Peter's Blog

Jobs: Every Jobs Report in 2025 has Been Revised Lower

The analysis below covers the Employment picture released on the first Friday of every month. While most of the attention goes to the Headline Report, it can be helpful to look at the details, revisions, and other reports to get a better gauge of what is really going on. Current Trends The jobs report showed […]

Will the Silver Boom Raise the Price of Tech?

Silver is booming. So, is Elon Musk right that the industrial need for silver will reveal that recent price action is only a bubble?  Or will the rise continue, raising the price of technology in the process? One of the downstream effects of higher silver prices could certainly be higher prices for other goods that […]

Why Home Prices Are High by Design: Government Policy, Not the Market

With the Fed’s recent policy decisions set to increase inflation yet again, rising prices will continue to ravage the economy and the housing sector in particular. Before housing prices rise further, it’s worth examining how high home prices are the deliberate and intentional result of government policy and the special interest groups that lobby for […]

CPI Inflation Cools Amid Falling Oil Prices and Slowing Rents

With the CPI coming in at 2.7% last week– lower than the expected 3.1% – markets rallied at the hope that inflation is being tamed. 2.7% is still nearly a full point higher than the Fed’s 2.0% goal, and this hope is misplaced: the Fed’s latest cuts will only drive inflation higher. The following article […]

Schiff w/ La Roche: 1970s Stagflation is Calling

Peter recently appeared on The Julia La Roche show, addressing a broad audience about why he sees trouble ahead for the U.S. economy and what that means for savers. He covers the loss of confidence in the dollar, the role of the Federal Reserve as buyer of last resort, the political danger of tariffs, and […]

Schiff w/ Diesen: Trump Isn’t Fixing Inflation

Glenn Diesen recently interviewed Peter to discuss the latest political happenings and President Trump’s public criticism of Peter on Truth Social. Peter lays out why Trumponomics, as practiced today, looks a lot like the very policies that caused trouble under the prior administration: big deficits, easy money, and a reliance on the Fed to inflate […]

Schiff on Kitco News: The Fed Will Print More  

Last week, Peter joined Kitco News to take stock of the Federal Reserve’s stealth return to quantitative easing and what it means for inflation, the dollar, and precious metals. He walks through why short-term Treasury purchases are no different in effect from longer-term QE, why the Fed will likely have to expand its interventions, and […]

The Fed’s “Sick Design”: How Post-2008 Policy Supercharged the Cantillon Effect

With the Fed cutting rates this month, free-market economists stand alone again in their condemnation of inflationary monetary policy. Despite recent years of high inflation, most economists still don’t appreciate the sinister and destructive effect inflation has on the economy, even in small amounts. The following article was originally published by the Mises Institute. The […]

Schiff on Commodity Culture: Silver and Gold Are Poised to Soar

Peter joined the Commodity Culture podcast on Friday to walk through recent moves in precious metals and explain why he thinks inflationary pressure is returning to the market. He ties silver and gold action to what he calls a de facto return to quantitative easing, warns that politicized central banking will make matters worse, and […]

Schiff on Palisades Gold Radio: Fed Returns to QE While Metals Climb

Last week, Peter joined Palisades Gold Radio to argue that the recent Fed moves mark a return to balance-sheet expansion and that the implications for bonds, the dollar, and precious metals are profound. He walks listeners through the mechanics of what the Fed is doing, the risks of yield-curve pressure, why he thinks the current […]