Peter's Blog

Peter Schiff: Stocks Are Priced for Perfection in an Imperfect World

Despite all kinds of economic bad news, as of Friday, the Dow Jones was on pace for the best October in history. As Peter Schiff explained in his podcast, this demonstrates the fact that for now, bad news is good news, and stocks are priced for perfection in an imperfect world.

No More Recession? Not So Fast! SchiffGold Friday Gold Wrap Oct. 28, 2022

The third quarter GDP data came out this week and it looks like the recession is over. (If there ever was one.) But in this episode of the Friday Gold Wrap podcast, host Mike Maharrey digs into the data and says, “Not so fast!” He also talks about a mainstream economist who sounds a lot […]

Our Money Is Broken: SchiffGold Friday Gold Wrap Oct. 21, 2022

Inflation is raging. The economy is teetering on the brink. Government spending is out of control. All of this has a root cause. Our money is broken. In this episode of the Friday Gold Wrap podcast, host Mike Maharrey talks about what broke our money and the only way to fix it. He also reveals […]

A Reason for Bullishness: Robust Demand for Physical Gold

Although gold has been one of the best-performing assets in 2022, it has faced significant headwinds due to rising interest rates and a strong dollar. Members of a panel discussion during the London Bullion Market Association’s (LBMA) annual precious metals conference agreed that gold and silver prices may still face headwinds in the near term […]

This Is What Losing Looks Like: SchiffGold Friday Gold Wrap Oct. 14, 2022

The September Consumer Price Index (CPI) data came out on Thursday. Once again, it was “hotter than expected,” despite the Federal Reserve hiking rates by over 3% since March. In this episode of the Friday Gold Wrap podcast, host Mike Maharrey breaks down the CPI data in the context of the Fed’s inflation fight and […]

Rich Dad Poor Dad Author Says Buy Silver While You Can

In a series of tweets, Rich Dad Poor Dad author Robert Kiyosaki said now is a great time to buy silver. Kiyosaki predicted that the dollar will ultimately crash when the Fed pivots and surrenders to inflation.

Peter Schiff: You’ll Need Gold When the Fed Loses This Inflation Fight

Some people in the mainstream have been talking about gold’s demise as an important financial asset. Meanwhile, central banks continue to buy gold. What are the gold naysayers missing? Peter Schiff appeared on Fox Business with Charles Payne to talk about the price of gold and why some investors are starting to realize they’ll need […]

Something’s Gonna Break! SchiffGold Friday Gold Wrap Oct. 7, 2022

Last week, the Bank of England threw in the towel on its inflation fight and launched a quantitative easing program. Why? Because something broke in the UK financial system. That led to a rally in stocks and precious metals this week as many in the US realized the Fed might be closer to a pivot […]

CoTs Report: Managed Money Hammers Gold for 7th Straight Week

Managed Money continues to hammer the price of gold lower as the Net Short position increased to -43k contracts. Please note: the CoTs report was published on 9/30/2022 for the period ending 9/27/2022. “Managed Money” and “Hedge Funds” are used interchangeably.

Economics Always Wins in the End: SchiffGold Friday Gold Wrap Sept. 30

With a hurricane barreling toward his home, Friday Gold Wrap podcast host Mike Maharrey called an audible and recorded this week’s show ahead of time. And since the hurricane is in the news, as well as top-of-mind for his family, he uses it as a jumping-off point to talk about some economics including the concept […]