Peter's Blog

Stock Market Bears and Gold Bulls: SchiffGold Friday Gold Wrap 03.30.18

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.

Tom Woods Ponders What’s Really Wrong with the Federal Reserve

The Federal Reserve manipulates interest rates, creates money out of thin air, blows up asset bubbles and generally wreaks havoc on the economy. But some people have found an even more insidious problem with the Fed. It’s not “diverse” enough. Historian Tom Woods offered up some pretty sharp observations about this latest “outrage” in a […]

Peter Schiff: This Market Is Looking Like, Walking Like and Quacking Like a Bear Market.

Stocks rebounded Monday after their precipitous fall late last week. The Dow Jones rose 669 points. Then on Tuesday, it tanked again, falling over 300 points. In his latest podcast, Peter Schiff said the increase in stock market volatility is another sign things are different. He reiterated what he said last Friday. He thinks we are […]

Debt & Rising Interest Rates – Dynamite & Blasting Caps: SchiffGold Friday Gold Wrap 03.23.18

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.

What Do Fed Rate Hikes Mean to Me?

The Federal Reserve bumped up interest rates another 25 basis points this week. The target federal funds rate now stands at 1.75%. “Well, OK,” you might be thinking. “But this is just a bunch of wonkish policy stuff. What’s it to me?” In a nutshell, it means your debt is going to cost you more. […]

Peter Schiff: Jerome Powell Engaging in “Open-Mouth” Operations

The Federal Reserve followed its script yesterday and raised interest rates another 25 basis points. But the central bankers did surprise some people by hinting at just two more hikes this year. Analysts have been fixated on the possibility of four 2018 rate increases. The Fed’s slightly more dovish tone on rate hikes sent gold […]

New Wyoming Legal Tender Law Recognizes Gold and Silver as Money

Gold and silver are money. But most governments treat precious metals like a commodity. They don’t accept it as payment. Worse than that, they tax it. Think about the absurdity of this policy. You don’t tax money! Fortunately, we’re beginning to see a shift. Many states are repealing taxes on gold and silver, and treating […]

Could the Fed Go Dovish?

The Federal Reserve opens its March Open Market Committee meeting today. Most analysts say there is a 100% chance for a rate hike during this go-round. Overall, there is a decidedly hawkish attitude when it comes to the Fed. The real debate right now revolves around whether the central bank will hike three or four times […]

The Fed Is Limited in How Much It Can Tighten: Here’s Why

The Federal Reserve claims to be tightening. According to the conventional wisdom, the Fed will raise interest rates at least three times in 2018 – maybe even four. And last fall, the central bank announced its plan to begin shrinking its balance sheet. But have you actually looked at the Fed’s balance sheet? Dan Kurz […]

The Retail Apocalypse Cometh

Could we be on the verge of a retail apocalypse? February marked the third straight month of declining retail sales. Analysts had not expected another drop, but they got one nonetheless. Sales fell 0.1% in February. Analysts had expected an uptick of 0.3%. This is not good news for a retail sector that is already teetering on […]