Peter Schiff – Twitter, Released on 1/20/23 The claim that the U.S. has never defaulted on its #debt is false. Prior to 1971 U.S. Federal Reserve Notes were obligations of the Federal Reserve to pay a fixed weight in #gold. The U.S. defaulted on that obligation and creditors didn't receive any of the gold they […]
Peter Schiff – Twitter, Released on 11/2/22 #Powell said he'd prefer to over-tighten to beat #inflation as it will be easy for the #Fed to use its tools to stimulate the #economy if it weakens too much. Powell doesn't get it. Planned rate hikes and QT will only succeed in crashing the economy, not bringing […]
Peter Schiff – Twitter, Released on 10/21/22 The #bond market was in the process of crashing and just like the BoE, the #Fed folded with a soft-pivot. The Fed's bluff has been called. Instead of a bond crash it will be a dollar crash. Of course, when the dollar crashes, the real value of bonds […]
Peter Schiff – Twitter, Released on 10/15/22 If the #Fed pivots, either to avert a financial crisis, or in reaction to one, #inflation will soar, the opposite of what was experienced after the 2008 financial crisis. This time instead of running toward the dollar, the world will run away from the dollar. Buy your #gold […]
Peter Schiff – Twitter, Released on 10/13/22 Another hotter than expected #CPI surprised investors. Sept. CPI rose .4%, double expectations. YoY prices rose 8.2%. The 6.6% YoY rise in core CPI is the most since 1982. OER had biggest monthly spike since 1990. The #Fed is losing its #inflation fight. Soon it will surrender. — […]
Schiff Gold, Released on 10/10/22 You can trace the Fed’s inflationary monetary policy all the way back to 1998 and the Long-Term Capital Management bailout. Continue…
Peter Schiff – Twitter, Released on 10/3/22 The price Americans will pay for Tarp, Obamacare, PPP, and all Govt. programs that lead to the massive build up of debt since the 2008 financial crisis is #inflation. Double digit annual inflation will soon be a way of life in America. Better get use to it and […]
Peter Schiff – Twitter, Released on 9/20/22 #Ford stock closed the day down 12.3%. It the #Fed actually raises rates high enough to reduce #inflation to 2%, it's not just Ford and GM that will likely go bankrupt, but many of Amercia's best known companies. They won't go out of business, but creditors will take […]
