Peter's Blog

Are Negative Interest Rates in Our Future?

Are negative interest rates in our future? The markets are starting to think so. On Thursday, Fed fund futures contracts began pricing in negative interest rates. They were initially priced in for December but then shifted to early 2021. This doesn’t guarantee negative rates, but it does indicate markets are beginning to expect them.

The New Normal: SchiffGold Friday Gold Wrap May 8, 2020

People keep talking about the “new normal” we’ll all have to adjust to as we recover from the coronavirus pandemic. So, what does that mean for the economy? In this episode of the Friday Gold Wrap podcast, host Mike Maharrey looks ahead at the new normal, the prospects of an economic recovery and speculates that […]

Peter Schiff: The Fed Can Never Take the Easy Money Drug Away

The Federal Reserve is creating a massive amount of money out of thin air and injecting it into the economy. Pretty much everybody believes this is the only choice given the economic emergency we face. But we’re told once the emergency is over, the Fed will take the excesses away. In his podcast, Peter Schiff […]

Tale of Two Cities: SchiffGold Friday Gold Wrap May 1

US stock markets just had their best month since 1987. Meanwhile, the economic data is as bad as it’s ever been. It’s almost like a tale of two cities. In this episode of the Friday Gold Wrap podcast, host Mike Maharrey digs into some of the data and explains why the damage to the economy […]

They’re All High on Fed Fairy Dust

Everybody realizes the US economy is in a bad spot. But most people still seem to believe it will bounce right back once we deal with the coronavirus. They’re all high on Federal Reserve fairy dust.

Peter Schiff: Gold Mines are Literally Gold Mines

Earnings reports started coming in last week. It was a mixed bag, with some companies showing the negative impacts of the coronavirus-induced government shutdowns, but other companies coming in more upbeat. Peter Schiff appeared on RT Boom Bust to talk about it. He said the only thing the stock markets have going for them right […]

Peter Schiff: The Questions Nobody Is Asking

There seems to be growing optimism that we’re nearing the end of the coronavirus lockdown. Stocks have rallied despite dismal economic numbers. But Peter Schiff says there are some important questions nobody is asking, especially when it comes to the insane Federal Reserve monetary policy.

Peter Schiff: This Is a Financial Crisis

A lot of people in the mainstream still insist this isn’t a financial crisis like we saw in 2008. They say this is just a self-inflicted shutdown of the economy. Since we decided to shut it down, we can decide to start it back up again. Peter Schiff begs to differ. In his podcast, he […]

Peter Schiff: Janet Yellen Is as Clueless as Ever

Former Federal Reserve Chair Janet Yellen is making the media circuit and pontificating about the evolving economic crisis. As Peter recalled on his podcast, it wasn’t long ago that Yellen was saying she didn’t think we would ever see  another financial crisis “in our lifetime?” Yet, here it is, just a few years later, and […]

What’s the Exit Strategy??

As the coronavirus lockdown drags on and governments at every level enact more and more draconian measures, nobody seems to have an answer for what I believe is a most crucial question. What’s the exit strategy?