Category Archives: Videos

CNBC’s Futures Now spoke with Peter Schiff last night about the long-term outlook for the gold market in the face of the Syrian crisis and the Fed’s talk of tapering. Peter also answered a question from the audience about the likelihood of the government confiscating physical gold in the event of a major economic collapse.

“I think we’re going to have a huge rally. I think we’re going to make new highs. I don’t think gold ever really lost that safe haven status. Only temporarily, maybe people were confused based on the rush to sell in a short window. But I think the fundamentals are fantastic and I think Syria really doesn’t make that much of a difference in the scheme of things… It’s a monetary problem that we have. We have a dollar crisis coming, a bond market collapse coming, and gold is going to be a safe haven from all of that.”

Follow us on Twitter to stay up-to-date on Peter Schiff’s latest thoughts: @SchiffBlog

Peter Schiff appeared on CNBC last night to talk about rising oil prices, but ended up drilling down into the reality of a non-existent US economic recovery.

“Americans are going to suffer a declining standard of living. That is the consequences of quantitative easing. That’s one of the reasons I’m opposing it. The Fed is destroying the standard of living of middle class Americans by destroying the value of their savings, of their wages. And yes, prices are going to go up.”

Follow us on Twitter to stay up-to-date on Peter Schiff’s latest thoughts: @SchiffBlog

MRC TV interviewed Peter Schiff about the supposed economic recovery and faulty government calculations of economic statistics. While emerging markets continue to buy gold and silver at record rates, everyday Americans are struggling to support their basic food and energy expenses.

“I think the economy has been contracting for the last four or five years. I think we’re in a depression… Look at all the anecdotal evidence: look at what’s happening to the labor force participation rate… look at what’s happening to real incomes… look at the record high credit card debt, yet Americans are not spending on apparel. Look at the big decline in retail sales. They’re spending the money on food, they’re spending the money on energy… They’re replacing a full-time job with a part-time job… [Look at all of this and] you see an economy that is in distress. You don’t see the economic growth that the government claims.”

Follow us on Twitter to stay up-to-date on Peter Schiff’s latest thoughts: @SchiffBlog

In an interview on Yahoo! Finance, Peter Schiff explained why he thinks investors who are shorting gold futures are in for trouble.

“[While futures traders have been betting against gold,] Real demand for physical gold has been increasing the entire time. And so the problem is that physical gold is disappearing. Ultimately, the short sellers have to be able to deliver the commodity they’re selling short. They’re not going to be able to do that… I think that everything supports that this is another buying opportunity in a string of buying opportunities.”

Watch the Full Interview Here

Follow us on Twitter to stay up-to-date on Peter Schiff’s latest thoughts: @SchiffBlog

Peter Schiff spoke with Yahoo! Finance about the latest recalculation of United States GDP.

“In the case of GDP, they want the numbers to look bigger. In the case of inflation or unemployment, they want the numbers to look smaller. What’s amazing is that the public, the financial media [and] academia, they just gobble this stuff up. There’s not a word of protest. Where are the economists who are calling out the government for the fraud in what they’re doing in trying to change GDP?”

Watch the Full Interview Here

Follow us on Twitter to stay up-to-date on Peter Schiff’s latest thoughts: @SchiffBlog

Greg Hunter of USAWatchDog spoke with Peter Schiff about his latest commentary, “The GDP Distractor” and the true size of the US economy. Peter talks about whether or not you should keep your money in the banks and why Americans should expect to pay more for less in the coming years.

“The standard of living has gone down remarkably despite all the technology and all the other advancements that should have made our standard of living go up. The standard of living is coming down. Why is that? I think because the economy is not as productive as it used to be. We’re a smaller economy in real terms… I think you’re going to see higher and higher prices.”

Follow us on Twitter to stay up-to-date on Peter Schiff’s latest thoughts: @SchiffBlog

The Huffington Post hosted a virtual debate over inflation last week, and Peter Schiff was the only participant who staunchly maintained that inflation is a bad thing. In fact, no one even agreed with Peter on the basic definition of inflation: an increase in the money supply. So if you agree with Peter and are concerned with the inflation you see in your everyday life, what is your plan to protect yourself from it? Physical precious metals remain one of the most popular safe haven investments.

“This crisis that’s coming is even [more obvious]. What’s amazing is that so many people who were oblivious to what happened in 2008 still don’t understand why that crisis occurred and they still don’t understand why a bigger crisis is looming… The exact same set of policies that gave us the housing bubble and the ’08 financial crisis are the ones that we’re using now to give us this next crisis. The only difference between the policies now and policies then is that they’re bigger in size.”

Follow us on Twitter to stay up-to-date on Peter Schiff’s latest thoughts: @SchiffBlog