Tuesday , May 18 2021
Home / Peter Schiff (page 20)
The author Peter Schiff
Peter Schiff
Peter David Schiff (born March 23, 1963) is an American financial analyst, stockbroker, author, and one-time Senate candidate. He has appeared as a guest on numerous financial television shows and has been quoted in major print publications as a financial analyst and economist. He is host of The Peter Schiff Show, an audio show broadcast on terrestrial and Internet radio, and he was formerly host of an Internet podcast called Wall Street Unspun, now archived as podcasts.

Peter Schiff

Three Records Broken in 2020 That Were Less Than Ideal

With the coronavirus pandemic serving as a backdrop, 2020 was a record-breaking year in many ways. And some of the economic records that fell were, shall we say, less than ideal. In fact, the impacts of these records will almost certainly ripple through the economy as we move into 2021.Here are three records that fell last year that didn’t get nearly as much attention as they should have.To begin with, the money supply grew at a record pace in 2020.As measured by the True Money Supply...

Read More »

Peter Schiff: Are Global Financial Markets Beginning to Decouple?

The first trading day of 2021 was, as Peter Schiff put it, “atypical.”In his first podcast of 2021, Peter analyzed the unusual day on Wall Street and explored a significant question: are we beginning to see the decoupling in the global financial markets that he’s been predicting for years?The major indexes opened up but then closed sharply down on the day. The Dow Jones set a new record before falling 382 points. The S&P 500 set a record and then dropped 1.5%. The...

Read More »

Gold and Silver Chart Best Year in a Decade

The year 2020 will not go down as a banner year, but it was fantastic for gold and silver. Both metals charted their best years since 2010.On New Year’s ever 2019, gold was trading at $1520.90. It closed the year at $1892.90 for a 24.5% gain.Gold endured a lot of volatility in 2020. After pushing above $1,650 in early March, it dropped below $1,500 briefly as economies locked down for the pandemic, but quickly rebounded and charged to a new record over $2,000 an ounce in August. The fall...

Read More »

Peter Schiff: Will 2021 Be the Year the Chickens Come Home to Roost?

There aren’t many people sad to see 2020 in the rearview mirror. But there’s no guarantee that 2021 is going to be any better. In his podcast final podcast of 2020, Peter Schiff said that hopefully, the upcoming year will be better healthwise in terms of COVID-19, but economically, this could be the year the chickens come home to roost.Not just the ones that we let out in 2020 but the ones we have been letting out for the years and years and years that preceded 2020.”[embedded...

Read More »

Fun on Friday: Have You Made Your Pet’s New Year Resolution?

It’s time to bid a fond farewell to 2020. Good riddance and don’t let the door hit you in the butt on the way out!Of course, the New Year also means it’s time for — resolutions.Confession: I’ve never been good at resolutions. In fact, I refuse to make them. Why set yourself up for failure? But get this; now I’m not only supposed to make resolutions for myself. I have to make them for my pets!Ummm – no.The city of Jacksonville, Florida’s, Animal Care and Protective Services offered a list...

Read More »

Peace Out 2020! SchiffGold Friday Gold Wrap Dec. 31, 2020

The year 2020 is coming to a merciful end. As it was with pretty much everything, it was a nutty year for the economy and the precious metals markets. We all hope 2021 will be better, but it seems unlikely that it will be any less nutty. In this special Thursday episode of the Friday Gold Wrap podcast, host Mike Maharrey takes a look back at 2020 and speculates on what could lie ahead in 2021. The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week’s precious metals...

Read More »

Peace Out 2020! SchiffGold Friday Gold Wrap 12.31.20

The year 2020 is coming to a merciful end. As it was with pretty much everything, it was a nutty year for the economy and the precious metals markets. We all hope 2021 will be better, but it seems unlikely that it will be any less nutty. In this special Thursday episode of the Friday Gold Wrap podcast, host Mike Maharrey takes a look back at 2020 and speculates on what could lie ahead in 2021. You can visit the show notes page here: https://bit.ly/38ODlA3 Tune in to the Friday Gold Wrap...

Read More »

The World Is Awash In Negative Yielding Debt

So far, the US has escaped negative interest rates as a matter of central bank policy. Back in May, many thought a Fed move to negative rates was a real possibility. Of course, much of the world has operated under negative rates as a matter of policy for years. The European Central Bank (ECB) launched negative rates in June 2014. The Bank of Japan (BOJ) introduced negative rates in January 2016. Both are still maintaining a negative rate policy today.While the Fed has resisted the...

Read More »

This Fed Policy Is “Scandalous”

Peter Schiff has been saying that all of the “help” the US government and the Federal Reserve have offered up during the coronavirus pandemic isn’t helping. In fact, it’s made the situation worse. In a podcast last month, Peter said that all of the money printing and stimulus allowed people to keep spending, but they aren’t producing anything.The problem is government doesn’t seem to understand the difference between money that is actually earned by being productive and money you get just...

Read More »

Ron Paul: The Great Crackup Is Coming

Peter Schiff has been driving home the fact that the Fed’s extraordinary monetary policy isn’t helping the economy. In fact, it’s setting the stage to destroy it.Peter points out that the Fed seems to think inflation is the cure for what ails us. That means the monetary and fiscal policies that resulted from COVID are here to stay.In fact, they’re going to be expanded, especially here in the United States because we took on so much additional debt to fight COVID – now the problem is the...

Read More »