Peter's Blog

Schiff on Business Matters: Consumers Are in Big Trouble

On Friday, Don Ma interviewed Peter on NTD’s Business Matters. Their conversation focuses on declining consumer sentiment. With GDP and unemployment figures also signaling a recession, a worsening consumer outlook bodes poorly for the economy.

New Schiff Interview: All Inflation Has One Source

On Wednesday, Peter appeared on This Week in Mining with Jay Martin. Jay and Peter discuss the state of the economy, the government’s assault on sound money, and why the mining sector constitutes a good investment.

To Prevent a Banking Crisis, the FED Must Cut

In 2009, 140 banks failed, and a recent report from financial consulting firm Klaros Group says that hundreds of banks are at risk of going under this year. It’s being billed mostly as a danger for individuals and communities than for the broader economy, but for stressed lenders across America, a string of small bank failures could quite […]

Inflation Brewing: Is Coffee the Next Cocoa?

Cocoa prices have dumped since rocketing to a dramatic peak last month as an El Nino cycle winds down and traders rush out of the illiquid market. For now, depreciating fiat currencies are still keeping the cocoa price still far above its 2023 levels. Coffee has had a similar rise and subsequent correction — but now, inflation and other factors are conspiring to […]

New Peter Schiff Interview: Rates are Still Too Loose

Last week Peter appeared on the Futures Radio Show podcast with Anthony Crudele. In their interview, they discuss the factors affecting gold’s price, why the Fed can’t control inflation, and the viability of Bitcoin.

Chocolate Prices Reflect Rampant Inflation

Beneath the sweet surface of our favorite treats lies a bitter reality: inflation has sent cocoa prices soaring to unprecedented heights. Once deemed the food of the gods and now a daily indulgence for millions, chocolate is facing a dramatic upheaval as wholesale cocoa prices have rocketed past $11,000 per ton. Our guest commentator explains […]

Peter Schiff: Stagflation Finally Revealed

In this week’s episode, Peter covers the dismal figures released Thursday and Friday, horrible tax policies, and the appalling lack of transparency in our government.

If 10-Year Yields Surpass 5%, Say Hello to QE (and Massive Inflation)

The wizards at the Fed and US Treasury have been forced to acknowledge that their “transitory,” inflation is, in fact, quite “sticky.” And with the inflation elephant now acknowledged by the circus of high finance, Treasury yields keep inching up, recently reaching 4.7% — the highest since November. The Fed is stuck: It needs to raise interest rates to tame inflation and […]

Money Supply Sees Major Jump in Recent Weeks

Money Supply is a very important indicator. It helps show how tight or loose current monetary conditions are regardless of what the Fed is doing with interest rates. Even if the Fed is tight, if Money Supply is increasing, it has an inflationary effect.

Peter Schiff: Wall Street Due for Correction

Peter leads off this week with an episode covering last Friday’s stock catastrophe, Bitcoin’s recent performance, and the start of President Trump’s so-called “hush-money” trial.