Sunday , June 20 2021
Home / Peter Schiff (page 30)
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

Fun on Friday: Yukon Cornelious’ Misguide Quest

Now it’s time to talk Christmas!I know. A lot of people started with Christmas the day after Halloween. This absolutely drives me crazy. Why do we just skip over Thanksgiving? Thanksgiving is a magnificent holiday! I mean, it’s important to give thanks. And who doesn’t want to eat large amounts of delicious food and watch football? But in this day and age, Thanksgiving gets completely run over by Christmas.Well, not at the Maharrey house. You won’t hear the first note of Christmas music...

Read More »

Back to Reality: SchiffGold Friday Gold Wrap Dec. 4, 2020

After a dismal November, gold and silver are starting to show some signs of life. But what caused the big drop in the price of precious metals last month? Was it warranted? In this episode of the Friday Gold Wrap podcast, host Mike Maharrey looks at the economic and monetary fundamentals and tries to bring us back to reality. He argues that despite the optimism about a coronavirus vaccine, nothing will fundamentally change.The SchiffGold Friday Gold Wrap podcast combines a succinct summary...

Read More »

Back to Reality: SchiffGold Friday Gold Wrap 12.04.20

After a dismal November, gold and silver are starting to show some signs of life. But what caused the big drop in the price of precious metals last month? Was it warranted? In this episode of the Friday Gold Wrap podcast, host Mike Maharrey looks at the economic and monetary fundamentals and tries to bring us back to reality. He argues that despite the optimism about a coronavirus vaccine, nothing will fundamentally change. You can visit the show notes page here: https://bit.ly/3ostVjR...

Read More »

Fed Would Need to Double Quantitative Easing to Keep Pace With US Debt

The US government is increasingly relying on the Federal Reserve to prop up the Treasury market and absorb the trillions of dollars in bonds it’s issuing in order to fund its massive budget deficits. The Fed now holds a record 16.5% of US debt. And it’s going to have to buy trillions of dollars of additional Treasuries in 2021 to keep pace with government borrowing.In other words, there is no end in sight to quantitative easing. In fact, the central bank will have to double its scheduled...

Read More »

Peter Schiff: Government “Help” Is Not Helping

The stock market is booming as everybody anticipates an end to the coronavirus pandemic with the rollout of a vaccine. But as Peter Schiff pointed out in this podcast, the rally isn’t really about a cure for COVID. It is being driven by government and central bank policies meant to shield us from the pain of the pandemic. The problem is this government “help” really isn’t helping. In fact, it’s made a bad situation much worse.The Dow Jones was up 11.8% last month. It was...

Read More »

17 Million Americans Behind on Mortgage or Rent Payments

Even as market mania continues over hopes for a coronavirus vaccine, the economic devastation caused by the government response to the pandemic continues to ravage the economy.  Seventeen million households are behind on rent or mortgage payments, and nearly 6 million Americans say they are at risk of eviction in the next few months.According to a survey by the US Census Bureau, roughly 5.8 million adults say they are somewhat to very likely to face eviction or foreclosure in the next two...

Read More »

Why Pierre Lassonde Thinks We Could See $15,000 Gold (Video)

Pierre Lassonde has said gold could skyrocket to $15,000 to $20,000 an ounce as the Dow-to-gold ratio falls to 1-to-1. Has his view changed?Lassonde is the founder of Franco-Nevada Mining Corporation. He recently sat down with Daniela Cambone to talk about the state of the gold market. He said not only can he still see a path to $15,000 gold, he now sees the catalyst that could take bring the price of gold into parity with the Dow — massive government debt in response to COVID-19. During...

Read More »

Foreign Share of US Debt Plunging; Fed Picking Up the Slack

Over the last year, the US government had borrowed over $4.2 trillion. The national debt now stands well above $27 trillion. There is no end in sight to the borrowing and spending and that raises a significant question: who is going to buy all of the bonds necessary to finance the government spending machine?Not too long ago, Uncle Sam could count on foreign investors to gobble up a big chunk of his IOUs, but times are changing. In 2008, foreign investors held more than half of the...

Read More »

Gold Stands the Test of Time

Peter Schiff spoke with Jay Martin backstage at the Cambridge Gold Summit. During the discussion, Peter and Jay took a step back from the immediate market volatility and news of the day to look at the big picture. Gold was a topic of discussion and Peter emphasized that the yellow metal has stood the test of time when it comes to preserving wealth.Jay and Peter started the discussion by talking about the presidential election. Peter said on the margin, the person in the White House might...

Read More »

Fun on Friday: Why Is It Called Black Friday?

Well, it’s another Black Friday and I didn’t go shopping.That’s my tradition.I know a lot of people who have Black Friday traditions. My grandmother always got up and went out at the crack of dawn with one of her friends. I know some people who like to get up at like 3 a.m., eat breakfast at Waffle House, and then hit the stores.No thanks.I have never gotten up to join the Black Friday hordes. There isn’t a Walmart deal ever conceived that can entice me to go shopping at 5 a.m. I like to...

Read More »