Peter's Blog

Trump and Sanders Prove Americans Not Confident in Economy (Video)

Peter Schiff locked horns with National Alliance Securities Global strategist Andy Brenner on Fox Business yesterday. Brenner said he believed the Fed would raise interest rates at least twice this year, citing strong employment numbers as a sign the economy is doing OK. But Peter countered, saying the US economy is already in a recession, […]

Anti-Gold Bug Says “Buy Gold!” (Video)

Veteran trader Dennis Gartman appeared on CNBC Futures Now yesterday and he made it clear right up front that he is not a “gold bug.” I’m not a gold bug. I don’t like the gold bugs. I’m not a believer that the world is coming to an end.” After that disclaimer Gartman, the anti-gold bug […]

Peter Schiff: $5,000 Gold is Coming (Audio)

Peter Schiff did an interview with Rick Wiles of TRUNEWS on Monday and said $5,000 gold is coming. Peter reiterated his belief that the economy is already in a recession, and Fed will drop rates back to zero. After that, he said the central bank will initiate another round of quantitative easing. He made his […]

The Printing Press: A Great Way to Fool People – Peter Schiff’s Gold Videocast with Albert K Lu (Video)

In his most recent Gold Videocast for SchiffGold, Albert K Lu interviewed John Rubino, founder of DollarCollapse.com. Rubino had a pretty compelling explanation for why there wasn’t a massive, sustained economic collapse a decade ago, and why he thinks it’s still lurking on the horizon. The reason that we’re still here, when we really should have […]

David Stockman: Recession Is Going to Engulf the Whole World (Video)

Despite mounting data pointing toward a recession right around the corner, many mainstream analysts continue to insist that declining stock markets and other signs of economic turmoil are just a blip on the radar and things will quickly turn around. David Stockman appeared on CNBC’s Futures Now last Friday and blasted this bullish line of […]

Jim Grant: As Bullish as He’s Been on Gold (Video)

Jim Grant didn’t hesitate when asked. He sees the price of gold is going up. Grant made the rounds Wednesday, appearing first on CNBC, saying he thinks the US is already in a recession, and we can expect even crazier monetary policy in the future. Then he did an interview with The Street and made […]

The US Is Already in a Recession; Get Ready for Some Crazy Monetary Policy (Video)

Jim Grant appeared on CNBC’s Closing Bell and unhesitatingly said he thinks the US economy has already gone into recession: I think we are in one…I think there’s a defensible case to be made that a recession began late last year.” Grant echoed what Peter Schiff has been saying. In his Gold Videocast last week, […]

Peter Schiff’s Gold Videocast — Adrian Day on Gold in 2016 (Video)

In his inaugural Gold Videocast for SchiffGold a few weeks ago, Albert K Lu interviewed Adrian Day, CEO of Adrian Day Asset Management. Day said he believes the gold market is “consolidating, bottoming, and turning around.” The last couple of weeks seem to confirm Day’s insight. Since hitting its low the day after the Federal […]

Oil Prices and Stocks Crashing for the Same Reason (Video)

Peter Schiff recently appeared on Newmax Prime with J.D. Hayworth and tackled the issue of falling oil prices and crashing stock markets, saying there is no causal relationship between the two. In fact, both are crashing for the same reason: Wall Street is just trying to blame the carnage in the stock market on oil […]

Central Bankers Driving Us Toward Uncertain but Gloomy Future

In a recent interview published at the Daily Bell, Anthony Wile engaged in a wide-ranging discussion with economist and investment expert Marc Faber. Wile and Faber hit on a wide range of subjects from oil markets, to agricultural lands, to the future price of gold. Faber said we shouldn’t follow the media lead and blame […]