Peter Schiff is an economist, financial broker/dealer, author, frequent guest on national news, and host of the Peter Schiff Show Podcast.  He follows up his daily two-hour radio show with podcasts focusing on weekly economic data analysis and unbiased coverage of financial news, both in the U.S. and global markets.  As entertaining as he is informative, Peter packs decades of brilliant insight into every news item.  Join the thousands of fans who have benefited from Peter’s commitment to getting the real story out every week.


The Peter Schiff Show

This Time It Is Different – It’s Worse – Ep. 57

March 2nd, 2015|0 Comments

First trading day of march – NASDAQ closed above 5000 for the first time in 15 years
Each time the market goes up with crazy valuations, pundits say, “This time it’s different.”
This time the Fed is under more pressure to create the illusion of prosperity
Today’s rally came against the backdrop of weak economic data
The only way this bubble won’t burst is if the Fed intervenes with more stimulus
Bubbles force you to make an important decision:
Look like a fool before they pop, or look like a fool after they pop
It doesn’t matter how much money you make, it’s how much money you […]



  • The Herd Can Be Blind

    Below please find the latest commentary from Peter Schiff, CEO of Euro Pacific Capital and author of The Real Crash: America’s Coming Bankruptcy. Please feel free to excerpt or repost with proper attribution and all links more>>

    The Bravado of Borrowers

    Last week a scene unfolded in Athens, largely unnoticed by American eyes, that provided all the visual and metaphorical symbols needed to define the current state of the global economy. more>>



Peter Schiff shared a link. ... See MoreSee Less

Peter Schiff on CNBC 3/2/2015 Sign up for my free newsletter: Buy my newest book at

Marco Vargas, Seth Coady and 23 others like this

View previous comments

Frédérick TêtuPeter: I just came up with an expression that sums up much of your analysis of the past few years: ''the US economy is being photoshopped''.17 hours ago   ·  6
Danny DevlinAt 300 I said bitcoin was over priced, at 400 I did too, and 500, 600. 700. 800. 900, 1000 and especially at 1100. I hope you all cleaned up on my sell it at 300 advice, as it's now 250! ..... That's straight out of Peter Schiffs advice playbook! .... now I can say "I called it right"21 hours ago   ·  5
Jim TomborThere are some real companies in tech just like in late 90s, but when you see a company sold for $19B with $30M in revenues (What's Ap), the feel of the late 90s is hard to ignore. What makes now different than late 90s is 6 years of 0% interest rates and $4T of freshly printed money. To say there won't be a price to pay for both is not seeing through the creation of the excess. Just like most people didn't see the housing excess 10 years ago, this will end the same way, just much worse.16 hours ago   ·  4
Christopher AdamsIt's different this time.19 hours ago   ·  3
Jeremy DavidsonJust keep the sheep thinking the money is real and the game continues.6 hours ago   ·  1
Jim PC HendonSure but who could honestly say the markets are not being manipulated? It may not be when the bubble busts but when the curtain falls in the land of Oz.13 hours ago   ·  1
Adam RussellPeter, talk about negative interest rates amd why they can or can't exist.21 hours ago   ·  1
Marlon G. CunhaPeter is looking the big picture, meanwhile this others traders is just looking the small one.14 hours ago   ·  1
許景竤at least, they are better then weatherman.21 hours ago
Jason DotsonOf course its a bubble.4 hours ago
Cesar RosalesYes21 hours ago
Greg DavenportBull bear spread is at crash levels, historically speaking anyway. I bet the naz pulls back at least 10% before it it's 5200. We're into resistance.... A pullback would open the door for qe4. Makes sense to me.16 hours ago
Joe GaffneyWould it be at 5,000 without Fed fueled asset inflation? Then it's a Fed induced asset bubble not based on fundamentals.3 hours ago
Danny Devlin"Peter Schiff made a great call 9 years ago" ..... says it all.21 hours ago
John LexineYes it is a bubble6 hours ago
Albert DileoThe Dow is a huge bubble as well.14 hours ago   ·  1
Kenyon Lee KrauseSuper high and based on cheap fake money, once again.18 hours ago   ·  1
Paul Butleryou are right on the money peter, 100%21 hours ago   ·  1
Paul Butlerthis guy has cashflow of worthless dollars in a year or two21 hours ago   ·  1
Stephen Woenker^^^^15 hours ago
Albert DileoGreat show today Pete, and the parade of bad news continues14 hours ago
Albert DileoOf course14 hours ago
Robert BirdsallBubble? What Bubble?16 hours ago

Comment on Facebook

Chris Kalabus, Lindsey Perez and 23 others like this

Chris W RoadsDamn who knew? All we had to do was collapse the economy to rally the stock market. Shit could have done that real easy along time ago.1 day ago   ·  1
Adrian SanchezMy company matches dollar per dollar on there 401k is it wise to continue investing in there program? What would you do?1 day ago   ·  1
Wesley ForbesThe economics doesn't change from bubble to bubble. That's what you should say, Peter. It's a silly straw man argument on their part, too.1 day ago   ·  2
Daniel KurthIsn’t a rise of the saving rate a good thing? The businesses which are closer to consumption have to suffer some losses. But Mr. Schiff mentioned in the video, that the bubble will burst if the people won’t spend as much as before. But in my opinion the bubble is not in the businesses which are close to consumption. It is much more in the capital sector (e.g. Real Estate, Stocks, etc.). The artificial low interest rate is now, due to higher savings, not as artificial as it was before (when the saving rate was lower). So the bust will not as serious, as it would have been under a lower saving rate. Please correct me if I’m wrong.19 hours ago

Comment on Facebook