Peter's Blog

UBS recently increased its March 2026 gold forecast by $100 to $3600. As much as regulatory entities try to make gold take a back seat, everyone else seems to recognize its huge value added to any investment portfolio. The continuing acceleration of the Dollar’s decline is a huge factor in the UBS gold increase projection. […]

This summer has not been pretty for the government’s balance sheet. As many Republicans before him, the Trump administration is spending way too much money, and new debt numbers prove it. The following article was originally published by the Mises Institute. The opinions expressed do not necessarily reflect those of Peter Schiff or SchiffGold. During […]

Current Trends The government hit the debt ceiling back in January and has been pursuing extraordinary measures since. This usually means dipping into things like Civil Service Retirement funds to free up cash and avoid borrowing any more money. As the chart below shows, the debt balance has been pretty much net neutral for the […]

The Federal Government publishes the spending and revenue numbers on a monthly basis. The charts and tables below give an in-depth review of the Federal Budget, showing where the money is coming from, where it is going to, and the surplus or deficit.

Gold ended last week at a record-setting US $3,332 per ounce, up 1.8 % on the week and a blistering 28 % year-to-date. The metal’s march higher has come even as Wall Street cheers fresh equity highs and a softer dollar, underscoring bullion’s stubborn appeal as fiscal storm clouds gather. Yesterday’s price action was orderly—just […]

With the Fed utterly clueless about inflation and GDP ticking lower, the Trump administration may be in trouble come midterms. As political narratives start to spin up, it’s worth recalling the nature of the so-called “Political Business Cycle.”

All libertarians agree: federal budget deficits must come to an end. But what comes after a balanced budget? How should libertarians handle the national debt?

As this country approaches recession territory, interventionist myths about past recessions will only gain traction among the media and political class. One particularly egregious example– President Hoover’s role in the Great Depression– needs to be corrected.

This year’s April Fools joke from the Federal Reserve is the same this year as every other:  Pretending that a small group of unelected academics can micromanage the economy to create an ideal balance between employment, inflation, and cost of borrowing. The Fed wants to control the economy, but all it achieves is distortion. And […]

Money Supply is a very important indicator. It helps show how tight or loose current monetary conditions are regardless of what the Fed is doing with interest rates. Even if the Fed is tight, if Money Supply is increasing, it has an inflationary effect.