Peter's Blog

Powell Put Confirmed: Balance Sheet Reduction Will End This Year

After weeks of hinting, Federal Reserve Chairman Jerome Powell confirmed that the central bank will end its balance sheet reduction program this year. This just five months after insisting quantitative tightening was on “autopilot.” “We’ve worked out, I think, the framework of a plan that we hope to be able to announce soon that will […]

Mixed Messages: SchiffGold Friday Gold Wrap 02.22.19

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.

That Moment Janet Yellen Sounds Just a Little Bit Like Peter Schiff

All of a sudden, former Federal Reserve chair Janet Yellen sounds a little bit like Peter Schiff. During an interview on CNBC,  Yellen conceded that the next Fed move could be an interest rate cut. Of course, it’s possible. If global growth really weakens and that spills over to the United States where financial conditions tighten […]

Monetary Drug Pushers Have Created a World of Corporate Debt Junkies

After Jerome Powell indicated that the Federal Reserve tightening cycle was on pause during last week’s FOMC meeting, Peter Schiff said, “The monetary drug pushers at the Federal Reserve gave the addicts on Wall Street exactly the fix that they had been craving.” Peter often compares the markets to drug addicts. They are addicted to […]

Peter Schiff: This Is the Beginning of the End (Video)

During his keynote speech at the Vancouver Resource Investment Conference, Peter Schiff said we are at the beginning of the end. The Fed appears to have paused interest rate hikes in order to save the stock market. The markets have reacted positively and a lot of analysts seem to think we’re out of the wood. […]

The Powell Put Is On! SchiffGold Friday Gold Wrap 02.01.19

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.

Peter Schiff: The Powell Pause Won’t Be Enough

The Federal Reserve Open Market Committee met yesterday and held interest rates steady in the 2.25-2.50% range. This wasn’t really a surprise. More significantly, Fed Chair Jerome Powell kept up the dovish rhetoric, saying, “The case for rate increases has diminished. I would need to see a reason for further rate hikes that would have […]

Peter Schiff: The Recession Is a Done Deal

US stock markets had a strong week last week. The Dow Jones capped it off gaining more than 300 points on Friday. Optimism about a trade deal with China along with increasing expectations that the Federal Reserve will slow the pace of interest rate hikes buoyed the markets. This has led many pundits to declare […]

Peter Schiff: The Eye of the Financial Hurricane

Stock markets appear to have stabilized after a “December to remember.” But in his most recent podcast, Peter Schiff said we’re really just in the eye of a financial hurricane. The selloff began after the September Fed rate hike. At the time, Peter called it the hike that broke the camel’s back. The market plunged in […]

What’s Up With Fed Chair Jerome Powell? Friday Gold Wrap 1.11.19

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.