Peter's Blog

China’s Role in Shaping the Future of Gold Markets

Gold’s phenomenal year so far is thanks in part to foreign central banks buying the yellow metal. With BRICS nations expanding their membership and growing in prestige, superpowers like China will likely turn to gold to escape the collapsing dollar.

The Model Behind the Madness

Central banks typically make decisions based upon the NK (New Keynesian) model. Its goal is to provide a framework to understand how interest rate decisions end up affecting the various measures of an economy’s performance. It differs primarily from the RBC and Neoclassical models in that it includes the real short term effects of monetary […]

Why Central Banks Won’t Truly Fight Inflation

2024 has shown that the Federal Reserve is perfectly comfortable with inflation sitting above its 2% target. This fact serves as a reminder that the political purpose of central banks is to create inflation, which benefits large government programs and socialist policy. The following article was originally published by the Mises Institute. The opinions expressed do not necessarily reflect those […]

Kamala Harris’s Price Controls Could Trigger Food Shortages and Economic Disruption

Despite the left constantly touting the virtues of “science,” democrats like Kamala Harris frequently deny sound economic theory. Her penchant for ignoring economic law is especially frightening when it comes to the theories of prices and price controls, which are recently under attack thanks to the Fed’s inflationary policy. The following article was originally published by the Mises Institute. The […]

The Federal Reserve: A Seamless Extension of the Regime

The Federal Reserve often insists on its independence from political forces, but when push comes to shove, its purpose is to enable massive deficits and inflate the dollar for the government’s benefit. The following article was originally published by the Mises Institute. The opinions expressed do not necessarily reflect those of Peter Schiff or SchiffGold.

American Horror Story: How We Create Our Own Worst Nightmare

A simple internet search confirms the overwhelming buzz in the air: Americans across the board are more concerned with the economy than any other political issue. This concern is overwhelming across both aisles, seems to be growing, and has remained a large issue for years. Recent polling data shows that when combined, concern about inflation […]

Kamala’s “Opportunity Agenda” Will Be Disastrous for African Americans

With Kamala Harris rapidly fading in polls among African-Americans, her campaign just released a desperate “Opportunity Agenda” for black men outlining policies that will have disastrous economic consequences. Ironically, the consequences of “forgivable loans” are likely to be the most damaging to the very same groups that she’s claiming to help.

Peter Schiff: 2% Inflation is Fantasy Land

Last week, Peter appeared on Soar Financially, where he was interviewed by host Kai Hoffmann. The two dive into gold’s upward trajectory and its historical precedents, the market’s misguided optimism when it comes to the American economy, and recent events in domestic politics and international banking.

Boeing Strikes Bode Ill for the U.S. Economy

“No” is Boeing’s final word to union workers, who say they plan to remain off work for the “long haul” after the company walked away from the negotiating table.

Schiff on Commodity Culture: The Mainstream is Wrong on China

Yesterday Peter joined host Jesse Day on his show, Commodity Culture, to discuss the upcoming election, the historic decline of the dollar relative to gold, and a possible return to quantitative easing. They also devote time to global affairs, namely recent violence in the Middle East and movement in the Chinese equity market.