Peter's Blog

Peter Schiff: The Fed Is Losing the Inflation Fight

We saw a big selloff in the gold market last week and the price dropped below $2,000 an ounce. The catalyst for that selloff was tough talk from several Federal Reserve officials and an increasing expectation that the central bank will raise rates again in June. As Peter Schiff explained in his podcast, everybody thinks […]

Who Cares? SchiffGold Friday Gold Wrap May 19, 2023

There are a few things that Friday Gold Wrap host Mike Maharrey writes about that don’t seem to garner much interest. In this show, Mike is going to talk about two of those things, why they matter, and why you should care. He also talks about the recent drop in the price of gold and […]

A Big Disconnect: SchiffGold Friday Gold Wrap Podcast May 12, 2023

The CPI data for April came out this week. The mainstream spin was that it was more good news for the Fed’s inflation fight. But the actual data tells a different story. In this episode of the Friday Gold Wrap, host Mike Maharrey talks about the CPI report and the disconnect between the mainstream narrative […]

April CPI: Price Inflation Looks Pretty Sticky

Great news on the inflation front! At least if you believe the headlines. For example, “Consumer Prices in April Rise at the Slowest Annual Rate in Two Years.” But if you read about one inch below the headline, you’ll discover things aren’t so great. In fact, the actual data reveals price inflation is looking pretty […]

Peter Schiff: This Is an Inflation Tsunami

Peter Schiff recently appeared on Real America with Dan Ball to talk about the ongoing banking and financial crisis. Peter emphasized that the Federal Reserve and the US government are trying to fix a problem that they caused. And their cure is going to unleash an inflation tsunami.

Peter Schiff: The US Is in a Financial Crisis Worse than ’08

During his post-FOMC meeting press conference, Federal Reserve Chairman Jerome Powell insisted that the US banking system is resilient and sound. He said this despite the failure of First Republic Bank just days before the Fed meeting. Peter Schiff appeared on the Claman Countdown on Fox News and argued that Powell and others are wrong. […]

What the Fed Says Today Really Isn’t Relevant Tomorrow

Is the rate hike pause in play? That question remains up for debate after the May Federal Reserve Open Market Committee meeting. But when you break it all down, the underlying economic reality is far more important than the messaging coming from Powell and Company. And the underlying economic reality is that inflation isn’t beat […]

Peter Schiff: The Fed Has Screwed Up Everything That Is a Function of Interest Rates

The failure of First Republic Bank reveals that the banking system isn’t nearly as sound as Treasury Secretary Janet Yellen and Federal Reserve Chairman Jerome Powell would have us believe. But as Peter explained in a recent podcast, it’s not just the banking system that’s messed up. The Fed has screwed up everything that is […]

A Silver Lining: SchiffGold Friday Gold Wrap April 21, 2023

Most attention in the precious metals markets has focused on inflation and the Federal Reserve’s response. The perception that the Fed will continue to tighten monetary policy to fight inflation has created headwinds for gold and silver. But as Friday Gold Wrap host Mike Maharrey explains, there is a silver lining in all this – […]

Peter Schiff: We’d Be Lucky to Escape With Just a Recession

Peter Schiff recently appeared on Real America with Dan Ball to talk about the weakening US dollar, the less-than-stellar jobs report, and the trajectory of the economy. Peter kicked off the interview with a startling statement when Dan said whether it’s oil, de-dollarization, or President Biden’s horrible economic policies, everything is pointing toward a recession […]