Peter's Blog

DeepSeek’s AI Emergence Triggers Record Nvidia Loss and Tech Selloff

Global investors staged a broad selloff in technology stocks on Monday, wiping out a staggering $593 billion in market value from chipmaker Nvidia—an unprecedented one-day loss for any firm on Wall Street. The downward spiral took hold after Chinese startup DeepSeek announced a low-cost AI assistant that rapidly soared to the top of Apple’s App […]

Money Supply Grew by 4% in 2024

Money Supply is a very important indicator. It helps show how tight or loose current monetary conditions are regardless of what the Fed is doing with interest rates. Even if the Fed is tight, if Money Supply is increasing, it has an inflationary effect.

Schiff on Soar Financially: Time to Rip Off the Band-Aid

Last week, Peter joined Kai from the Soar Financially YouTube channel for an interview on the state of the economy, Federal Reserve policy, and the interplay between domestic politics, gold, and inflation. This interview is a great recap of the most important events of 2024, and Peter offers his perspective on what 2025 will hold […]

Schiff on Market Misbehavior: The Economy Needs Rehab

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. 

Schiff on Schwab Network: Gold Just Getting Started

Last week Peter joined Oliver Renick on his show, “Market on Close,” on the Schwab Network. They discuss gold’s stellar year in 2024 and where the metal is heading, and Peter also comments on the price of crude oil, treasury yields, and the Fed’s recent rate cut. 

Gold Pumps After Monster Rate Cut – And So Will Inflation

In the wake of the Fed’s juicy 50 bps interest rate cut, the dollar responded immediately by dropping against gold. With more rate cuts on the way, Israel’s war expanding rapidly, and inflation ready to rip higher, new record prices are on the way for the yellow metal.

August Money Supply Grows by Most Since December 2021

Money Supply is a very important indicator. It helps show how tight or loose current monetary conditions are regardless of what the Fed is doing with interest rates. Even if the Fed is tight, if Money Supply is increasing, it has an inflationary effect.

This Firm is Among the Most Shorted Stocks on Wall Street

In 2023, an investment bank called B. Riley Financial was one of the most shorted stocks on all of Wall Street. The firm enjoyed the unique position of being one of the most profitable shorts of 2023. Now more than halfway through 2024, B. Riley remains one of the top short trades on the open […]

Haywire Trading Platforms Sabotaged “Black Monday” Retail Dip Buyers

With Monday’s global market sell-off triggered by a panic in Japan, investors logged into their stock trading platforms to buy (or sell) the dip through institutions like Charles Schwab, Fidelity, TD Ameritrade, Vanguard, E-Trade, and Wells Fargo to buy the dip. But whether these retail traders were planning on panic selling or scooping up discounted […]

Flattening Yield Curve is the Calm Before the Storm

Americans are already struggling to feed their families and pay their bills, but having predicted every US recession since 1960, the flattening bond yield curve is speaking loud and clear that an “official” downturn is nearly inevitable. With bond prices on the rise as the Fed looks increasingly likely to cut rates in September, the […]