Peter's Blog

Peter Schiff: The Bond Vigilantes Are Back

In Wednesday’s podcast, Peter breaks down the deteriorating bond market and what it means for mortgage rates, consumer confidence, and the broader economy. He also takes aim at the Fannie Mae and Freddie Mac trade promoted by the Trump administration, tying it all together with a warning that decades of easy money are finally catching […]

Schiff on WTFinance: The Fed Is Trapped and Gold Is Winning

Last week, Peter joined the What The Finance podcast to break down the deteriorating state of the housing market, the credibility problems plaguing the Federal Reserve, and the growing parallels between today’s economy and the stagflation of the 1970s. He also explains why gold, not Bitcoin, has emerged as the real beneficiary of the dollar’s […]

Fed Governor Cook Admits AI Boom Is Fueling Inflation, Says Rate Hikes Cannot Fix It

Federal Reserve Governor Lisa Cook delivered a speech titled “An Update on AI and the Economy” on September 28th at the Oakland Tech Week Opening Keynote, cohosted by the Kapor Center in Oakland, California. Cook discusses why she voted with the rest of the Federal Open Market Committee (FOMC) to raise interest rates by 25 […]

Peter Schiff: Wishful Thinking Won’t Save This Market

In Sunday’s episode of the Peter Schiff Show, Peter tackles the disconnect between Wall Street optimism and economic reality. He walks through the dangerous complacency around rising bond yields, warns of a historic breakdown in market breadth, and reiterates his long-standing case for gold as the ultimate safe haven. He also touches on the psychology […]

Schiff on World Affairs in Context: America’s Debt Bomb is Ticking

Last week, Peter joined host Lena Petrova on World Affairs in Context to walk through the mounting dangers facing the US economy. He lays out how the national debt, the Federal Reserve’s inflationary tools, and shortsighted political decisions are converging to set up a crisis far worse than anything Americans have experienced in modern times. […]

Schiff on Metals and Miners: The Fed Can’t Fix the Yield Problem

Last week, Peter joined Gary on the Metals and Miners podcast to explain why confidence in the US Treasury market is eroding and why the Federal Reserve’s response will only make matters worse. He walks through the mechanics of Fed intervention, the coming pressure on the dollar, and why gold remains the standout asset in […]

Philadelphia Fed’s Paulson Admits Sixth Straight Miss on Inflation Target

Anna Paulson, President and CEO of the Federal Reserve Bank of Philadelphia, delivered opening remarks at the 10th Annual Fintech Conference in Philadelphia on September 24th, noting explicitly that her views are her own, “not necessarily those of the Federal Reserve System or the Federal Open Market Committee (FOMC).” Paulson said she supported the FOMC’s […]

Peter Schiff: Politics is Trumping Sound Policy

In this episode, Peter works through the latest news cycle, each part of which points to government malfeasance and political expedience overriding sound principles. He covers the latest Federal Reserve vote, the ballooning cost of servicing the national debt, inflation’s squeeze on ordinary consumers, the misuse of the strategic petroleum reserve, a troubling crackdown on […]

Price Inflation Has Been above the Two-Percent Target for 65 Months in a Row

The Fed’s preferred inflation gauge, PCE, has now come in above its 2 percent target for 65 consecutive months, with core PCE running at 3.3 percent year over year in July and CPI up 3.4 percent through August. The dollar has lost 28 percent of its purchasing power since January 2020, and with wages falling […]

Richmond Fed’s Barkin Concedes Five Years of Inflation Failure

Federal Reserve Bank of Richmond President Tom Barkin delivered a speech titled “Why Hike?” to the CFA Society Baltimore on September 22nd, discussing the Federal Open Market Committee’s (FOMC) recent rate hike of 25 basis points. The move marked the Fed’s first rate increase since mid-2023 and its first policy action of any kind since […]