Peter's Blog

Ron Paul: Bank Failures a Sign of More Trouble Ahead

After the Federal Reserve raised interest rates another 25 basis points, Fed Chairman Jerome Powell assured everybody that the collapse of SVB and Signature Bank “are not weaknesses that are at all broadly through the banking system.” That raises a question: if that’s true, why did the Fed bail out the entire banking system? The […]

The Federal Reserve Is Walking a Tightrope in a Hurricane

The Federal Reserve is trying to walk a tightrope — in a hurricane. After rate hikes resulted in the collapse of Silicon Valley Bank and Signature Bank, the Federal Reserve and the US Treasury stepped in with a bailout. With that hole in the dam seemingly plugged for the time being, the Fed pushed forward and […]

Peter Schiff: More Bailouts Are Coming Down the Pike

The dust continues to settle after the failure of Silicon Valley Bank and Signature Bank, and the ensuing government bailout. Many people in the mainstream seem to think the crisis has passed. But a closer look at the condition of the banking system reveals these two banks were just the tip of the iceberg. Peter […]

Banks, Bailouts and Bad Bets! A Metal Exchange Discussion

In this episode of Metal Exchange, host Mike Maharrey chats with SchiffGold analyst Tony about the recent bank failures, the bailouts, the reaction of the markets and what might happen next. They conclude that if you’re betting that the Federal Reserve has everything under control, that’s probably a bad bet!

SVB and Signature Bank Were Just the Tip of the Iceberg

The demise of Silicon Valley Bank and Signature Bank was just the tip of the iceberg. As it turns out, hundreds of banks are at risk. This explains why the Federal Reserve and US Treasury rushed to provide what is effectively a bailout for the entire banking system. In the first week, the Federal Reserve […]

Peter Schiff: Investors Will Bid Up Gold When They Realize Inflation Is Winning

Peter appeared on Fox Business Claman Countdown to talk about the recent bank failures and the ensuing government bailouts. During the interview, they discussed how to invest in the current environment. Peter said that right now, gold is undervalued, but investors will bid up the price much higher when they come to terms with the […]

Fed Adds Nearly $300 Billion to Balance Sheet in One Week With Bank Bailouts

The Federal Reserve added nearly $300 billion to its balance sheet in a single week as it kicked off its loan bailout program for banks. In effect, the Fed loaned troubled banks $300 billion of new money that was created out of thin air. In other words, we got $300 billion in inflation in a […]

Peter Schiff: Americans Will Pay for These Bank Bailouts

Peter Schiff appeared on the Capitol Report on NTD News to talk about the bank bailouts and the possible ramifications. He said that no matter what President Joe Biden and others tell you, Americans are going to pay for this. The interview started with a clip of Treasury Secretary Janet Yellen assuring Congress that the […]

A Crack in the Dam: SchiffGold Friday Gold Wrap March 17, 2023

Friday gold wrap host Mike Maharrey has been saying something is going to break in the economy for months due to the Federal Reserve’s monetary tightening to fight price inflation. Last Friday, something broke when Silicon Valley Bank collapsed followed quickly by the demise of Signature Bank. It was the first crack in the dam. […]

If It Looks Like a Bailout and Walks Like a Bailout It’s Probably a Bailout

As the old saying goes, if it looks like a duck, walks like a duck, and quacks like a duck, it’s probably a duck. Well, if it looks like a bailout, walks like a bailout, and talks like a bailout, it’s probably a bailout.