Friday, December 17, 2021

Worst Inflation in US History Is About to Get Much Worse!


Peter Schiff and Tucker Carlson discuss how 2021 real inflation rate was the worst in US history and why it's about to get much worse. Housing prices are soaring, production is tanking, energy prices are surging, and the cost of living is far outpacing wage growth.

Peter Schiff: A Fed Policy Error That Will Live In Infamy


Markets recover most all of their Black Friday losses. Fed can’t fight inflation without deflating inflated economic bubble. Data shows biggest drop in productivity in 62 years. 

Consumer prices are headed much higher. Real wages are headed much lower. Bitcoin is a lousy store of value in terms of Ethereum. 

Americans made real sacrifices during World War 2, not during the war on Covid. US would have to fund a war with China by borrowing money from China.

- Source, Peter Schiff

Thursday, October 21, 2021

Peter Schiff: Inflation Burns While the Fed Fiddles


Peter Schiff discusses the rapidly rising inflation rates around the world in just about every consumer sector.

Meanwhile, the Federal Reserve is perfectly content to put their blinders on and ignore the reality around them. To admit any differently, would be to admit defeat, resulting in an implosion of our fragile fiat based system.

Can interest rates even be raised? If so, what would it do to our incredibly indebted society?

We truly are living in a house of cards.

Thursday, September 16, 2021

Peter Schiff: Tapering the Taper Talk


I mistakenly said the Fed only lowered interest rates to 1% following the 2008 financial crisis, when it was after the Dot com bubble burst that the Fed stopped at zero. 

1% was the rate that inflated the financial bubble. Rates went to zero for the first time following during the financial crisis.

- Source, Peter Schiff

Saturday, September 11, 2021

Peter Schiff: Less Loose Is Not Tight


Fed will talk about tapering until it can use Delta as an excuse not to. Bitcoin is irrelevant to monetary policy. 

Accepting Bitcoin for mortgage payments is a publicity stunt, not a use case. 

Fed uses owner’s equivalent rent data to hide the scarier actual rent data. FDR may have killed the dollar, but Nixon helped bury it.

- Source, Peter Schiff

Tuesday, September 7, 2021

The Schiff Report: The Day the Dollar Died


Remembering August 15th, 1971, the day Nixon officially closed the gold window, killing all that remained of honest money. 

The gold dollar died and the fiat era was born. The Schiff Gold promotion ends Friday Aug. 20th.

Friday, September 3, 2021

Stimulus Even Harder to Exit Than Afghanistan


Markets spooked by CNBC interview with Boston Fed President. Higher inflation leads to more poverty and a wider wealth gap. 

Food stamps are really money stamps. 

Media campaigns to soften up the public to inflation. Stimulus postponed the pain for some, but it’s about to come due. 

Jerome Powell warns Americans to prepare for a recession. Fed created a dollar crisis in response to the looming financial crisis.

- Source, Peter Schiff

Peter Schiff: Fifty Years of Fiat Failure


Rising costs increasing producer pricing. 

US home prices rising at fastest pace in history while affordability hits record low. 

Trade deficit continues its path higher. Inflation exposed in increased export prices. 

The whole of this tightening cycle will be all talk and no rate hikes. 

Consumer sentiment goes lower as consumer prices go higher. 

Fed in Catch-22 with consumer sentiment. 

We left the gold standard 50 years and may soon leave the dollar standard.

- Source, Peter Schiff

Tuesday, August 17, 2021

Peter Schiff: Central Banks Have Inflated the Mother of All Bubbles


Jack Dorsey’s Square acquires afterpay in largest corporate takeover in Australian history. 

Activision discriminates against Republicans, not women. 

Black Women’s Equal Pay Day is based on nonsense. 

Gender pay gap in women’s soccer is a result of their own choices.

- Source, Peter Schiff

Friday, August 13, 2021

Peter Schiff: Markets Move on Fantasy, Ignore Reality


  • Wall Street trading on “garbage in, garbage out” algorithm. 
  • Another month, another record trade deficit. 
  • Moratorium on student loan payments extended. 
  • Eviction moratorium will send rent prices skyrocketing. 
  • Supreme Court says eviction moratorium is unconstitutional; Biden extends it anyway. 
  • AOC says we have a supply and demand problem. CNBC baits Lyft CEO for a Bitcoin headline.

Saturday, July 31, 2021

Peter Schiff: COVID Isn't the Reason Markets Got Sick


Bitcoin gets skipped over in investors’ rush to safe havens. 

Gold mining stocks have never been a better deal. 

Fiscal stimulus without monetary stimulus is no longer possible. 

Bitcoin has a sucker’s rally after getting comfortable below $30k.

Tuesday, July 27, 2021

Schiff: PBS Frontline Misses the Fed's Real Power to Destroy


The power to inflate is the power to destroy. 

Fed ensures most Americans are living on the edge. 

Quantitative Easing is just another word for government debt monetization. 

We’re always just one bubble away from the next financial crisis.

Government creates a moral hazard with every subsidy it gets involved in. 

Power is most dangerous when it’s not understood by those wielding it.

- Source, Peter Schiff

Friday, July 23, 2021

Peter Schiff: Fed Bets the Farm on Transitory Inflation


Government data says inflation worse than the 80s; real data says inflation already worse than the 70s. 

Hypocritical Republicans criticize Biden for the same policies they pushed for under Trump. 

Jerome Powell claims economy is great, but it needs the same amount of stimulus as when it was crashing. 

Fed claims to have the tools to fight inflation if it gets too high, but not using them now proves they don’t. 

Powell admits people aren’t working because they’re being paid not to.

- Source, Peter Schiff

Wednesday, July 14, 2021

Peter Schiff: Everything Is Awesome Because the Fed Says So


Bond market sells off for opposite reason it rallied a week prior. Institutions are not rushing in to buy Bitcoin. 

Huge Socialist agenda moving forward using covid as the excuse. 

Biden vows to grow government and use it against entrepreneurs and small business owners. 

We’ve barely begun to pay the piper for all the inflation the Fed has created.

Friday, July 9, 2021

Political Hypocrisy on Inflation Lets Fed Escape Blame


Fed triples its estimated duration of transitory inflation. 

Republicans have no credibility to criticize government spending and money printing. 

Fed vows to make the rich richer and the poor poorer by focusing on employment rather than inflation. 

Jerome Powell refuses to acknowledge whether being paid more to not work discourages employment.

- Source, Peter Schiff

Sunday, July 4, 2021

Peter Schiff: Investors Call Bullard Bluff


Markets begin to comprehend the Fed’s powerless against inflation. Oil prices may put the nail in the coffin of transitory inflation. 
Crypto traders unload their Bitcoin on Microstrategy.
Microstrategy’s diamond hands are made of glass.

- Source, Peter Schiff

Wednesday, June 30, 2021

The Fed's "No Stick" Monetary Policy


Jim Bullard undoes Jerome Powell’s damage control. 
Fed goes from not thinking about thinking about raising interest rates to now talking about talking about raising interest rates. 
Fed’s monetary tightening is as believable as George Costanza’s house in The Hamptons. 
Bitcoin looks for lower support.

Sunday, June 20, 2021

Peter Schiff: Financial Media Downplays Inflation Risk


Inflation is on the rise and so is denial about it. 

Oil prices reach their highest levels since Covid began. 

Broken bond market and rising stock market are not evidence of low inflation. 

Janet Yellen admits higher inflation is coming, but says it’s a good thing. 

Global minimum tax is a big negative for the world.

Friday, June 11, 2021

Peter Schiff: The US Dollar is a Meme Currency Now


Contradictory jobs reports creating market volatility. 

Russia begins dumping dollars and buying other currencies and gold. 

AMC buyers think they’re sticking it to the man as they hand their money to institutions. 

Bitcoin 2021 kicks off in Miami. 

Ron Paul does not believe in Bitcoin. 

Gold has never been easier or cheaper to authenticate.

- Source, Peter Schiff

Friday, May 28, 2021

Peter Schiff: Bitcoin Is Nothing Like Gold


Rotation continues from momentum to value as Bitcoin investors turn to gold. China is the excuse, not the reason for the Bitcoin bubble bursting. This Crypto Winter may be the longest and most brutal of all.

- Source, Peter Schiff

Thursday, April 29, 2021

Powell Guarantees Fed's Indefinite Economic Support


Our leaders, including Chairman Powell, are cowards. 

You can’t buy what hasn’t been produced, no matter how much money is printed. 

Bitcoin price moves up ahead of Coinbase offering. 

Michael Saylor’s latest propaganda stunt proves Bitcoin is neither currency nor money.

Tuesday, April 20, 2021

Peter Schiff: The Fed Can't Put Inflation Genie Back in the Bottle


Jamie Dimon touts optimistic fairy tales. Moratoriums on evictions and student loan payments boosting consumer spending. 

The 70’s were an economic disaster because of the policies of the 60’s. Fed betting the house on inflation being transitory. 

China’s digital Yuan threatens both Bitcoin and the US Dollar.

- Source, Peter Schiff

Tuesday, March 30, 2021

Peter Schiff says this is the only cryptocurrency that makes sense


Peter Schiff has been a vocal opponent of Bitcoin, but in an interview with Kitco News on Wednesday, he said there is a form of cryptocurrency that he could potentially support. 

The chief market strategist of Euro Pacific Asset Management told Kitco News that a “legitimate” cryptocurrency is a gold-backed token that could replace fiat currencies in utility.

- Source, Kitco News

Friday, March 26, 2021

Peter Schiff: Fed is Trapped; Will Either Bankrupt the Government or the American People


The Federal Reserve has trapped themselves; either they raise interest rates and bankrupt the Treasury, or they don’t raise rates, let inflation spiral out of control, and bankrupt the American people, said Peter Schiff, chief market strategist at Euro Pacific Asset Management.

- Source, Kitco News

Saturday, March 20, 2021

Sunday, February 14, 2021

When Neel Kashkari Speaks, Smart People Buy Gold


Quieter day in the markets with notable moves in oil.
Dollar consolidating before its next move down.
Kashkari believes inflation is purely psychological.
Outsourcing will boom under Democrats.
New York is paying people to get COVID at “Covid Parties.”
Visa uses Bitcoin for cheap publicity, not for DeFi.


- Source, Peter Schiff

Saturday, February 6, 2021

Peter Schiff: The Money Printer Will Lead to Our Demise


Coming straight from the Federal Reserve, we started this period with around 4 trillion US Dollars in the system.

One year later, that number is at 6.7 trillion dollars. Meaning that over 40% of all US dollars were printed in just the last 12 months.

And from the looks of it, no one seems to be in a rush to slow things down. And strangely enough, we haven’t seen much inflation for everyday goods like gas and food?

Prices definitely haven’t gone up anywhere near 40%?. Where’s the inflation?


- Source, Peter Schiff

Monday, January 4, 2021

Peter Schiff: The Dollar’s Loss Is Not America’s Win


Dollar melts down toward new lows. 
Tesla added to S&P, making the index even more overvalued. Exporting is a means to pay for importing.

- Source, Peter Schiff