Peter's Blog

Peter Schiff and Tucker Carlson: The Financial Crisis Will Be Worse Than the Pandemic

Consumer Price Index (CPI) data for April came in much hotter than expected. Year-on-year, inflation is up 4.2%. The big number even prompted Federal Reserve Vice Chairman Richard Clarida to say, “We were surprised by higher than expected inflation data.” Peter Schiff appeared on Tucker Carlson’s show to talk about the consequences of more printed money […]

Surprise! Not! SchiffGold Friday Gold Wrap May 14, 2021

CPI came in much hotter than expected. Fed Vice Chairman Richard Clarida actually said, “We were surprised by higher than expected inflation data.” But should we really be surprised by this? In this episode, Friday Gold Wrap host Mike Maharrey talks about inflation and suggests maybe you shouldn’t be shocked. He also discusses the whacked-out […]

Another Month, Another Huge Budget Deficit

The US government ran another huge budget deficit in April. The shortfall came in at $225.58 billion, running the total budget deficit through the first seven months of fiscal 2021 to a record $1.9 trillion, according to the Treasury Department’s Monthly Treasury Statement. That compares with a $1.5 trillion deficit through the first seven months […]

Job Openings Hit Record High as Unemployment Persists

America’s labor market is a mess and riddled with incongruency. On the one hand, businesses can’t find workers. Help wanted signs hang in windows across the country. A McDonald’s franchisee in Tampa is offering bonuses just for showing up for an interview. Meanwhile, unemployment just ticked up to 6.1%. In what kind of world does […]

Yellin’ at Yellen: SchiffGold Friday Gold Wrap May 7, 2021

Treasury Secretary Janet Yellen did a big flip-flop this week. Her comments and her subsequent attempt to walk them back were telling. She accidentally revealed the ugly truth about inflation and the central bank’s ability to deal with it. In this episode of the Friday Gold Wrap, host Mike Maharrey takes Yellen to task. He […]

Peter Schiff: The Fed Can’t Tell the Truth About Inflation

Inflation is the word of the day. We’ve been talking about inflation for months, but now the mainstream is starting to pay attention to rising prices. In corporate board rooms, board members are talking about passing along their increased costs to their customers. Consumers are trying to tighten budgets. But the Federal Reserve keeps telling […]

Peter Schiff: CPI Is a Lie!

We’ve been talking a lot about the specter of inflation. Despite the Fed’s assurances not to worry because any price increases we’re seeing are transitory, some people are indeed worried. A former JP Morgan managing director warned about inflation and echoed Peter Schiff’s view that the central bank is powerless to fight it. And we’re […]

The War Against Your Wealth: Interview With Investor and Author E.B. Tucker

What is the government doing to your money? And how can you protect yourself? These are key questions facing every American today. In this interview, Friday Gold Wrap Podcast host Mike Maharrey tries to dig out some answers with investment veteran and author E.B. Tucker.

Peter Schiff: The Fed Cheats to Avoid Getting an ‘F’ on the Economy

A lot of the economic data that came out last week looked pretty good. GDP growth came in big in the first quarter. Personal income rose by a record amount in March. The mainstream spun it all as positive, raving as if the economy is earning an ‘A.’ But in his podcast, Peter Schiff argues […]

This Economy Is Jacked Up! SchiffGold Friday Gold Wrap April 20, 2021

There was a lot of news and economic data that came out this week. The Fed held its April meeting. President Biden unveiled yet another tax and spend plan. And the Q1 GDP numbers came out. In this episode of the Friday Gold Wrap, host Mike Maharrey gives an overview of the week’s news and […]