Peter's Blog

Ask Mike Anything: SchiffGold Friday Gold Wrap Jan. 6, 2023

You have questions. Friday Gold Wrap host Mike Maharrey has answers. In this episode of the podcast, Mike answers questions submitted by listeners. He covers topics ranging from the American Silver Eagle shortage to the best states for sound money.

Rising Interest Rates on a Collision Course With a Wall of Debt

Jerome Powell still insists the Federal Reserve can beat inflation while bringing the economy to a “soft landing.” But there are underlying issues in the economy that make it extraordinarily doubtful that the economy can avoid a major downturn – despite Powell’s claims to the contrary. One of the biggest problems facing the Fed is […]

Ron Paul: The Mother of All Economic Crises on the Horizon

For the last several years, we’ve enjoyed the fruits of an economic bubble blown up by easy money and debt. But ultimately, that debt is going to be the economy’s undoing. Simply put, these debt levels are unsustainable without runaway inflation. So, pick your poison.

The Fed Can’t Win: SchiffGold Friday Gold Wrap Dec. 30, 2022

The Federal Reserve is trying to win a war against price inflation without tipping the economy into a recession. In this episode of the Friday Gold Wrap, host Mike Maharrey highlights two more reasons this is a game the Fed can’t win. He also does a quick overview of the gold market in 2022 as […]

Slow Pace of Balance Sheet Reduction Calls Into Question Fed’s Commitment to Inflation Fight

Most people have focused on Federal Reserve interest rate cuts as it battles price inflation. But there is another element in the inflation fight most people ignore – balance sheet reduction. It isn’t going well.

The Cost of Easy Money Is Now Coming Due

Since 2008, we have been in an era of unprecedented money printing and interest rate suppression. Now the cost of all of that easy money is coming due.

Fed’s Favorite Price Inflation Measure Comes in Slightly Hotter Than Expected

The Federal Reserve’s favorite inflation indicator came in slightly higher than expected for November. This is another indication that while price inflation appears to be easing some, the data indicates it is far from whipped.

Big Spending Bill Is a Big Problem for the Fed’s Inflation Fight

Just before Christmas, Congress passed a massive omnibus spending bill. This is yet another blow to the Federal Reserve’s feckless fight against inflation.

Peter Schiff: I’m Even More Bullish on Gold Now!

Peter Schiff recently appeared on Kitco News and chatted with anchor David Lin. Peter gave his outlook for inflation, stocks, and gold in 2023. Peter said we had better get prepared for an inflationary depression. He also emphasized that he is very bullish on gold in the year ahead.

Crying Wolf? SchiffGold Friday Gold Wrap Dec. 23, 2022

Are the people who are predicting a big economic crash right? Or are they just crying wolf? In this episode of the Friday Gold Wrap podcast, host Mike Maharrey explains why it’s hard to predict the exact timing of a crash even if you’re certain it’s on the horizon. He also talks about a couple […]