Peter Schiff

Most paper money initially existed as a substitute for gold. That's what gave it value. But right now what gives a currency…

— Peter Schiff

Perhaps the most important reason to be skeptical of government inflation numbers is that the government, like a fox campaigning to guard…

— Peter Schiff

When the dollar collapses, it's not doing it in a vacuum. If the dollar loses value, it's doing so relative to some…

— Peter Schiff

Every time the market has corrected, since 2008, it's always been the Fed that's made the bottom. The Fed has always saved…

— Peter Schiff

“Boom/bust cycles are not inevitable and would not occur were it not for the inflationary monetary policies that always precede recessions.”

— Peter Schiff

We had a very upwardly mobile economy, and that peaked around the 1950s when the typical middle-class American family consisted of a…

— Peter Schiff

Printing money creates inflation, which weakens an economy. Unfortunately, this kind of common-sense thinking never seems to penetrate academic circles.

— Peter Schiff

The fiat-based system has produced enormous global imbalances that are straining the global economy. Ultimately, I think the whole thing gives way…

— Peter Schiff

Central banks are choosing to increase their gold holdings as a percentage of total reserves. They obviously think there is a reason…

— Peter Schiff

Once the government runs out of foreign and private sector bidders for new Treasurys, the Federal Reserve will be the only buyer,…

— Peter Schiff

The real bubble in China is in US Treasuries, in US dollars.

— Peter Schiff

My mother always taught me that two wrongs don't make a right. We shouldn't bail out Wall Street. We shouldn't bail out…

— Peter Schiff

The one place that bitcoins seem to be used as money is in crime.

— Peter Schiff

Gold has worked for thousands of years, but now with the Internet, it works even better.

— Peter Schiff

Most governments, not all of them, but most, certainly don't want their citizens using gold. They want them in the currency that…

— Peter Schiff

It is production that creates purchasing power, not the printing press!

— Peter Schiff

Fifty-dollar oil is just another stop on the road to much higher crude prices.

— Peter Schiff

All those commodities are going to have to rise in value as we are in short supply and we are printing too…

— Peter Schiff

The primary factor that enables our government to peddle economic snake oil is the dollar's unique role as the world's reserve currency,…

— Peter Schiff

At some point, the dollar has to give. You can't just keep printing money, and monetizing debt, and buying bonds, without the…

— Peter Schiff

My investment advice is rooted in my understanding of economics.

— Peter Schiff

The U.S. dollar is in terminal decline. America is tragically bankrupt, unable to pay its lenders without printing the dollars to do…

— Peter Schiff

The only thing I can do with my bitcoin is give it to somebody else.

— Peter Schiff

There is no such thing as agflation. Rising commodity prices, or increases in any prices, do not cause inflation. Inflation is what…

— Peter Schiff

Gold is not overvalued at $500, and gold will not be overvalued at $1,500 or $2,000. The real money is buying gold…

— Peter Schiff