Peter's Blog

A Dove in Hawk’s Clothing: SchiffGold Friday Gold Wrap June 18, 2021

The Federal Reserve wrapped up its June meeting this week. The markets are convinced Jerome Powell has gone hawkish. Has he though? In this episode of the Friday Gold Wrap podcast, host Mike Maharrey talks about the messaging coming out of the FOMC meeting and reaches a completely different conclusion. He also compares and contrasts […]

Was This Fed Meeting Really “Hawkish?”

The Federal Reserve wrapped up its June meeting. While the central bank didn’t raise rates, the messaging coming out of the FOMC was widely viewed as hawkish. But was it really? We don’t think so. In fact, the Fed’s messaging was extremely dovish. And the fact that it continues to ignore inflation doesn’t bode well […]

Peter Schiff: The Fed Is a Lot More Dovish Than It Admits

The Federal Reserve Open Market Committee meeting wrapped up yesterday with Fed policy still in neutral. As expected, the FOMC left interest rates unchanged and seemed to indicate it doesn’t plan to do anything at all in the near-term. Jerome Powell’s comments dampened expectations that the central bank might move to cut rates in the […]

Could the Fed Go Dovish?

The Federal Reserve opens its March Open Market Committee meeting today. Most analysts say there is a 100% chance for a rate hike during this go-round. Overall, there is a decidedly hawkish attitude when it comes to the Fed. The real debate right now revolves around whether the central bank will hike three or four times […]

FOMC Meeting: Yellen Follows Her Script

The December Federal Open Market Committee meeting went pretty much according to scrip. Analysts widely expected the Fed to raise rates by .25. It did. Analysts also expected the Fed to signal three more hikes in 2018. It did that too. Gold went up, as we said it probably would, hitting a one-week high in […]