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COMMODITIES, GLOBAL, MARKETS, POLITICS, STOCKS

Peter Schiff

Chief Global Strategist,

Euro Pacific Asset Management

  • Best-Selling Author of Crash Proof: How to Profit from the Coming Economic Collapse
  • Ran for 2010 Republican Senate Primary in Connecticut
  • 2008 Economic Advisor to Sen. Ron Paul

About Peter

Peter Schiff is one of the few widely known economists and investment professionals to have spoken about the financial crisis before it began. He is a widely followed opponent of debt-fueled growth policies and is known for his advocacy for emerging market and commodity-focused investments in countries with positive fiscal characteristics.


Peter's Videos

While the Biden Administration and their allies in the media are struggling to redefine terms so that recessions are technically impossible, in the real world, things are looking decidedly grim. Not for generations has the Fed had to deal with soaring inflation and contracting GDP. But unlike past episodes, the Fed is facing much deeper challenges with much weaker leadership.

Investors are gleefully unaware of the danger. Expectations are that the inflation dragon will be slayed and roasting on a spit by next summer. At that point, investors fully expect that the Fed will get back into the business of stimulating the economy and monetizing the debt in a backdrop of very mild price increases.

But what if those expectations are wildly off the mark? How will the markets and the government handle the worst bout of stagflation we have ever experienced? It's not going to be pretty, and the time left to prepare financially is getting smaller.




Not since the 1970's have US investors had to deal simultaneously with high inflation, a slowing economy, and a tightening monetary bias. Not surprisingly, after a highly speculative 2021, fueled by massive fiscal and monetary stimulants, the markets started 2022 with a sharp lurch downward, with action characterized by a shift away from the high-flying risk assets into value-oriented dividend stocks.

But most investors are unaware how deep the stagflation quicksand has become and how powerless the Fed will be in fighting back. A whiplash will occur when the Fed will be forced to admit it has lost the battle with inflation and switches to monetary easing to try to stave off recession.


In the new economic age ushered in by Covid-19, central banks around the world have vastly expanded monetary activism far beyond anything seen before. The U.S. Federal Reserve has expanded their balance sheet by nearly $4 trillion in just a few months, and as far as anyone can tell, there is no end in sight. In the words of Fed chairman Jerome Powell, the Fed isn't even thinking about when it will think about raising interest rates above zero. But central bank activism may soon be moving in very new directions. To deal with tens of millions of newly unemployed workers and the reality that entire commercial sectors are no longer viable, the banks are currently looking at ways to put newly created money directly into the hands of consumers. Against a backdrop of a weak economy, this a clear recipe for stagflation. Peter Schiff will explain how investors can prepare for this new normal.
For nearly a decade, up until the first month of 2019, the Fed had delivered the ultra-low interest rates and quantitative easing policies that had kept the economy afloat in the wake of the devastating Recession of 2008. To go with their claims that the economy had regained solid footing, they vocally strove for a normalized policy stance that would put the whole ugly episode into the rear view mirror. But reality refused to comply.

In the face of growing market concern about rising interest rates and challenging financial conditions, the Federal Reserve took a very early exit from this road to policy "normalization." Investors greeted the new regime with glee, encouraged that the shadows of higher interest rates had given way to clear skies. But unlike past experience with monetary easing cycles, this latest opening of the monetary spigots, could create a very different outcome for investors.

Peter Schiff will explain that a new program of monetary expansion, which has already begun, will not be the fairy godmother that investors expect. Instead, a quantitative easing program far bigger than prior iterations could finally destroy the dollar and take down the US stock market. He will outline his investment strategies to prepare for changing market conditions.



Peter's Books

Peter Schiff

The Real Crash: America's Coming Bankruptcy - How to Save Yourself and Your Country

You might be thinking everything’s okay: The stock market is on the rise, jobs are growing, the worst of it is over. You’d be wrong. In The Real Crash, New York Times best-selling author Peter D. Schiff argues that America is enjoying a government-inflated bubble, one that reality will explode... with disastrous consequences for the economy and for each of us.
Peter Schiff

Crash Proof 2.0: How to Profit From the Economic Collapse

The economic and monetary disaster which seasoned prognosticator Peter Schiff predicted is no longer hypothetical-it is here today. And nobody understands what to do in this situation better than the man who saw it coming. For more than a decade, Schiff has not only observed the economy, but also helped his clients restructure their portfolios to reflect his outlook.
Peter Schiff

The Little Book of Bull Moves, Updated and Expanded: How to Keep Your Portfolio Up When the Market Is Up, Down, or Sideways

In The Little Book of Bull Moves, popular author and economic advisor, Peter Schiff, takes a new look at America's bull markets of the 1920's, 1960's, and 1990's, and the bear markets that followed. Analyzing similarities and differences from both an economic and political perspective, Schiff discusses investment strategies that worked then and explains how those same conservative approaches to investing can be applied in today's market.