Latest
The Truth Behind the Strong Job Market Hype – Ep 832
· Jobs report evidences a weak, not strong, economy. · Putin delivered price cuts, not price hikes. · Going into debt is not a sign of prosperity. · More people jobless than ever before. · Gold market shows strength.
Damn the Recession, Rate Hikes Ahead – Ep 831
· Treasury yields surge. · Fed forgets about inflation averaging. · Households take on all time record debt. · Nominal wages are going up, but real wages are collapsing. · China can do more damage to our economy without harming Nancy Pelosi. · Buy gold before the Chinese beat you
U.S. in Recession Amid Weak Labor Market – Ep 830
· U.S. goes into recession; Biden and Fed deny it. · Media goes along with redefining recession. · The Inflation Reduction Act will increase inflation. · Forex and gold investors finally figuring things out. · Bond investors still clueless.
Powell Gets Democrats’ Memo to Redefine Recession – Ep 829
· Fed meets market expectations with 75 basis point rate hike. · Jerome Powell sidesteps recession questions. · Walmart confirms consumer weakness. · Gold may have found a bottom. · Gold miners rally. · Any rally in Bitcoin is a selling opportunity.
Recession Deniers Waking up to Reality – Ep 828
· More data pointing to a worsening economy. · ECB hikes rates for first time in 11 years. · Dollar looks to have topped out. · Gold looks to have bottomed. · Tech companies hurting as advertisers flee.
Unwarranted Optimism Lifts Stocks, Pressures Gold – Ep 827
· U.S. stock markets rally. · Home builder sentiment will go from new highs to new lows. · Elon Musk dumps Bitcoin. · Taxes in California are higher than Sweden. · American standard of living has declined since the 1960’s.
A Tale of Two Dollars – Ep 826
· Consumer prices reported hotter than expected. · Dollar is rising on the greater fool theory. · Inflation is not a product of expectations. · It’s good politics to talk about fighting inflation. It’s horrible politics to actually fight it. · Investors sheltering in the U.S. dollar abroad are in
Official Inflation Hits Another New High – Ep 825
· Inflation is soaring across the world. · U.S. monetary and fiscal policies are at odds with each other. · Motor vehicle repair costs have highest increase since the 1974. · Dollar rises as gold tanks. · Gold stocks are at bargain prices. · Don’t fall for bait and switch
A Surge in Moonlighting Evidences Weakness Not Strength – Ep 824
· Dollar strengthened and gold tanked. · Needing a second crappy job is not good news for the economy. · Shinzo Abe was assassinated before he could be held accountable for his disastrous economic policies. · Peter Schiff was right about Elon Musk’s Twitter bluff. · Bitcoin big shot advocates
Peter's Blog
Peter Schiff Promises to work with the Puerto Rican Banking Commissioner
July 8, 2022 Peter Schiff Promises to work with the Puerto Rican Banking Commissioner (OCIF) to correct financial capitalization deficiencies, or any other possible regulatory problems
THE FED GIRDS FOR BATTLE
It’s the Fed’s “hold my beer” moment. After more than a year in which Federal Reserve leadership appeared clueless, pollyannish, and indecisive, the Fed is
MARCH MADNESS IN THE BOND MARKET
There was a little March Madness on Wall Street. In fact, the month turned into an old-fashioned blood bath. But you wouldn’t have found any carnage in
