Peter's Blog

Will the Silver Boom Raise the Price of Tech?

Silver is booming. So, is Elon Musk right that the industrial need for silver will reveal that recent price action is only a bubble?  Or will the rise continue, raising the price of technology in the process? One of the downstream effects of higher silver prices could certainly be higher prices for other goods that […]

Schiff w/ Chasse: Bitcoin is a Risky Asset

In a recent interview with Kyle Chasse, Peter walks listeners through a warning many sound-money advocates have been making for years: the next big price reset may not look dramatic in dollar terms, but in other terms it could be devastating. He connects the rising price of gold, the shift by foreign central banks away […]

CPI Inflation Cools Amid Falling Oil Prices and Slowing Rents

With the CPI coming in at 2.7% last week– lower than the expected 3.1% – markets rallied at the hope that inflation is being tamed. 2.7% is still nearly a full point higher than the Fed’s 2.0% goal, and this hope is misplaced: the Fed’s latest cuts will only drive inflation higher. The following article […]

How Government Policy Turns Generations and Classes Against Each Other

In a limping and heavily distorted economy, it’s easy to blame one group or demographic for “ruining the economy.” Caste analysis, in the tradition of the Austrian school, shows us that it’s not one specific demographic or class that’s to blame. Rather, the economy’s woes result from those who seize political power for selfish gain. […]

The Fed’s “Sick Design”: How Post-2008 Policy Supercharged the Cantillon Effect

With the Fed cutting rates this month, free-market economists stand alone again in their condemnation of inflationary monetary policy. Despite recent years of high inflation, most economists still don’t appreciate the sinister and destructive effect inflation has on the economy, even in small amounts. The following article was originally published by the Mises Institute. The […]

Two Truths and a Lie From Trump’s 2025 Macro Policy

Trump’s tariff regime has led to an extremely unique economic situation. While inflation for some goods is high, many other goods have little inflation, and new job creation is lagging. Any Keynesian economist could weasel their way around this, but it gives compelling evidence against the assumptions of their most revered models. The Phillips curve […]

Peter Schiff: The Fed Welcomes QE Back

On Thursday’s episode of The Peter Schiff Show, Peter walks through the Federal Reserve’s stealthy pivot on monetary policy and explains why that move matters more for inflation and markets than talk of tariffs. He also highlights how precious metals — particularly silver and mining stocks — are leading this leg of the bull market, […]

Money Supply Surges to 3-Year High as Fed Quietly Eases Policy

With the market betting on a rate cut at this week’s FOMC meeting, many are hoping for another few months of easy monetary policy. Money supply growth data, however, shows how monetary policy is already too free, and the money supply is already growing too much. The following article  was originally published by the Mises […]

Fed Trims Rates Again—Gold Vaults Past $4,200 Anyway

In a hotly-anticipated announcement, the Federal Open Market Committee shaved its federal-funds target by another quarter point on December 10th, setting the range at 3.50 – 3.75 percent. Fed officials insist the U.S. economy is still expanding at a “moderate pace,” yet the same statement concedes that job gains have cooled and unemployment inched higher […]

Fed Governor Bowman Tries to Reassure House Committee

Federal Reserve Vice Chair for Supervision Michelle Bowman assured House lawmakers on December 2nd that the “Federal Reserve” “banking system remains sound and resilient,” citing robust capital ratios, ample liquidity, and falling non-performing loans. Testifying before the House Committee on Financial Services, she painted a largely upbeat picture of traditional banks even as gold prices—often […]