Peter Schiff
Economist/financial commentator; posts on macro, Fed/inflation, USD vs. gold/bitcoin; active debates on currency themes.
Tokenized Gold Beats Crypto as Value and Currency
The Future of Crypto Is GOLD – Here's Why Gold just won the crypto war. Stablecoins pay zero interest. Bitcoin has no value AND is a terrible medium of exchange. Tokenized gold? It's a store of value AND a great medium of exchange. The irony: blockchain didn't make gold obsolete. It made gold better. gold #bitcoin #crypto #tokenizedgold #blockchain #peterschiff #investing
Trump’s Spirit Airline Plan Betrays True Capitalism Principles
Trump wants to buy Spirit Airlines to "save jobs." That's not capitalism. Companies exist to serve customers at a profit – not as government jobs programs. If the market couldn't make it work, the government can't either. Taxpayers pay, real businesses...
Rising Oil and Rates Signal Impending Housing Collapse
Oil, rates, and housing – here's what I see coming: • Oil to $120-150 by fall • 10-year yield at 4.43% and climbing • Housing market about to get crushed • Higher fuel = recessionary You're spending the same but getting less." oil #economy #recession #housing...
Buy Mining Stocks on Bad News, Profit Later
My favorite time to buy mining stocks? When there's bad news. Production delays. Accidents. Setbacks. Other investors panic. I accumulate. Why? The gold is still in the ground. They're just digging it out LATER. And later = higher prices. Be patient. Be contrarian. MiningStocks #BuyTheDip...
Economic Pressure, Not Military Might, Can Cripple America
I just read France sold all their gold from Fort Knox and moved it out of US custody. I think we've projected our military strength as a threat to the world. The way to disarm America isn't military - it's...
Calling Out Hypocrisy: Threats After Supposed Iran Strike
"With great power comes great responsibility." We claimed Operation Midnight Hammer wiped out Iran's nuclear capability 8 months ago. Now suddenly there's an "imminent threat"? You can't claim to liberate a population while threatening to bomb them back to the Stone Age....
Shift From Overvalued US Stocks to Gold, Silver, EM
Why I'm Selling U.S. Stocks and Buying Gold Instead The Dow's up almost 1,000 points but it was overvalued before and there's still way too much complacency. Here's the catch though – don't sit in cash. The dollar is just as overvalued. I'm...
Buffett & I Reject Fed’s 2% Inflation Goal
Warren Buffett doesn't believe in the Fed's 2% inflation target. Neither do I. If the goal is "price stability," - why ANY inflation? That 2% compounded is robbing your purchasing power. Here's a thought: What if prices should actually go DOWN? Everyone...
Debt Could Surge $11 Trillion Under Trump’s Term
The National Debt Could Hit $50 Trillion Trump says we need short-term pain for long-term gain – but I'm not hearing anything about cutting government spending or raising taxes to cover the $50 billion we keep borrowing. I'm predicting the national...
All Central Banks Share the Same Inflation Blunder
Powell's Inflation Excuse – It's All BS! Powell: "Inflation was global so you can't blame us." Me: That's BS. Every central bank made the same mistake – cutting rates, printing money, flooding economies. That doesn't excuse the Fed. It proves they ALL...
Fed Inaction Fuels Gold Surge via Falling Real Rates
The Fed’s Inaction is a Green Light for Gold Here’s my take: The data confirms the Fed is way behind the curve. Inflation is out of control, and they can’t rein it in. Their failure to hike rates isn't bearish for...
Money Printing Steals
AI Productivity Stolen By Inflation 1. AI expands the supply of goods and services. That should mean lower prices for you—a pure win. 2. But that win gets stolen. The system prints more money, inflating prices to "offset" the natural drop....
High Oil Prices Aren’t Inflation, Policy Is
The Oil Price Myth Everyone Believes Oil’s near $93 a barrel. War is a factor, but prices were rising anyway. Key point: Rising prices from a shortage ≠ inflation. True inflation will come from the policies we ramp up because of...
Silver's Breakout Signals Buying Chance as Miners Plunge
Silver just made a massive breakout, and the next explosive move could start any day. If you’ve been waiting for a “better entry,” this is the moment the market often doesn’t give you one. Meanwhile, gold & silver mining stocks (GDX...
U.S. Housing Bubble Frozen, Equity at Risk
The U.S. housing market isn’t slowing down, it’s frozen. Homes are massively overpriced, and when prices finally fall, millions of homeowners could lose their equity and banks will be stuck with bad mortgages. This is exactly what happens when decades...