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The Latest Breaking News from Peter Schiff

Peter Schiff Says Bitcoin's Recovery Is A 'Dead Cat Bounce' While Gold Makes Another All-Time High

Economist and long-time Bitcoin (CRYPTO: BTC) skeptic Peter Schiff has described the crypto king's rebound from Friday's sell-off as a "dead cat bounce."

Benzinga

Trump's Tariff-Revenue Checks Could Spur 'Weird Feedback Loop,' Warn Economists—White House Claps Back At 'Unsubstantiated Assumptions'

The potential tariff-revenue checks proposed by President Donald Trump could exacerbate inflation, warn economists. The checks, which could range from $1,000 to $2,000, might lead to increased consumer spending, potentially driving up inflation.

Benzinga

TACO 'Strikes Again,' Says Peter Schiff As Trump Calls Xi Jinping 'Wonderful President' Amid China Trade Escalation: What Economists Are Saying

Economists are reacting to President Donald Trump’s latest tariff escalation with China, as well as the subsequent walk-back over the weekend, following the sharp selloff in risk assets on Friday.

Benzinga

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Gold's Stratospheric Ascent Reinvigorates The Narrative For Sprott Precious Metal Mining ETFs

While elite technology companies may be dominating headlines, the sector that has consistently delivered robust returns is also one of the oldest. With gold's remarkable ascent above the psychologically and technically significant $4,000 level, the precious metal complex has once again accelerated to the forefront — and experts assert that…

Benzinga

Mohamed El-Erian Says 'Unease In Financial Markets' Not Behind Gold Rally, But The Surge Is Fueled By The Break Up Of Global Economic Order

As gold continues its ascent, surging past the $4,000 per ounce mark on Wednesday, economist Mohamed El-Erian said that this rally isn’t about fear in the markets, but rather a sign of something much deeper.

Benzinga

Peter Schiff Says 'Buy Miners And HODL' Amid The Most 'Unloved' Gold Bull Market In History: Nervous Investors Taking Profits 'Too Soon'

As gold prices touch the $4,000 mark, economist Peter Schiff said that investor behavior is not in alignment with this trend when it comes to gold mining stocks.

Benzinga

3 Gold Mining Stocks Sparkle With Momentum Gains As Yellow Metal Nears $4000 Per Ounce Mark, Experts Say They Remain Undervalued Despite Stellar Rally

Gold's meteoric rally is powering a new wave of momentum for miners, with three select stocks joining the top decile of momentum rankings just as the price of gold nears the $4,000 mark. However, experts say that the rally is just the beginning as the gold mining stocks are still…

Benzinga

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Ken Griffin: 'Gold Is At Record Highs' And Crypto's 'Unbelievable' Run Is A Sign Of Portfolio Hedging Against US Risk — What Analysts Say

Billionaire hedge fund manager Kenneth Griffin is warning that a combination of persistent inflation and rising concerns over U.S. sovereign risk is driving investors to seek shelter in alternative assets like gold and cryptocurrencies.

Benzinga

Peter Schiff Describes Bitcoin's Jump Over $126,000 As 'Bear Market Rally': 'Too Early For Bitcoiners To Get Excited…'

Economist Peter Schiff downplayed Bitcoin’s (CRYPTO: BTC) ongoing rally Monday, suggesting it’s too early to be excited about.

Benzinga

George Clooney Fires Back At Trump's 100% Film Tariff Threat, Says Tax Incentives — Not Punishment — Will Save Hollywood Jobs

Actor and filmmaker George Clooney pushed back on President Donald Trump's latest tariff threat on Friday, arguing that federal tax incentives — not penalties — are the real way to keep jobs in the American film industry.

Benzinga

Trump Plans $1,000-$2,000 Tariff Rebate Checks For Americans: President Calls It A 'Dividend To The People'

President Donald Trump once again floated the idea of issuing rebate checks to Americans funded by the hundreds of billions of dollars in tariff revenue imposed by his administration.

Benzinga

Gold's Parabolic Surge 'Very Unusual,' Says Popular Crypto Trader: Peter Schiff Says Precious Metal Could Hit $20,000

Cryptocurrency analyst Michaël van de Poppe predicted Wednesday that gold could face a “significant” correction, even as the precious metal continues its bullish rally.

Benzinga

Government Shutdown A 'Pointless Spectacle,' Says Wolfers As El-Erian Warns of 'DOGE 2.0': What Economists Are Saying

As the U.S. government heads into another shutdown, prominent economists are weighing in with their takes, offering fresh warnings while expressing their frustrations.

Benzinga

The Dollar Is Declining So Fast That It Will Bring Even More Inflation, Says Market Analyst: 'Position Yourself Accordingly'

The U.S. dollar is in the midst of its steepest annual decline in over five decades, triggering renewed inflation concerns among leading market experts.

Benzinga

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Benzinga

Schiff Vs. Saylor: Is Strategy's Bitcoin Hoard A Golden Illusion?

Michael Saylor's $69.5 billion Bitcoin (CRYPTO: BTC) bet may look dazzling on paper — but Peter Schiff says it's fool's gold.

Benzinga

Martin Shkreli Defends Nvidia-OpenAI Deal: It's A 'Lot More Efficient' This Way — 'Pharma Bro' Cites Growing 'Non-Party Demand'

Investor Martin Shkreli came out in support of the $100 billion investment pledge made by chipmaker NVIDIA Corp. (NASDAQ: NVDA) to ChatGPT-parent OpenAI last week, while arguing that critics are missing the point of how value is created and measured in such partnerships.

Benzinga

US Households Grapple With 29% Grocery Surge, As Dollar Loses 25% of Value: 'Affordability Is Still Getting Worse,' Says Market Expert

American households are facing growing financial strain as the cost of everyday essentials continues to climb, outpacing wage growth and eroding purchasing power.

Benzinga

Eric Trump's Fed Prediction Shows White House Aware Of Economy's 'True Underlying Weakness,' Says Peter Schiff: Warns Of 'Soaring Inflation'

Economist Peter Schiff is raising concerns regarding a recent comment made by Eric Trump, the son of President Donald Trump, suggesting that it may reflect broader views of the White House on the state of the U.S. economy.

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Benzinga

SWIFT Taps Ethereum Layer-2 Chain Linea, Bitcoin's Fall, Mark Cuban's Bitcoin ETF Observation And More: This Week In Crypto

It’s been quite a week in the world of cryptocurrency. From SWIFT’s decision to use Ethereum’s Layer-2 blockchain for stablecoin testing to Bitcoin’s price drop, here’s a quick recap of the top stories from the weekend.

Benzinga

Peter Schiff Predicts 'Brutal' Bear Market For Bitcoin Treasury Companies, Labels Michael Saylor's Business Strategy 'Harebrained'

Economist Peter Schiff warned Thursday of a severe bear market for Michael Saylor-led Strategy Inc. (NASDAQ: MSTR) and companies mimicking its Bitcoin (CRYPTO: BTC) treasury play.

Benzinga

Peter Schiff Warns Nvidia's OpenAI Investment Mirrors US Debt Trap: 'Throwing Good Money After Bad'

Economist Peter Schiff highlighted parallels between Nvidia Corp.’s (NASDAQ: NVDA) decision to invest $100 billion into OpenAI, the company behind ChatGPT, and the U.S. government’s ever-increasing reliance on foreign debt.

Benzinga

Bitcoin, XRP Lead Crypto Rebound As ETH, Dogecoin Stabilize

Cryptocurrency markets are trading higher on Wednesday, with Bitcoin stabilizing above $113,000.

Benzinga

Peter Schiff Says Bitcoin Down 20% In Gold Since Its Record High — Gets Told To Go Look At A 5-Year Chart

Economist Peter Schiff said Tuesday that Bitcoin (CRYPTO: BTC) was in a bear market and has failed to live up to its “hype” as a “Digital Gold.”

Benzinga

Trump Closer To Elizabeth Warren And AOC On Economics Than To Reagan: Economist Says President 'Not A Conservative'

Economist Peter Schiff said Monday that President Donald Trump's economic approach is "left of center," arguing the White House is closer to Rep. Alexandria Ocasio-Cortez (D-N.Y.) and Sen. Elizabeth Warren (D-Mass.) than to Ronald Reagan or Barry Goldwater.

Benzinga

Jim Cramer Calls For A Breather In Market Rally: 'I Would Like To See A Pause' Amid The 'Endless Rally' In Gold, Crypto And 'Profitless' Companies

Former hedge fund manager and renowned CNBC TV host, Jim Cramer, is urging caution on speculative assets, which have been on an “endless rally” driven by speculation in recent months.

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