Via SchiffGold.com,

Peter Schiff says we're living in a financial twilight zone.

Despite signs of persistent high inflation, gold continues to languish. Peter talked about what's going in this bizarro economy during his podcast.

Inflation continues to spiral upward. The August core personal consumption expenditures price index increased 0.3% for the month and was up 3.6% from a year ago. This measure excludes food and energy costs and is a favorite Federal Reserve metric. The index is at its highest level since 1991 and led Fed Chair Jerome Powell to call persistent inflation "frustrating."

Oil is close to $80 a barrel and climbing. Other energy costs are rising quickly.

Many commodity prices are skyrocketing.

The US is threatening to default if Congress can't get the debt ceiling raised. Janet Yellen warned that the dollar could lose its reserve status.

This is a real twilight zone. The price of gold should be soaring. The dollar should be getting killed. None of that is happening."