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The Latest Breaking News from Peter Schiff

Peter Schiff Blasts Trump's EU Deal: 'Americans Lose Again'

Peter Schiff didn't mince words after President Donald Trump's new trade agreement with the European Union.

Benzinga

10 Financial Gurus Whose Advice Is Now Considered Harmful

Not all money advice ages well. Some once-respected financial experts now face sharp criticism for promoting outdated, unrealistic, or even dangerous ideas. As economies shift, technology evolves, and the cost of living soars, many of yesterday’s gurus sound wildly out of touch.

Everybody Loves Your Money

Trump's New EU Trade Deal Labeled 'Bad News' By Economists As Dow Futures Spike Over 150 Points

President Donald Trump’s latest trade deal with the European Union is drawing sharp criticism from several leading economists, who argue that it will disproportionately harm American consumers and businesses.

Benzinga

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Bitcoin, Gold And Pudgy Penguins Stir The Market: This Week In Crypto

The past week has been a rollercoaster ride in the financial world, with Bitcoin (CRYPTO: BTC), gold, and even Pudgy Penguins making headlines. From Jim Cramer‘s Bitcoin endorsement to Peter Schiff‘s golden prophecy, the market has been buzzing with activity. Let’s dive into the top stories of the week.

Benzinga

Peter Schiff Says Gold's About To Explode—And Bitcoin Will Foot The Bill

Peter Schiff is back with a golden prophecy—and this time, he thinks Bitcoin (CRYPTO: BTC) holders are going to pay for it.

Benzinga

Sell Ethereum Now? Peter Schiff Says 'Great Time' To Do So, Explains Why Investors Should Buy Bitcoin With Proceeds Instead

Economist Peter Schiff suggested Monday that Ethereum (CRYPTO: ETH) holders should consider selling their holdings and buying Bitcoin (CRYPTO: BTC) instead.

Benzinga

Peter Schiff Says Trump Wants Fed Chair Jerome Powell To Do 'Exactly' What He Accused Janet Yellen Of Doing For Obama: 'A Dangerous Step'

Economist Peter Schiff is calling out President Donald Trump’s blatant hypocrisy on the Federal Reserve’s interest rate policy, saying that his demands and behaviors mirror what he had himself condemned in the past.

Benzinga

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Peter Schiff Says UK's Plan to Sell $6.7 Billion In Seized Bitcoin Could Help Budget: 'I Hope The US Doesn't Buy It For The Strategic Reserve'

Economist Peter Schiff on Sunday called the UK’s purported plan to sell almost $6.70 billion in stolen Bitcoin (CRYPTO: BTC) a “right” approach to address their budget deficit.

Benzinga

US House Passes Crucial Crypto Bills — From SEC Chair Paul Atkins To Coinbase CEO Brian Armstrong, Here's How Everyone Reacted

The bid to set clear working rules for the cryptocurrency industry in the U.S. got a booster pill Thursday as the House of Representatives passed key pieces of legislation.

Benzinga

Trump Won't Chicken Out Again? Peter Schiff Warns Of 'Classic Paradox' That Might Make A Selloff 'Inevitable'

With markets largely unfazed by President Donald Trump’s latest tariff escalations and the potential economic fallout of the same, economist Peter Schiff warns that Trump may not back down this time around.

Benzinga

Silver Lease Rates Echo Platinum's Pre-Breakout Move, Sparking Bullish Outlook: 'If It Looks Like A Duck And Quacks Like A Duck…'

Silver may be setting itself up for a major price move, according to Otavio “Tavi” Costa, a leading macro strategist at Crescat Capital.

Benzinga

Bitcoin Treasury Companies' Play Like 'Ponzi Built On A Pyramid,' Says Peter Schiff; Economist Warns 'Wild Centralized Speculation' Eroding BTC's Foundation

Economist and market commentator Peter Schiff critiqued Monday what he perceived as Bitcoin’s (CRYPTO: BTC) shift from decentralized adoption to centralized buying by treasury companies.

Benzinga

EU Prepares $24.5B In Tariffs As Trump Threatens 30% Import Tax On Mexico, Europe

The European Union has a €21 billion ($24.52 billion) package of tariffs on U.S. goods ready for implementation should ongoing trade negotiations falter, Italy’s Foreign Minister Antonio Tajani stated in a newspaper interview on Monday, as reported by Reuters.

Benzinga

Peter Schiff Gives Trump's 30% Tariff Threat On Mexico, EU A Reality Check: America Relies On Deficits To Make Up For Excess Debt And Consumption

President Donald Trump’s latest threats to impose a 30% tariff on all imports from Mexico and the European Union are drawing criticism from prominent economist Peter Schiff.

Benzinga

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Benzinga

Samson Mow Confident Bitcoin Is Going To Add A Zero: The Million Dollar Question Is Of 'When'

Cryptocurrency veteran Samson Mow reiterated his belief in Bitcoin’s (CRYPTO: BTC) potential to hit $1 million per coin Sunday, as the leading cryptocurrency continued to break records.

Benzinga

'Bitcoin Can Easily Crash,' Buy Silver Instead, Peter Schiff Says - 'Silver Should Rise Much More, Downside Seems Limited'

Bitcoin (CRYPTO: BTC) just smashed past $113,000, marking yet another all-time high in a blockbuster year for crypto bulls. But perennial Bitcoin critic and gold advocate Peter Schiff has a different take: cash in on crypto's parabolic run and rotate into silver before the metal’s "next big leg up."

Benzinga

Peter Schiff Says Trump's Tax Cuts 'Won't Grow The Economy.' Instead, He Warns They'll Lead To Higher Interest Rates And Inflation

Economist and market commentator Peter Schiff is cautioning against President Donald Trump's latest tax and spending package, saying it could do more harm than good for the U.S. economy.

Benzinga

Trump Manages Inflation Like 'Boss Running A Protection Racket,' Says Craig Shapiro: 'You Can Jawbone Walmart, But Not The Rent'

Craig Shapiro, a macro strategist at The Bear Traps Report, says that President Donald Trump’s approach to inflation management is not that unlike “running a protection racket,” one that is built on coercion and intimidation, rather than the use of monetary tools.

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Benzinga

Trump's Letters To Japan And Korea Attract Criticism From Economists: Move Demonstrates 'Complete Lack Of Understanding Of Trade'

President Donald Trump's decision to impose 25% tariffs on imports from South Korea and Japan is drawing sharp criticism from economists who say the rationale behind the move is fundamentally flawed.

Benzinga

Trump's Decision To End Tax-Free Loophole For Low-Value Goods From China Leads To A Sharp Decline In Air Cargo Shipments

The decision by the U.S. to terminate a tax-free exemption for low-value goods from China has led to a drop in air cargo shipments from Asia to North America.

Benzinga

Trump Lectures Japan About Rice But U.S. Tariffs Make Sugar And Peanuts 140% More Expensive For Americans, Says Peter Schiff

President Donald Trump has been ramping up his tariff threats against Japan, accusing the country of refusing to buy U.S. rice. But economist and gold advocate Peter Schiff says the U.S. should look in the mirror first.

Benzinga

Trump's Vietnam Trade Deal With 40% Tax On Transshipments May Result In Chinese Backlash, Say Economists: '...They Want Inflation'

President Donald Trump has announced a trade deal with Vietnam that imposes a 20% tariff on Vietnamese exports to the U.S. and a 40% tariff on goods transshipped through Vietnam, particularly targeting Chinese products rerouted to avoid U.S. tariffs.

Benzinga

Peter Schiff Warns 'Americans Will Suffer' And 'Vietnamese Will Enjoy' After Trump's Trade Deal With Hanoi

Economist Peter Schiff is calling out President Donald Trump’s newly announced trade deal with Vietnam, warning that American consumers are likely to bear the brunt of the agreement.

Benzinga

Peter Schiff Slams Texas For Authorizing Bitcoin Reserve: 'Another Example Of Why The Founding Fathers Distrusted Democracy'

Financial commentator Peter Schiff slammed Texas’ move to establish a Bitcoin (CRYPTO: BTC) reserve funded by the state treasury.

Barchart

Peter Schiff Says ‘This Train Has Left the Station’ as Silver Surges to 13-Year Highs: ‘There’s No Stopping It’

Silver prices have already hit levels last seen in late 2012. Still, veteran investor Peter Schiff says silver is very cheap at current levels.

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