Peter Schiff on London Real: Inflation, Gold and the Dollar

Peter Schiff is an American stockbroker, author and financial commentator, born in New Haven, Connecticut, in 1963. He founded the brokerage Euro Pacific Capital and the precious metals dealer SchiffGold, hosts The Peter Schiff Show podcast, and became widely known after warning of the 2008 financial crisis in his 2007 book Crash Proof.

Brian Rose has interviewed Schiff twice on London Real, in 2013 and 2022. They talked about his career and investing philosophy, his market predictions, the Federal Reserve and money printing, inflation, recession and the future of the US dollar.

He has long predicted high inflation and a falling dollar. Both interviews are listed below.

Bio

Start here

People Need to Wake Up (2022). His full argument on inflation, the Federal Reserve and the dollar, recorded during the 2022 cost of living crisis.

Every Peter Schiff interview on London Real

  • Market Crash (November 2013). Schiff talks about his career, his investing philosophy and his predictions for the markets in the year ahead.
  • People Need to Wake Up: Recession, Inflation and A Dollar Collapse (August 2022). As inflation rose in 2022, Schiff argues that the US was already in recession, blames Federal Reserve money printing for rising prices and warns of a crisis worse than 2008.

Key ideas

Money printing causes inflation

Schiff argues that the Federal Reserve’s money creation, including quantitative easing, is the main cause of rising prices. In 2022 he described printing money as a hidden form of taxation that robs savings of their purchasing power.

A bigger crisis than 2008

Speaking in August 2022, he said the US economy was already in recession and that a financial crisis worse than the one he predicted in 2008 was likely.

Gold as protection

Schiff has long argued that investors should keep 10 to 20 per cent of their portfolios in physical precious metals as a hedge against a weakening dollar.

Free markets and limited government

Across both interviews he makes the case for sound money and less government intervention in the economy, a view he has promoted since founding Euro Pacific Capital in 1996.

Books

Frequently asked questions

Who is Peter Schiff?

Peter Schiff is an American stockbroker, author and financial commentator, born in 1963. He founded Euro Pacific Capital and SchiffGold, hosts The Peter Schiff Show and is known for warning of the 2008 financial crisis.

What did Peter Schiff talk about on London Real?

In two interviews in 2013 and 2022, Schiff talked about his career, his investing philosophy, market predictions, the Federal Reserve, inflation, recession and the US dollar.

Which Peter Schiff episode should I watch first?

Start with People Need to Wake Up from August 2022, which sets out his views on inflation and the dollar in detail.

How many times has Peter Schiff been on London Real?

Twice in the London Real archive, in November 2013 and August 2022.

Did Peter Schiff predict the 2008 financial crisis?

Schiff became widely known for warning of a US housing and financial crisis in his 2007 book Crash Proof and in TV appearances before 2008. Some of his other long-running forecasts, such as a collapse of the US dollar, have not happened so far.

Why does Peter Schiff recommend gold?

Schiff believes central bank money printing will keep eroding the value of the US dollar, and he sees physical gold and silver as a store of value. He has suggested holding 10 to 20 per cent of a portfolio in precious metals.

Related

Official site: schiffradio.com

Get every new London Real episode free

Join 6 million+ followers & subscribers. Full-length interviews with world-class guests, straight to your inbox every week.

We take your privacy seriously. We will never sell your information.

London Real logo Chat
×

Private call with Brian Rose

See how the AI Investment Club works, and decide for yourself

Every Monday, AI founders pitch live to our members. Book a call to see if it's right for you.

Check Brian’s availability
Brian video thumbnail
Private call with Brian Rose
Watch Brian’s message