Peter's Blog

Janet “There Won’t Be Another Financial Crisis in Our Lifetime” Yellen Worried About Another Crisis

Remember back when Janet Yellen was heading up the Federal Reserve and she claimed there won’t be another financial crisis “in our lifetime?” You don’t have to think back too far. It was just about 18 months ago. Tuesday, June 27, 2017, to be precise. But now that Yellen has vacated the Eccles building and taken […]

Trade War Tomfoolery: SchiffGold Friday Gold Wrap 12.07.18

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: Look Beyond the Trade War (Video)

Peter Schiff appeared on RT Boom Bust earlier this week to talk about the trade war “truce” between the US and China. The announcement that there was some progress in resolving the trade war during the G20 summit boosted stock markets on Monday (the day this segment was aired), but that lasted all of one […]

Peter Schiff: Nobody Wants to Deal With the Truth

The stock market got a nice bump on Monday with the news that there was a “truce” in the trade war. That lasted all of one day. The markets tanked on Tuesday as investors realized the “truce” really didn’t mean anything. The Dow Jones plunged 799 points, a 3.1% drop. The S&P 500 declined 3.2%, […]

The Everything Bubble Is Going to Pop

We talk a lot about bubbles in the economy. Over the last few weeks, we’ve discussed the stock market bubble, the housing bubble, the auto bubble and the debt bubble. Nick Giambruno simplifies things in an article he recently wrote for the International Man. He just calls it the “everything bubble.” And he says it will […]

The Mainstream Has Turned Bullish on Gold; Jim Grant Has Better Reasons Why You Should

After Federal Reserve Chair Jerome Powell released a dovish trial balloon last week, hinting we could be close to an end of the interest rate tightening cycle, the mainstream has suddenly turned bullish on gold. A recent Bloomberg article proclaimed, “Gold may be poised to rally as speculation mounts that the Federal Reserve will hit the […]

The Powell Put: SchiffGold Friday Gold Wrap 11.30.18

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.

The Fed’s Crazy Game of Chicken

As Peter Schiff put it in his most recent podcast, Jerome Powell blinked. In a surprising about-face, the Federal Reserve Chair hinted that interest rates are “just below” neutral, leading to speculation that the central bank might be close to ending its tightening cycle.  Peter said the Fed has basically been playing a game of chicken […]

Fed Chair Releases Dovish Trial Balloon; Says Interest Rates Are Close to “Neutral”

Stocks rallied and the price of gold got a bounce after Federal Reserve Chair Jerome Powell released a dovish trial balloon on Wednesday. During a speech at the Economic Club of New York, Powell seemed to indicate interest rates are “just below the broad range of estimates of the level that would be neutral for […]

Pop Goes the Auto Bubble: It’s Your Dime Special

In this special episode of It’s Your Dime, Mike Maharrey switches roles and becomes the interviewee. Mike recently appeared on Inside the News with Paul Jensen and Suzanne Sherman on K-TALK AM1640 in Utah to talk about the popping of the auto bubble and more generally how the Federal Reserve has set us up for […]