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The Latest Breaking News from Peter Schiff

Peter Schiff Says Bitcoin 'Bubble Is Running Out Of Air' — But Is BTC Simply Taking A Breather After 77% Annual Surge?

Economist Peter Schiff took note of Bitcoin’s (CRYPTO: BTC) underperformance compared to stocks and gold, warning that the cryptocurrency’s bubble is “running out of air.”

Benzinga

Peter Schiff Predicts Bitcoin Could Sink To $75,000: 'Sell Now, Buy Back Lower'

Prominent Bitcoin critic Peter Schiff has once again sounded the alarm, calling for Bitcoin (CRYPTO: BTC) to potentially drop toward $75,000 — below Strategy's (NASDAQ:MSTR) average cost price.

Benzinga

Morgan Stanley Sees Fed Rate Cuts Starting In September After Powell's Jackson Hole Shift — Forecasts Steady Easing Through 2026

Investment bank Morgan Stanley says that the Federal Reserve will begin cutting interest rates starting in September, reversing its prior views of the Fed choosing to hold rates steady through March 2026.

Benzinga

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Peter Schiff Mocks Michael Saylor's Bitcoin Call: Gold Bug Predicts MSTR Demise As CEO Says 'Bitcoin Is On Sale'

Gold advocate and prominent Bitcoin (CRYPTO: BTC) critic Peter Schiff publicly mocked Strategy Inc. (NASDAQ:MSTR), formerly MicroStrategy’s CEO Michael Saylor, on Monday, predicting the software company's demise in response to Saylor's bullish tweet about the cryptocurrency.

Benzinga

Peter Schiff Leads Bitcoin 'Obituary' List Ahead Of Warren Buffett And Jamie Dimon: 'At Least I Made The Top…'

Economist Peter Schiff made a playful reference to the “Bitcoin obituary list” on Sunday where he ranked first for predicting Bitcoin's (CRYPTO: BTC) demise 18 times.

Benzinga

'Trump Wasn't Hired To Run A Hedge Fund,' Says Peter Schiff As Intel Deal Divides Experts Amid Calls To Break Taiwan Dependence For Chips

Economists and tech analysts are divided over President Donald Trump's decision to give the U.S. government a 10% stake in Intel Corporation (NASDAQ:INTC), with some calling it unconstitutional and others praising it as crucial for national security and semiconductor independence.

Benzinga

Peter Schiff Dismisses Trump Claim That Fed Rate Cut Will Help Homeowners, Says Maybe Jerome Powell Is 'Helping Housing'

Economist Peter Schiff challenged former President Donald Trump's claim that Federal Reserve Chair Jerome Powell is hurting the housing market by delaying rate cuts, arguing the opposite effect is more likely.

Benzinga

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Trump's Freddie And Fannie Plan 'One of The Worst Economic Decisions Ever,' Says Peter Schiff — '2008 Will Pale In Comparison'

Economist Peter Schiff is warning that President Donald Trump’s plans for a unified listing of the Federal National Mortgage Association (OTC:FNMA) or Fannie Mae and Federal Home Loan Mortgage Corp. (OTC:FMCC) or Freddie Mac could create economic risks far greater than those that led to the 2008 Financial Crisis.

Benzinga

Stock Market Today: Nasdaq 100 Futures Slip— Palo Alto, XP, Allarity Earnings In Focus (UPDATED)

Editor’s Note: The future prices of benchmark tracking ETFs were updated in the story

Benzinga

Trump Tariffs Likely To Be Struck Down As 'Unconstitutional' In Appellate Court, Says Peter Schiff: Handing The President 'Another Scapegoat'

Economist Peter Schiff says that President Donald Trump’s tariffs are likely headed for defeat at the U.S. Appellate Court, setting the stage for what he refers to as “another scapegoat” for the coming recession.

Benzinga

Peter Schiff Slams Nixon's 1971 Gold Standard Exit As US Debt Soars $9 Trillion While Bullion Jumps 85%, Both 'Poised To Spiral Higher'

Bitcoin (CRYPTO: BTC) critic and economist Peter Schiff issued warnings on Friday about America’s mounting debt crisis, linking current fiscal challenges to the 1971 decision that ended the gold standard. The warning comes as national debt has surged $9 trillion in four years to reach $37.09 trillion.

Benzinga

Cynthia Lummis Backs Scott Bessent's 'Commitment' To Build Bitcoin Reserve Without Burdening US Taxpayers — 'I Have A Bill For That'

Sen. Cynthia Lummis (R-Wyo.) on Thursday backed a “budget-neutral approach” to building a Strategic Bitcoin (CRYPTO: BTC) Reserve, opposing the idea of purchasing additional BTC to address the mounting national debt.

Benzinga

Peter Schiff Mocks Trump's 'Booming' Economy Claim As Fiscal Deficit Balloons To $291 Billion In July

The U.S. government’s fiscal deficit ballooned to $291 billion in July, a nearly 20% jump from the previous year, triggering sharp criticism from prominent economic and political commentators.

Benzinga

Mark Cuban Says Trump's Nvidia, AMD Export Tax Is What Warren, AOC, Sanders Should've Done — Kevin O'Leary Calls It 'Blackmail'

Mark Cuban and Kevin O’Leary have weighed in on President Donald Trump’s controversial deal with Nvidia Corporation (NASDAQ:NVDA) and Advanced Micro Devices, Inc. (NASDAQ:AMD), with Cuban praising it as a progressive move and O’Leary calling it corporate “blackmail.”

Benzinga

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Peter Schiff Warns Fannie-Freddie Merger Could Create 'Moral Hazard' Bigger Than Great Financial Crisis Era

Economist Peter Schiff is sounding the alarm on a potential merger of mortgage finance giants, the Federal National Mortgage Association (OTC:FNMA) or Fannie Mae, and the Federal Home Loan Mortgage Corp (OTC:FMCC), popularly known as Freddie Mac.

Benzinga

Peter Schiff, The Kobeissi Letter Warn Of 'Federal Shakedown' Over Nvidia, AMD's 15% China Chip Revenue Deal With Trump Administration

Economist Peter Schiff and capital markets commentator The Kobeissi Letter have sharply criticized Nvidia Corp.'s (NASDAQ:NVDA) and Advanced Micro Devices, Inc.'s (NASDAQ:AMD) agreement to pay 15% of their China chip revenues to the U.S. government, calling it a “federal shakedown.”

Benzinga

US Imposes Tariffs On Swiss Gold Imports, Threatening Global Bullion Market—Peter Schiff Tells Buyers To 'Better' Do This Now

The United States has imposed tariffs on Swiss gold imports, a move that could significantly disrupt the global bullion market.

Benzinga

Trump Greenlights Bitcoin In $40 Trillion 401(k)s: Peter Schiff Calls It A 'Gamble' With Retirement Savings — What Others Said

President Donald Trump signed executive orders on Thursday allowing cryptocurrency investments in 401(k) retirement plans, potentially opening $40 trillion in retirement savings to digital assets like Bitcoin (CRYPTO: BTC).

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Benzinga

Trump May End Up Exposing US Consumers As 'Paper Tigers,' Says Economist Peter Schiff On 50% India Tariffs

Economist Peter Schiff warned Tuesday that President Donald Trump's decision to double tariffs on Indian imports to 50% could "expose the U.S. consumer as a paper tiger," predicting a dollar crash that would "impoverish Americans but enrich foreign consumers, particularly the BRICs."

Benzinga

Peter Schiff Says Gold Outperformed Bitcoin, Michael Saylor's Strategy Since Trump's Win — Here Is The Bigger Picture

Bitcoin (CRYPTO: BTC) and its proxy stock Strategy Inc. (NASDAQ:MSTR) have underperformed gold since President Donald Trump’s victory in November of last year, economist Peter Schiff highlighted on Tuesday.

Benzinga

Trump's Trade War 'The Only Thing That Can Derail' A Strong US Economy, Says Steve Eisman — Tariff Story Is 'Far From Over'

Investor Steve Eisman, best known for betting against the housing market in the lead-up to the 2008 financial crisis, issued a sharp warning on what he sees as the single-biggest threat to the U.S. economy.

Benzinga

Peter Schiff Slams Fed's Blind Spot: Jerome Powell 'Looking Through' Soaring Inflation While Policy Remains 'Far Too Loose'

Economist Peter Schiff is criticizing the Federal Reserve for its handling of inflation, arguing that the central bank is underestimating persistent price pressures.

Benzinga

Peter Schiff Says Bitcoin Is Like Tech Stocks But Without 'Potential Of Earnings' As Investors Digest Meta, Microsoft Numbers

Noted economist and gold advocate Peter Schiff deemed Bitcoin (CRYPTO: BTC) a "digital tech stock" with no earnings potential on Wednesday.

Benzinga

Trump 'Pleased' With $450 Billion South Korea Tariff Deal, Seoul To Accept US Cars, Agriculture: Economist Warns Americans 'Pay' The 15% Tariff

President Donald Trump announced on Wednesday that the United States has reached a “Full and Complete Trade Deal” with the Republic of Korea, worth $450 billion.

Benzinga

'Trump's Weak Dollar Dream Will Be A Nightmare' Because His Policies Are 'Highly Inflationary,' Economist Peter Schiff Says

President Donald Trump‘s views about the dollar are getting strong pushback from economists like Europac.com Chief Economist and Global Strategist Peter Schiff.

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