Peter's Blog

How Government Policy Turns Generations and Classes Against Each Other

In a limping and heavily distorted economy, it’s easy to blame one group or demographic for “ruining the economy.” Caste analysis, in the tradition of the Austrian school, shows us that it’s not one specific demographic or class that’s to blame. Rather, the economy’s woes result from those who seize political power for selfish gain. […]

The Fed’s “Sick Design”: How Post-2008 Policy Supercharged the Cantillon Effect

With the Fed cutting rates this month, free-market economists stand alone again in their condemnation of inflationary monetary policy. Despite recent years of high inflation, most economists still don’t appreciate the sinister and destructive effect inflation has on the economy, even in small amounts. The following article was originally published by the Mises Institute. The […]

Schiff on Commodity Culture: Silver and Gold Are Poised to Soar

Peter joined the Commodity Culture podcast on Friday to walk through recent moves in precious metals and explain why he thinks inflationary pressure is returning to the market. He ties silver and gold action to what he calls a de facto return to quantitative easing, warns that politicized central banking will make matters worse, and […]

Schiff on Palisades Gold Radio: Fed Returns to QE While Metals Climb

Last week, Peter joined Palisades Gold Radio to argue that the recent Fed moves mark a return to balance-sheet expansion and that the implications for bonds, the dollar, and precious metals are profound. He walks listeners through the mechanics of what the Fed is doing, the risks of yield-curve pressure, why he thinks the current […]

Gold and Silver: Fundamentally Strong but Technically Stretched

Technical Analysis of Gold and Silver This analysis attempts to look at different metrics to understand the current momentum in the gold and silver markets. It is meant as an analysis on potential price direction in the very short-term (a few weeks to 1-2 months). The last two technical analysis pieces have been spot on. […]

Two Truths and a Lie From Trump’s 2025 Macro Policy

Trump’s tariff regime has led to an extremely unique economic situation. While inflation for some goods is high, many other goods have little inflation, and new job creation is lagging. Any Keynesian economist could weasel their way around this, but it gives compelling evidence against the assumptions of their most revered models. The Phillips curve […]

Peter Schiff: The Fed Welcomes QE Back

On Thursday’s episode of The Peter Schiff Show, Peter walks through the Federal Reserve’s stealthy pivot on monetary policy and explains why that move matters more for inflation and markets than talk of tariffs. He also highlights how precious metals — particularly silver and mining stocks — are leading this leg of the bull market, […]

The Economics of Affordability: Why Government Can’t Make Life Cheaper

Politicians on both sides have found a new mantra to address concerns about the economy: “affordability.” Economics shows us how these same politicians are responsible for inflation, taxation, and regulation– three forces that inevitably make goods and services less affordable. The following article was originally published by the Mises Institute. The opinions expressed do not […]

Money Supply Surges to 3-Year High as Fed Quietly Eases Policy

With the market betting on a rate cut at this week’s FOMC meeting, many are hoping for another few months of easy monetary policy. Money supply growth data, however, shows how monetary policy is already too free, and the money supply is already growing too much. The following article  was originally published by the Mises […]

Fed Trims Rates Again—Gold Vaults Past $4,200 Anyway

In a hotly-anticipated announcement, the Federal Open Market Committee shaved its federal-funds target by another quarter point on December 10th, setting the range at 3.50 – 3.75 percent. Fed officials insist the U.S. economy is still expanding at a “moderate pace,” yet the same statement concedes that job gains have cooled and unemployment inched higher […]