Peter's Blog

The Fed Plays the Economy Like an Accordion

We talk a lot about how central banks serve as the primary force driving the business cycle. When a recession hits, central banks like the Federal Reserve drive interest rates down and launch quantitative easing to stimulate the economy. Once the recovery takes hold, the Fed tightens its monetary policy, raising interest rates and ending QE. […]

Peter Schiff: I Think the Dollar’s Woes Are Going to Continue in 2018 (Video)

US equities are at an all-time high. Investors are bullish about the future. A lot of people are excited about the potential for economic growth with the passage of GOP tax cuts. There’s a lot of optimism. In a recent interview on The Street, Peter Schiff said he thinks 2018 may start out the same, but he […]

Gold Now Is Like Christmas Decorations in January – A Bargain

When I was a kid, my mom always went shopping on the day after Christmas. She wasn’t going out to spend her Christmas cash on some goody Santa failed to leave under the tree. She went out with the express purposes of buying Christmas cards, wrapping paper and decorations. But why go out and buy […]

Peter Schiff: Stock Market Pushed by “Irrational Exuberance” (Video)

So what are we to make of the continuing stock market climb? Peter Schiff summed it up succinctly in a recent interview on Fox Business. Well look, I think it’s a bubble.”

Peter Schiff: 2008 Was Just the Opening Act (Video)

On Sept. 22, Peter Schiff spoke at the Nexus Conference in Aspen, Colorado, and argued that the financial crisis in 2008 was just the opening act. The real crisis will result from the way the government and the Federal Reserve responded to the 2008 crash. I don’t think 2008 was the crisis. I think that […]