the Wall Street Journal basically confirmed the Fed is now thinking about winding down its quantitative tightening program. As a CNBC headline put it, “The Fed may be moving closer to ending its […]

The Government’s Closed! But Is It? SchiffGold Friday Gold Wrap 01.25.19

The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week’s precious metals news coupled with thoughtful analysis. You can subscribe to the podcast on iTunes.

Peter Schiff: A Lot More People Should Be Looking at Gold (Video)

Peter Schiff recently sat down with Daniela Cambone on Kitco News and talked about gold, the phony government shutdown, and his track record on economic forecasting.

Existing Home Sales Plunge; Biggest Year-on-Year Drop Since 2011

Here’s another sign that the air is coming out of housing bubble 2.0. Existing home sales fell 10.3% year-on-year in December. Sales, including single-family houses, townhouses, condos, and co-ops, dropped to a seasonally adjusted annual rate of 4.99 million homes, according to the National Association of Realtors. This ranks as the biggest year-over-year drop since May […]

Peter Schiff: The Recession Is a Done Deal

US stock markets had a strong week last week. The Dow Jones capped it off gaining more than 300 points on Friday. Optimism about a trade deal with China along with increasing expectations that the Federal Reserve will slow the pace of interest rate hikes buoyed the markets. This has led many pundits to declare […]

To All You Scoffers: Friday Gold Wrap 01.18.19

The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week’s precious metals news coupled with thoughtful analysis. You can subscribe to the podcast on iTunes.

Peter Schiff: The Eye of the Financial Hurricane

Stock markets appear to have stabilized after a “December to remember.” But in his most recent podcast, Peter Schiff said we’re really just in the eye of a financial hurricane. The selloff began after the September Fed rate hike. At the time, Peter called it the hike that broke the camel’s back. The market plunged in […]

What’s Up With Fed Chair Jerome Powell? Friday Gold Wrap 1.11.19

The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week’s precious metals news coupled with thoughtful analysis. You can subscribe to the podcast on iTunes.

Is the “Powell Put” In?

The Federal Reserve released minutes from the December Federal Open Market Committee meeting on Wednesday and it looks like the “Powell Put” might be in. The minutes revealed a much more dovish sounding Fed as we move into 2019. Members of the FOMC indicated they could be “patient” with future rate hikes and said the […]

Peter Schiff: This Is the Beginning of a Much Bigger Crisis (Video)

Wall Street has been on a roller coaster ride over the last few months. If you listen to the pundits on the financial networks, you’ll hear the word “volatile” used over and over again. That word certainly seems to describe the current state of US stock markets and in a broader sense the economy. But […]