Peter Schiff

Why is $MSTR up 7% this morning? @saylor's latest move reduced the YTD Bitcoin yield to 4.5%. That yield stood at 13.3% on May 25. That’s a 66% reduction in two months! At this rate the 2026 Bitcoin yield will be negative. If you’re bullish, you’re better off just owning Bitcoin.

$SPCX is coming back down to earth. Shares just traded as low as $110.05. That’s 18.5% below the IPO price and 51% below the high. This is an example of why it’s so dangerous to rush into buying a heavily hyped IPO during its first few days of trading.

After years of publicity surrounding Operation Atlantis, the J5’s own 2024 impact report identifies no EPB-related charges, convictions, tax recoveries, seizures, or proven money laundering. Its efforts to get OCIF to shut down my bank achieved nothing toward its stated mission. In fact, the report does not even mention Operation Atlantis by name. Instead, it states that Euro Pacific Bank “was at the centre of a global Day of Action by the J5 in 2020, as part of an investigation into suspected tax evasion and money laundering.” But it never claims that those suspicions were ever substantiated. Instead, it notes that “the Puerto Rico Office o…

Japan Is About to Pop the Biggest Bubble in History... And It Takes Us With It https://t.co/0hIgLHDYZY

Japan Is About to Pop the Biggest Bubble in History... And It Takes Us With It New episode. https://t.co/BhFJUieKaE https://t.co/BhFJUieKaE

If you think you had a bad week, @elonmusk lost nearly $100 billion. I'm old enough to remember when $100 billion was a lot of money.

Just like everything related to Bitcoin, the title of this video is very misleading. https://t.co/R4wvjuxxBp

In his latest attempt to illegally impose tariffs on American consumers that were not authorized by Congress, Trump is applying tariffs meant to target goods produced using forced labor to imports that have nothing to do with unpaid or coerced labor.

Once again, traders are getting spooked by the rise in bond yields. But the breakdown in bonds is actually bullish for gold, as it reflects soaring federal budget deficits, out-of-control inflation, and a loss of confidence in the creditworthiness of the U.S. Buy the dip!

The yield on the 30-year Treasury is 5.18%, its highest since April 2006. At that time, the U.S. national debt was $8.35 trillion. Now it’s $39.6 trillion, almost five times as large. The U.S. can’t afford these rates, let alone the much higher rates we'll soon be forced to pay.

Investors celebrated the June CPI, as a 30% fall in the price of oil led to a larger-than-expected decline. But so far in July, the price of oil is already up 30%, back above $90 per barrel. If the price hits $100 by month-end, that will be a 43% rise. July CPI could be a doozy!

$SPCX closed just above $115, nearly 20% below its IPO price and almost 50% below its high. This could be a harbinger of things to come for other overhyped stocks and cryptos. Look out below!

Gold and silver are up big again today, even as Treasury yields continue to rise. Gold is above $4,150 and silver is back above $60. Precious metals and bond yields rising together signal that investors fear that despite Warsh’s tough talk, the Fed will fail to rein in inflation.

Trump just gave Saudi Arabia major nuclear concessions while his family already has extensive business interests there. This may be good policy, but Trump's personal financial interests are more than bad optics. They create serious conflicts of interest that shouldn't be allowed.

Oil prices and bond yields continue to rise, with oil above $85 and yields on 10- and 30-year Treasuries now at 4.63% & 5.14%, respectively. These trends will likely continue and are bearish for the economy and corporate earnings. How much longer can stock investors ignore this?

Everything is rallying today. Most likely, it's a Turnaround Tuesday head fake. The exception may be gold and silver, which are up about $70 and $2.50, respectively. While deteriorating fundamentals have been bearish for tech and Bitcoin, they've been bullish for precious metals.

Trump's new 50% tariffs on a long list of Canadian imports will hit American consumers hard. Not only will they increase our overall cost of living, but they will specifically increase the cost of home construction, making new homes even less affordable than they are now.

More air is coming out of the AI bubble as Moonshot AI’s Kimi K3 intensifies low-cost Chinese competition. $SPCX is now trading below $121, almost 11% below its IPO price and more than 46% below its high. AI isn’t a bubble, but AI stocks are. The bubble has likely already popped. SpaceX closed under $120, near the low of the day. That's more than 11% below the IPO price. The chart is not looking good.

The Fed Admitted It. The Treasury Blew It. The CPI Lied. https://t.co/3axzqiVPqu

The Fed Admitted It. The Treasury Blew It. The CPI Lied. New episode. https://t.co/Y6MnPyHVJ9

If you ask AI to objectively review all the publicly available information, including what's been published on https://t.co/BmV7zaxKAr about Euro Pacific Bank—including the evidence from the successful defamation lawsuit against Nick McKenzie and 60 Minutes Australia, the now-unredacted emails obtained through FOIA between the IRS, ATO, and OCIF, and the fact that no criminal charges were ever filed against anyone associated with the bank, including its customers—and offer an opinion as to why the bank was shut down, it will conclude that the bank was shut down purely to allow the J5 to turn its failed Atlantis investigation into a fake succe…

Gold stocks are under pressure today, despite gold itself rising $30 and retaking $4,000. Investors still don’t understand how bullish the fundamentals are for gold or how much they’ve improved due to war, bursting tech bubbles, and rising deficits, inflation, and bond yields.

Despite a 30% drop in oil prices in June, YoY import prices rose 7.1%, and export prices rose 10.2%. This is far more indicative of the price increases U.S. consumers are actually paying than the 3.5% YoY increase in the June CPI and explains why inflation is such a big conern.

@123_sami83382 I do. You should buy some.

$SPCX is coming back down to earth in after-hours trading. It’s down 3.7% to $126.25. That’s 6.5% below its IPO price and 44% below its high. This is happening before any of the lockups expire, which expand the potential tradable float 8X by year-end. Houston, we have a problem!

$SPCX closed at $131.11, nearly $4 below its IPO price and 42% below its high. $NFLX is already down 7% after hours. Rising interest rates, war, inflation, and excessive valuations may finally trump momentum. Bitcoin was the first bubble to pop. Many more will meet the same fate.

Join me in New Orleans in November at the granddaddy of gold-mining investment conferences. https://t.co/IJCiy4qxnn

Read the latest unredacted emails the IRS produced after losing the lawsuit I filed to force it to do so. I’m sure there is still far more explosive evidence to come, as the IRS has yet to disclose the vast majority of what the judge ordered it to produce.https://t.co/kqKDy94SOI

What’s the reason to own $MSTR? It’s no longer a leveraged Bitcoin bet. MSTR shares will keep being sold at massive discounts, substantially diluting the Bitcoin owned per common share indefinitely. MSTR is really just a funding source for creditors and preferred shareholders.

Pending home sales fell in June on both a monthly and annual basis, driven by a 10-month high in mortgage rates and record-high home prices. Contracts sank 5.4% compared with May and fell 0.3% YoY. The MoM pullback was nationwide, while YoY sales fell only in the South and West.