Peter's Blog

America’s Dysfunctional Economy: Peter Schiff on Lions of Liberty

Peter Schiff appeared on the Lions of Liberty podcast with Marc Clair to look back at the Trump economy and ahead to what the Biden years might bring. Along the way, Peter and Marc talk about the stock market bubble, Peter’s move to Puerto Rico, the looming dollar collapse, and bitcoin.

Peter Schiff: Are Global Financial Markets Beginning to Decouple?

The first trading day of 2021 was, as Peter Schiff put it, “atypical.” In his first podcast of 2021, Peter analyzed the unusual day on Wall Street and explored a significant question: are we beginning to see the decoupling in the global financial markets that he’s been predicting for years?

Gold and Silver Chart Best Year in a Decade

The year 2020 will not go down as a banner year, but it was fantastic for gold and silver. Both metals charted their best years since 2010. On New Year’s Eve 2019, gold was trading at $1520.90. It closed the year at $1892.90 for a 24.5% gain.

Peter Schiff: Will 2021 Be the Year the Chickens Come Home to Roost?

There aren’t many people sad to see 2020 in the rearview mirror. But there’s no guarantee that 2021 is going to be any better. In his podcast final podcast of 2020, Peter Schiff said that hopefully, the upcoming year will be better healthwise in terms of COVID-19, but economically, this could be the year the […]

Fun on Friday: Have You Made Your Pet’s New Year Resolution?

It’s time to bid a fond farewell to 2020. Good riddance and don’t let the door hit you in the butt on the way out! Of course, the New Year also means it’s time for — resolutions. Confession: I’ve never been good at resolutions. In fact, I refuse to make them. Why set yourself up […]

Peace Out 2020! SchiffGold Friday Gold Wrap Dec. 31, 2020

The year 2020 is coming to a merciful end. As it was with pretty much everything, it was a nutty year for the economy and the precious metals markets. We all hope 2021 will be better, but it seems unlikely that it will be any less nutty. In this special Thursday episode of the Friday […]

Fun on Friday: How Many Years Would You Spend in Prison for Millions in Gold?

Have you heard about the guy who’s spent five years in federal prison because he won’t give up the location of about 500 gold coins he found in a historic shipwreck? Yes. Five years. How many years would you spend in prison for millions in gold?

Welcome to My Fed Talk: SchiffGold Friday Gold Wrap Dec. 18, 2020

The Federal Reserve held its last meeting of the year this week. There were no big surprises policy-wise. But Jerome Powell and company made it clear that the easy-money spigot will remain wide open pumping trillions of dollars created out of thin air into the economy. In this episode of the Friday Gold Wrap podcast, […]

South Carolina Bills Would Cut Taxes on Gold and Silver, Support Sound Money

Three bills prefiled in the South Carolina House would cut taxes on precious metals and take important steps toward treating gold and silver as money instead of as commodities. Passage of these bills would also set the stage to undermine the Federal Reserve’s monopoly on money. South Carolina is the first state to propose this […]

Commerzbank: Gold Bull Run to Continue into 2021

Coronavirus vaccines began rolling out this week, boosting optimism that the economy will soon rebound. But as Peter Schiff said in a podcast last month, there is no vaccine for what ails the economy. Even if the vaccine proves effective and governments ease off the draconian policies they have implemented in response to the pandemic, […]