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Jan 17, 2025 | 
sgtreport.com | Peter Schiff
by Peter Schiff, Schiff Gold:Gold futures soared on the back of yesterday’s December’s Consumer Price Index (CPI) data, climbing by $29.50 (1.10%) to settle at $2,722.60 for the most active February contract. The U.S. Bureau of Labor Statistics revealed that overall inflation rose 0.4% in December—exceeding November’s 0.3% pace and slightly above economists’ consensus of 0.3%.
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Jan 14, 2025 | 
quoththeraven.substack.com | Peter Schiff
By Peter SchiffThe 10-year treasury yield rocketed up to near 5%, and analysts say it’s because the economy is strong despite higher inflation. But if the economy is so strong, why are Americans so indebted, cash-poor, and desperate? The recent spike in 10-year yields has been explained away by many as the result of a strong economy, but they fail to mention that high inflation makes the 10-year yield harder to contain.
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Jan 11, 2025 | 
sgtreport.com | Peter Schiff
by Peter Schiff, Schiff Gold:For all of economic history, gold has served as the preeminent money. Individuals holding gold could rest easy knowing they had a hedge against economic uncertainty, at least until President Franklin Roosevelt made it illegal to own the yellow metal. 50 years after this tyrannical edict was repealed, sound money advocates should thank Gerald Ford for restoring gold to its rightful monetary role.
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Jan 10, 2025 | 
quoththeraven.substack.com | Peter Schiff
By Peter SchiffGold suddenly appears momentarily correlated with the US Dollar Index (DXY). How can gold, a store of value and inflation hedge against dollar inflation, be following the price movements of the same inflationary currency it’s supposed to be protecting you from?
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Nov 24, 2024 | 
noqreport.com | Peter Schiff
(Zero Hedge)—With soaring deficits, soaring debt, and interest payments that can only be made by issuing a debt-based currency on which even more interest will be due, the USD can only possibly be described as an elaborate nation-state level bankster Ponzi scheme. Dollars are backed by debt, which requires infinite economic growth to service. Without constant inflation to erode the debt’s value, transferring wealth from savers to the government and bankers, it all falls apart.
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Nov 24, 2024 | 
americafirstreport.com | Peter Schiff
(Zero Hedge)—With soaring deficits, soaring debt, and interest payments that can only be made by issuing a debt-based currency on which even more interest will be due, the USD can only possibly be described as an elaborate nation-state level bankster Ponzi scheme. Dollars are backed by debt, which requires infinite economic growth to service. Without constant inflation to erode the debt’s value, transferring wealth from savers to the government and bankers, it all falls apart.
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Nov 20, 2024 | 
sgtreport.com | Peter Schiff
by Peter Schiff, Schiff Gold:Gold began dipping before the election on November 5th, and with Trump’s win, it has crashed even further. We know that Trump wants a strong US dollar, so does his victory spell trouble for the yellow metal? As Trump promises to pump up markets, long-term interest rates are continuing to show upward pressure. Once they reach a certain point, markets would be crushed.
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Nov 8, 2024 | 
sgtreport.com | Peter Schiff
by Peter Schiff, Schiff Gold:2024 has demonstrated why gold is worth investing in, especially for foreign central banks, who seek to shore up the weaknesses of their fiat currency by buying gold. In her newest work, former Trump administration advisor Judy Shelton argues that a return to sound money requires going back to gold.
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Oct 31, 2024 | 
sgtreport.com | Peter Schiff
by Peter Schiff, Schiff Gold:Gold’s phenomenal year so far is thanks in part to foreign central banks buying the yellow metal. With BRICS nations expanding their membership and growing in prestige, superpowers like China will likely turn to gold to escape the collapsing dollar. The following article was originally published by the Mises Institute. The opinions expressed do not necessarily reflect those of Peter Schiff or SchiffGold.
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Oct 18, 2024 | 
quoththeraven.substack.com | Peter Schiff
By Peter SchiffOn Tuesday, Peter Schiff took to his podcast to cover the last week in news. In politics, sinking confidence in Vice President Harris has led to what Peter calls a “Trump trade,” where Donald Trump’s rising odds of winning in November create bullish sentiment on Wall Street. Peter also hits on campaign promises made by both Trump and Harris, discusses Bitcoin’s recent surge, and explains why the income tax’s creation was a classic bait-and-switch.
