Peter's Blog

Corporate Debt Could Make Next Recession “Difficult to Manage”

Bankers, investors and executives are increasingly worried about corporate debt,  according to a Reuters report. Specifically, the concerns center around “leveraged lending.” These are loans made to firms already deeply in debt. Think subprime loans for corporations. As the Reuters report put it, “the concern is that the loans would be difficult to either collect […]

Has the Auto Bubble Popped? GM Announces Plant Closures and Layoffs

Last week, we reported that it looks like the air is coming out of housing bubble 2.0. Now it appears the auto bubble may have also popped. Yesterday, GM announced plant closures and layoffs due to sluggish sales. The big automaker said it plans to shutter five North American factories and slash around 14,000 jobs. 

Peter Schiff: This Is a Bubble Deflating (Video)

Peter Schiff appeared on RT Boom Bust last week and reiterated he thinks we have entered a bear market. In fact, what we’re seeing now is a deflating bubble. 

Building Houses on Rotten Foundations: SchiffGold Friday Gold Wrap 11.16.18

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.

Gold: The Best House in a Bad Neighborhood

Generally, when the mainstream talks about gold, you get a negative spin. So, whenever I see anybody in the mainstream talking positively about the yellow metal, I sit up and take notice. Well, MarketWatch had some positive things to say about gold recently, calling it “the best house in bad neighborhood” for 2019.

Peter Schiff: Investors Are Playing Checkers Instead of Chess

Last week, we got data on the producer price index. It came in at o.6%, a much hotter number than expected. It was the biggest jump in the PPI in six years. Year-over-year, producer prices are up 2.8%. Analysts expected the monthly increase to come in at half that – 0.3%. While the Fed typically […]

Silver-Gold Ratio Hits Quarter-Century High

The silver-gold ratio hit the highest level in over a quarter century this week. The ratio hit to 86:1 as dollar strength pulled both the price of silver and gold lower this week after the Federal Reserve indicated it plans to keep pushing interest rates higher. The price of silver fell even more steeply than […]

Paper Gold Manipulation: It’s Your Dime Interview with Chris Powell

Central bankers and politicians actively intervene in the gold market. This may sound like a tin foil hat conspiracy theory, but there is plenty of evidence right out in the open. Chris Powell co-founded the  Gold Anti-Trust Action League (GATA) to expose the scheme. In this episode of It’s Your Dime, host Mike Maharrey and […]

The Blue Ripple: SchiffGold Friday Gold Wrap 11.09.18

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: Jobs Are Another Bubble About to Burst

October jobs numbers came out on Friday and everybody was all giddy about healthy growth. But in his most recent podcast, Peter Schiff said jobs are just another bubble about to burst.