Peter's Blog

Words Mean Things: SchiffGold Friday Gold Wrap April 1, 2022

When you change the definition of words, it can create confusion. This is exactly why politicians have worked so hard to change the definition of inflation. As a result, a lot of people are very confused. In this Friday Gold Wrap podcast, host Mike Maharrey explains how the meaning of inflation has changed and why […]

Yield Curve Inversions Flashing Recession Warning Signal

We’ve seen a number of inversions in the Treasury bond yield curve over the last couple of weeks. This is a recession warning signal. In his podcast, Peter Schiff said the markets are right about the looming recession. But they’re not getting the whole picture.

While Talking About Fighting Inflation, the Fed Continued to Expand Its Balance Sheet

Earlier this month, the Federal Reserve launched its first salvo against inflation, raising interest rates by a quarter-percent. It was a pretty weak shot given 7.9% CPI, but Jerome Powell and other Fed presidents ratcheted up the tough rhetoric last week. Powell raised the possibility of 50 basis-point rate hikes at future meetings and San […]

Can Jerome Powell Bully Inflation? SchiffGold Friday Gold Wrap March 25, 2021

The Fed threw a pretty weak first punch at inflation with a quarter-point interest rate hike last week. But Fed Chair Jerome Powell followed up with some tough talk this week. The question is what will he do when the economy punches him in the face? In this episode of the Friday Gold Wrap podcast, […]

Jerome Powell the Tough Guy?

Suddenly, Fed chair Jerome Powell is a tough guy. Is he though? Earlier this week, Powell delivered what Reuters called “his most muscular speech to date” on the battle against inflation.

Peter Schiff: This “Everything Is Great” Attitude Can’t Last Forever

Despite rising interest rates and more hawkish talk from Federal Reserve Chairman Jerome Powell, the stock markets keep pushing upward. Everybody seems to think the Fed has things under control and everything will be just fine. In his podcast, Peter explained why this “everything is great” attitude will have to come to an end.

Ron Paul: End the Fed and Get More Doritos

The Consumer Price Index hit a 40-year-high of 7.9% in February. Of course, it’s even worse than that. The official government numbers are rigged to understate rising prices. But inflation doesn’t just hit us with rising prices. In some cases, we pay more, but we get less. This is known as shrinkflation.

Peter Schiff: The Fed Will Raise Rates… Until It Can’t

After going from not even thinking about thinking about raising interest rates, to thinking about it, to talking about it, the Fed finally got around to raising rates last week. Peter Schiff called it the most anticipated and probably the least significant rate hike ever. So, what’s next? In his podcast, Peter said the Fed […]

Too Little Too Late: SchiffGold Friday Gold Wrap Podcast March 18, 2022

The Fed launched its much-anticipated war on inflation this week. It wasn’t much of a first strike. In this episode of the Friday Gold Wrap podcast, host Mike Maharrey talks about the Fed meeting and what might come next. He also touches on the possibility of a “petroyuan.”

Peter Schiff: The Most Anticipated and Least Significant Rate Hike Ever

The Federal Reserve wrapped up its March meeting, delivering a 25 basis-point interest rate hike in the face of a 7.9% CPI. Peter Schiff called it the most anticipated and probably the most meaningless rate hike in history.