Peter Schiff
Economist/financial commentator; posts on macro, Fed/inflation, USD vs. gold/bitcoin; active debates on currency themes.
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 economic. Stop financing our deficits and watch everything implode. That's how you win a war before it starts. FortKnox #Gold #Economy #Dollar #Geopolitics #EconomicWar #America
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...
Prolonged Middle East Conflict Will Spike Oil and Inflation
Everyone thinks this war will be quick, clean, and somehow end with peace across the Middle East. That’s fantasy. We’ve heard this story before. Iraq. Afghanistan. Politicians promise “mission accomplished” and the real problems start right after. Markets are still far too optimistic...
Weak Dollar Often Worsens, Not Fixes, Trade Deficit
A Weak Dollar Won’t Fix the Trade Deficit There’s a popular belief that a weaker dollar will reduce the U.S. trade deficit by boosting exports and reducing imports. In the short term, the opposite often happens. When the dollar falls, imports immediately become...
De-Dollarization Undermines US Military Financing Power
De-Dollarization Threatens US Military Power The dollar’s role in global trade is shrinking. As it loses value, I see us losing influence and even military strength, because our military depends on financing powered by the dollar. The markets are already showing...
Global Wealth Shift: US Cuts, Overseas Gains Ahead
A Massive Global Wealth Transfer Is Coming Americans will consume less, the rest of the world more. Capital is flowing overseas. This isn’t a crisis, it’s a wealth transfer — and there are winners if you know where to look. PeterSchiff #Economy...