Peter's Blog

Gold Reaches $3,000 for the First Time in History

On March 17th, history was made in the commodity that has been used as a unit for exchange for millennia. In 2005, gold was a mere $500 per ounce. Now, twenty years later, gold is up 600% to $3000 per ounce. This growth outperformed both the NASDAQ and the S&P 500 over that timespan, even […]

Precious Metals Shine Amid Market Turmoil

In the wake of President Trump’s recent tariff policies, the American financial landscape has been thrown into turmoil. Investors and consumers alike are feeling the pinch as the stock market reels and recession fears loom. However, amidst this economic uncertainty, one asset class has emerged as a beacon of stability: precious metals, particularly gold.

Bessent is Right: The Economy Needs a Detox

Treasury Secretary Scott Bessent is right when he says that the economy needs a “detox.” To fix the problems created by decades of artificially-low interest rates, soaring deficits, out-of-control spending, a dying manufacturing base, and central bank meddling, there has to be a little bit (or a lot) of pain.

Idaho Eliminates Income Taxes on Gold and Silver, Cuts Overall Rates

On March 6th, Idaho officially ended state income taxation on gains from gold and silver transactions, as part of the largest tax relief initiative in state history—a sweeping reform that underscores Idaho’s commitment to sound monetary policy amid turbulent economic conditions.

EU Uses War to Justify More Debt

Trump’s relatively anti-war approach to foreign policy is a breath of fresh air, but his attitude is not popular among certain European leaders. The president’s latest comments on NATO, in particular, have spooked the EU into funding military expansion by debt, reminding the world of the age-old connection between central banking and war.

Peter Schiff: We Can’t Rely on Trade Barriers

On Tuesday’s episode of the Peter Schiff Show, Peter Schiff tackles the chaotic state of the markets following another round of tariff increases from President Trump. Peter critiques the logic behind tariffs, examines the unraveling of consensus trades like the AI investment frenzy, and highlights potential pitfalls facing American investors who have placed misguided faith […]

Tariffs Uncovered: Bastiat’s Insight into Hidden Costs

Another week goes by, and rumors of new trade wars ebb and flow. Tariffs are a perfect example of economist Frédéric Bastiat’s concept of the “seen and unseen.” Protectionists tout tariffs as a way to protect American jobs, but they fail to see the subtle, slower effects of their policies that ultimately make Americans worse […]

Schiff on X Spaces: Bitcoin is Plummeting

On Monday’s X Space, Peter delivers a stark warning on the fragility of the Bitcoin bubble, escalating inflation risks, and why a return to sound money via a gold standard may be inevitable. Diving into recent market turmoil, he cautions investors about the impending crypto collapse, analyzes misguided tariff strategy, and emphasizes the value of […]

Stocks Falter as Trump Hints at Economic Shift

Major stock indexes stumbled on Monday following remarks from former President Donald Trump that suggested the U.S. economy might be in for a transition period. The Dow Jones Industrial Average dropped 890 points, a 2.1% decline, while the S&P 500 fell 2.7% and the Nasdaq Composite slid 4%. Government bond yields ticked lower, with the […]

Schiff on Sachs Realty: It’s Time for An Economic Reckoning

In his recent appearance with Todd on the Sachs Realty Podcast, Peter Schiff paints a sobering picture of America’s current economic landscape, challenging mainstream narratives promoted by Wall Street and the Federal Reserve. Throughout the discussion, he covers alarming trends from unsustainable debt levels and hidden recessions to mounting inflation and misguided trade policies, warning […]