Peter's Blog

Why Did COMEX and DXY Start Trading Together?

Gold suddenly appears momentarily correlated with the US Dollar Index (DXY). How can gold, a store of value and inflation hedge against dollar inflation, be following the price movements of the same inflationary currency it’s supposed to be protecting you from?

Monetary Malaise: Why Voter Dissatisfaction Won’t Trigger a Revolution in the Fed’s Policies

As the installation of President-elect Trump approaches, Trump loyalists are clamoring for him to fulfill his campaign promises, especially those related to tariffs and immigration reform. Trump also has an opportunity to radically reform and weaken the Federal Reserve, but it’s unlikely that he will take any meaningful action to curb the source of inflation.

Sound Money, Not Tariffs: The Key to Economic Prosperity

The American economy is under assault from two sides. With inflationary central banks seeking to undermine the dollar and protectionist populists looking to restrict free trade abroad, it’s crucial for the incoming Trump administration to fight for economic freedom on both fronts. The following article was originally published by the Mises Institute. The opinions expressed […]

Printing Power: How Central Banks Fuel State Dominance

This week marks the 111th anniversary of the creation of the Federal Reserve, an institution that has primarily served the interests of the political class and its cronies. With the power to print money continually expanding, it’s worth analyzing the phenomena of central banking throughout history. The following article was originally published by the Mises […]

Is the Fed Loosening, Tightening, or Both? The Policy Paradox Unfolds

For the last two years, the media and establishment political class have claimed Fed policy has been sufficiently restrictive to tame inflation. But with Jerome Powell’s recent admission that inflation is higher than it should be, it’s clear that the Fed has not been hawkish enough. The following article was originally published by the Mises […]

Schiff on Soar Financially: Time to Rip Off the Band-Aid

Last week, Peter joined Kai from the Soar Financially YouTube channel for an interview on the state of the economy, Federal Reserve policy, and the interplay between domestic politics, gold, and inflation. This interview is a great recap of the most important events of 2024, and Peter offers his perspective on what 2025 will hold […]

The Fed is Cutting. Why Are Mortgage Rates Going Up?

Powell is admitting that inflation is still too high, but the Fed still plans to cut interest rates by .25%. So why are mortgage rates going up?

Schiff on Fox Business: Powell Admits Inflation is Up

On Wednesday, after the Fed’s 25 basis point rate reduction was announced, Peter appeared on Fox Business to give his initial analysis of the policy move. Peter starts the interview by criticizing Jerome Powell’s messaging, pointing out that Powell is overstating how hawkish he’s been on inflation.

Episode 1000 of the Peter Schiff Show: Powell Tanks the Market

On the special 1000th episode of the Peter Schiff Show, Peter tackles another week of economic data and, most importantly, the December FOMC meeting, in which another 25 basis point rate cut was announced. Peter spends the bulk of this episode discussing new ramifications for monetary policy and domestic politics, and he offers his analysis […]

CPI: Shelter Prices are Rising 4.7% YoY

This analysis takes the BLS inflation data and recalculates the percentage changes at the category level to get unrounded numbers. The total number ties to the BLS, but it gives more detail at the granular level.