Peter's Blog

Last week, Peter was in New Orleans for the New Orleans Investment Conference, where he was a featured speaker. During the event, he also appeared on Market Misbehavior with David Keller to talk politics, monetary policy, and America’s future in a changing global landscape. 

In 2023, the U.S. spent 1.04 trillion dollars on Medicare, which is over $3,000 per citizen. For an inefficient, problem-ridden program, that number is difficult for Americans to stomach.

Last year, the Social Security and Medicare trustees warned that the programs are going broke. A year later — they’re still going broke. Social Security will dip begin dipping into reserves in order to pay out benefits next year and those reserves will run dry in 2035, according to the annual Social Security and Medicare […]

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.

Are you depending on Social Security and Medicare for your retirement? You might want to rethink that plan. These government retirement programs are going broke even faster than expected.