Peter's Blog

Purchasing Power and Global Demand for the U.S. Dollar

With trade wars popping in and out of headlines during the Trump presidency, there are no guarantees when it comes to foreign exchange. As tariffs, bailouts, and central banks all affect exchange rates, it’s worth revisiting what causes the international economy to demand the almighty US dollar.

The Fed Can No Longer Ignore Stubborn Inflation

Last week’s inflation data confirms what many economists have been saying for months: the Fed’s inflation target is not achievable anytime soon. In fact, many economic signals suggest the opposite: inflation is here to stay, and even the Fed realizes it.

Schiff on Pinnacle Digest: The Government Should Fear the Public

Last week Peter joined Aaron Hoddinott on the Pinnacle Digest YouTube channel for an interview on Peter’s career, why the Fed can’t get anything right, the perennial gold vs. Bitcoin debate, and Aaron’s disagreements with Peter on the dollar. If you missed it, be sure to check out Peter’s podcast from Sunday!

The Global Gold Rush: Russia and China’s Shortages Add to Economic Anxiety

Mounting economic uncertainties and persistent inflation are sending shockwaves through the global market, triggering a surge in demand for precious metals. As investors are seeking a safe haven, gold and silver are experiencing skyrocketing demand, leading to significant shifts in national reserves and logistical challenges in the precious metals market. 

Peter Schiff: Trump Should Emulate Washington

On Sunday, Peter revived his Sunday night podcast habit for a special President’s Day themed episode. In it he reflects on the character of George Washington and how far the country’s economic health has fallen since the founding of our country. President Trump can follow Washington’s example if he wants to get the country back […]

Gold Stocks vs. Bullion: Why the Lag?

You might think that the price of physical gold and the performance of gold mining stocks should more or less always move together, since higher gold prices typically boost miners’ revenues. However, there are instances—like now—where physical gold prices surge while gold mining stocks stay flat or even decline. There are a lot of reasons […]

Peter Schiff: Hot CPI Sends Gold Higher

On Wednesday evening, Peter took to his podcast to cover the week’s big economic headline: inflation is still running hot. In this episode he covers this week’s alarming CPI figures and the political fallout they caused. These metrics highlight just how unprepared Powell and the Fed are for coming stagflation.

Who’s Got Beef?

As the Fed becomes even more dovish on inflation, average Americans are paying the price on everyday goods and services. The price of beef, in particular, exemplifies the problems that arise when the government tinkers with interest rates and grows deficits with no end.

Gold-Silver Ratio: Silver Breakout Incoming?

Gold has reached new all-time highs, and the gold-to-silver ratio now exceeds 90:1. Such a high ratio has often signaled an impending breakout for silver prices. It indicates that silver could be undervalued, and we may be on the verge of a major price surge. Sometimes, if you miss a price run-up for gold, you […]

A Brief History of US Tariffs

President Trump says he wants to be “The Tariff President,” fully embracing a longstanding and powerful tool in the economic arsenals of nations.