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The Latest Breaking News from Peter Schiff

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.

Benzinga

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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

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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.

Benzinga

Peter Schiff Slams Republicans For Wanting To 'Gift' Tariff Revenue Back To Taxpayers, Calls It 'One Of The Dumbest Ideas'

Economist and gold advocate Peter Schiff is openly criticizing the idea floating around among Republicans. Their proposal is to use tariff revenue collected by the government to fund rebate checks for American taxpayers.

Benzinga

Gold Nears $3,800 Mark, But Expert Says 'We Aren't Anywhere Close To Gold Fever Yet:' 39% Of Fund Managers Have 0% Allocation

Gold extended its rally Monday, nearing $3,800 an ounce as robust demand and ongoing economic uncertainty strengthened its safe-haven appeal.

Benzinga

Dow Future Drop Nearly 70 Points, Gold Hovers Near All-Time Highs As The Federal Reserve Hints At More Cuts

U.S. stock futures inch lower on Sunday night after touching record highs on Friday, following the Federal Reserve’s rate cuts last week, amid hints of more easing in the coming months.

Benzinga

Gold's Sustained Rally Prompts A Closer Look At Direxion's NUGT, DUST ETFs

While innovative sectors such as artificial intelligence consistently grab headlines, few industries have been as holistically profitable as gold. Heading into the tail end of summer, the yellow metal was already a star asset, trading around $3,400. However, in the trailing month, the precious metal swung up about 10%, demonstrating…

Benzinga

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Benzinga

Trump's $17 Trillion New Investments Claim 'Clearly' Not True, Says Peter Schiff: GDP Growth Would 'Explode by Roughly 50%' If Factual

Economist Peter Schiff is calling out President Donald Trump’s claims regarding $17 trillion in new investments flowing into the U.S. economy.

Benzinga

American Homeowners Lose $9,200 In Equity As Rising Interest Rates Cool Housing Market, But $17.5 Trillion Cushion Signals Reset Not Collapse

American homeowners saw their equity dip by an average of $9,200 over the past year as rising interest rates cooled the housing market, but experts say the decline is more of a reset than a collapse.

Benzinga

Economists Warn 'Stagflation Is In The Room' Amid Interest Rate Cut News: 'The Fed Has No Idea Where Inflation Will Be,' Says Peter Schiff

Leading economists are reacting to the Federal Reserve’s decision to cut interest rates by 25 basis points on Wednesday, with some lauding the central bank’s independence, and others warning of difficult times ahead.

Benzinga

Mike Pence Demands 'Free Trade With Free Nations,' Says American Businesses, Consumers Pay Trump Tariffs

Tariff revenues for August surged to $31.4 billion, marking the highest monthly haul so far in 2025, as policymakers and officials highlight the economic impact on both businesses and American consumers.

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Benzinga

Peter Schiff Again Asks Why Bitcoin Isn't Hitting New Highs Like Stocks, Gold, Miners ETF — Here Is What BTC Backers Are Saying

Economist Peter Schiff continued to question Bitcoin's (CRYPTO: BTC) lack of momentum on Monday, while stocks and gold surged to fresh record highs.

Benzinga

Gold Smash Records At $3,700 As Analysts Say This Rally Is Just The Beginning Of A New Cycle For Precious Metals And Mining Stocks

Gold prices are surging to unprecedented levels, with spot gold briefly hitting a new record high of $3,699.57.

Benzinga

America 'Could Suffer The Most' From Tariffs, Says Uniqlo CEO: Warns The World 'Could Go Bankrupt'

Japan’s richest man and the founder and CEO of Fast Retailing (OTC:FRCOY), which operates Uniqlo, Tadashi Yanai, warned that the United States could face the steepest costs from the tariffs imposed by President Donald Trump.

Benzinga

Trump Wants Fannie Mae, Freddie Mac Shares To Rise Before 'Largest IPO of All Time,' Says Bill Ackman: The President 'Likes To See Stocks Soar'

Billionaire investor Bill Ackman said that President Donald Trump’s administration is working to lift shares of the Federal National Mortgage Association (OTC:FNMA), or Fannie Mae, and the Federal Home Loan Mortgage Corp. (OTC:FMCC), or Freddie Mac, ahead of what could be “the largest IPO of all time.”

Benzinga

Peter Schiff Asks Why Bitcoin Is Selling Off While Stocks, Gold Trade At Record Highs — Arthur Hayes Wants Investors To 'Readjust' Perspective

Economist Peter Schiff on Sunday took a dig at Bitcoin’s (CRYPTO: BTC) underperformance amid record-breaking market highs in stocks and gold.

Benzinga

Trump And The Fed's Policies Will Spark 1970s-Style Inflation Shock, Says Peter Schiff: 'Average Americans Will Suffer'

Leading economists are sounding the alarm in the lead-up to the Federal Open Market Committee meeting next week, with warnings of a sharp rise in inflation that will take a toll on working families.

Benzinga

Bitcoin Outgained By Silver-Backed Crypto In 2025, Even Forever Bitcoin Bull Max Keiser Sees An Upside For The Shiny Metal

Silver zoomed to its 14-year high on Thursday, spurring a similar rise in cryptocurrencies linked to the precious metal.

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