Peter's Blog

Fed’s Monetary Tightening Could Become a Havoc-Wreaking Juggernaut

The price of gold has fallen four straight weeks, primarily driven down by anticipation of Federal Reserve monetary tightening. The kickoff of the Fed’s balance sheet normalization program and the expectation of rising interest rates have helped spark a dollar rally. But few people seem to be paying any attention to the pitfalls of quantitative […]

Yellen in a Box and a Retail Bloodbath: SchiffGold Friday Gold Wrap Podcast Sept. 22, 2017

The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week’s precious metals news coupled with thoughtful analysis. You can subscribe to the podcast on iTunes.

The Fed Balance Sheet – It’s Not Going to Shrink

The Federal Reserve Open Market Committee will meet this week. There is virtually no expectation of a rate hike this time around, but there is widespread anticipation that the Fed will outline its strategy for shrinking its massive balance sheet. In his most recent podcast, Peter Schiff made a pretty good case that the Fed […]

Is this Really the Scariest Chart in the World?

True Economics called it “the scariest chart in the world.” That may be a little bit of hyperbole, but a chart showing declining average rates of growth during each economic expansionary period since the 1950s is certainly cause for concern.