Peter's Blog

Peter Schiff: The Fed Made This Bed and Now We Have to Lie In It

Inflation is running hot. Economic data is running cold. Stocks and bonds are under pressure. The Fed is scrambling. In his podcast, Peter Schiff talked about the trajectory of the economy. He said we’re on the cusp of the most obvious crisis that virtually nobody saw coming. The Federal Reserve made this bed. Now we […]

Peter Schiff: The Year of Living Dangerously

With 2021 now in the rear-view mirror, I believe that future financial historians may regard it as the year of peak speculation. While the history of American markets is littered with periods of irrational exuberance, none of those episodes can really match the current market for outright delusion and the blatant disregard for basic investment […]

Hopes and Prayers Economic Policy: SchiffGold Friday Gold Wrap Jan. 14, 2022

December gave us another big jump in consumer prices. But despite a lot of talk about an inflation war, accommodative monetary policy remains in play. In this episode of the Friday Gold Wrap podcast, host Mike Maharrey breaks down the CPI data, Jerome Powell’s Senate testimony, and Joe Biden’s plan to fix rising meat prices. […]

Peter Schiff: The REAL Reason Gold Hasn’t Gone Up and Why It Ultimately Will

Inflation in the US is at historically high levels. So, why hasn’t gold taken off? We hear this question over and over again. In this video, Peter Schiff answers this question and explains why the markets will eventually wake up to their misperception.

Consumer Debt Charts Biggest Gain in 20 Years

The Federal Reserve is talking about raising interest rates. Well, that’s going to be a big problem for American consumers who are running up debt at a torrid pace. This is yet another reason why the Fed can’t do what it’s claiming it will do. Consumer debt jumped 11% year-on-year in November, according to the […]

Peter Schiff: The Fed Can’t Do What It’s Saying It Will Do

The Fed FOMC minutes came out last week, signaling tighter monetary policy. Peter Schiff talked about the minutes in his podcast, arguing that the Fed can’t do what it says it’s going to do. If it does, it will crash the markets and the economy. And it won’t lower inflation.

The Fed Released Its December FOMC Minutes; I Have Questions!

The Federal Reserve released the minutes from the December FOMC meeting on Thursday (Jan. 5) and the markets freaked once again at the prospect of monetary tightening. The minutes seem to indicate an even more abrupt shift to tighter monetary policy to fight inflation. But I have questions.

The Big Story: SchiffGold Friday Gold Wrap Dec. 31, 2021

We’re on the cusp of a new year. We certainly had a wild ride in 2021 with continuing coronavirus drama, inflation that turned out to be not so transitory, and a record-breaking stock market bubble. So, what was the biggest story of 2021? Friday Gold Wrap host Mike Maharrey thinks it was a story that […]

Peter Schiff and Judge Napolitano: The Truth About Inflation

Peter Schiff appeared on Judging Freedom with Judge Napolitano to talk about inflation. Why are we suffering from it? Who’s to blame? And where is this leading?

REAL Interest Rates: The Missing Puzzle Piece the Mainstream Is Ignoring

Inflation is sizzling hot. Gold has historically served as an inflation hedge. So, why hasn’t gold caught a bid? In a word, confusion. Taper tantrums and fear of Fed rate hikes have generated massive confusion in the markets. People are selling gold when they should be heavily buying gold in the dips. And at the […]