The Peter Schiff Show Podcast

Iran's regime survived, got $300B, and we reopened what we closed. Adam Schiff wants to steal Musk's trillion. Japan is about to blow.This episode is sponsored by Zapier. Get started for free at https://zapier.com/goldThe Iran MOU is being celebrated as a great victory, but Peter Schiff argues it achieved nothing more than returning to pre-war conditions: no fighting and the Strait of Hormuz open — both of which were true before the war started. Iran's regime survived, got immediate sanctions relief, access to a $300 billion investment fund, and frozen assets returned. The only concession is a promise not to develop nuclear weapons — the same promise they were making before the war that Trump said wasn't good enough.Schiff dismantles Adam Schiff's viral video calling for confiscation of Elon Musk's trillion-dollar wealth, showing that dumping that much stock would crash the price to a fraction of its value, destroy two companies, eliminate the incentive for future entrepreneurs, and give each household a one-time $7,500 check they'd spend in a week — the communist promise that has failed every time it's been tried. California's billionaire wealth tax made the ballot, threatening a 5% annual levy that would trigger a mass exodus. Meanwhile, Japan's debt crisis is accelerating with the yen breaking down past 160, 10-year JGBs at 2.65%, and a debt-to-GDP ratio of 250% — at 4% interest rates, two-thirds of Japanese tax revenue would go to interest alone. Schiff calls it a preview of America's future.Chapters:00:00 Crisis Without a Plan00:48 Father’s Day Intro02:21 Iran MOU Reality Check09:40 Who Really Wins the Deal17:10 Wealth Inequality and Billionaire Taxes31:16 Why Capital Matters32:29 Panama Wealth Conference33:47 Schiff vs Billionaires35:00 Confiscation Fallout42:43 Japan Yen Crisis50:58 Gold Fed Reality Check54:23 Accountability and Wrap UpFollow @peterschiffX: https://twitter.com/peterschiffInstagram: https://instagram.com/peterschiffTikTok: https://tiktok.com/@peterschiffofficialFacebook: https://facebook.com/peterschiffOur Sponsors:* Check out Chilipad and use my code sleep.me/GOLD for a great deal: https://sleep.me* Check out DBJourney and use my code Schiff15 for a great deal: https://dbjourney.com* Check out Fast Growing Trees and use my code GOLD for a great deal: https://www.fast-growing-trees.com* Check out Plaud AI and use my code GOLD for a great deal: https://plaud.ai* Check out Quince and use my code quince.com/gold for a great deal: https://www.quince.com* Check out TruDiagnostic and use my code GOLD20 for a great deal: https://www.trudiagnostic.comPrivacy & Opt-Out: https://redcircle.com/privacy

Musk is worth $1 trillion with zero income. We're spending $1.6 trillion on interest. CPI is on pace for 6.2%. This is the peak of the bubble.This episode is sponsored by Greenlight Metals. Research investing in Greenlight Metals copper and gold mine: https://resourcestockdigest.com/report/copper-gold-in-the-american-heartland/This episode is also sponsored by NetSuite. Download NetSuite’s free business guide, Demystifying AI, at https://netsuite.com/goldSpaceX debuted as the biggest IPO in history, raising $75 billion at a $1.8 trillion valuation before closing above $2 trillion — making Elon Musk the first person worth $1 trillion. Peter Schiff puts this in perspective: JD Rockefeller, the previous richest American ever adjusted for inflation, earned the equivalent of $2 billion per year in actual income from Standard Oil. Musk has essentially zero income — SpaceX loses money and trades at 100x revenue — making his trillion-dollar net worth entirely a function of bubble valuations driven by decades of monetary excess.Meanwhile, the May federal deficit exploded 32% year-over-year to $293 billion, with interest expense surging 44% to $133 billion in a single month — $1.6 trillion annualized, consuming 30% of all tax revenue. That's the entire federal budget from 1997 spent on interest alone. CPI rose 0.5% in May, putting 2026 on pace for 6.2% annual inflation — the highest since 2022 and potentially headed for 1981 levels. PPI came in at 1.1% for the second straight month, annualizing to 14%. Gold successfully retested its March low at $4,040 before recovering to $4,218, with mining stocks posting a positive divergence despite metal weakness. The Strategy death spiral deepened as Saylor diluted common shareholders to buy Bitcoin, destroying the "Bitcoin yield" narrative he built the company on.Chapters:00:00 Cold Open and Intro01:23 SpaceX IPO Mania03:18 Musk vs Rockefeller Wealth06:31 Bubble Valuations Explained09:59 Markets Week and Metals Drop11:47 Gold Retest and War Narrative17:20 Deficits and Interest Time Bomb26:30 Inflation Data and Fed Boxed In37:43 Other Markets Crypto and Wrap UpFollow @peterschiffX: https://twitter.com/peterschiffInstagram: https://instagram.com/peterschiffTikTok: https://tiktok.com/@peterschiffofficialFacebook: https://facebook.com/peterschiffFree Reports & Market Updates: https://www.europac.comBook Store: https://schiffradio.com/booksSign up for Peter's most valuable insights at https://schiffsovereign.comSchiff Gold News: https://www.schiffgold.com/news#PeterSchiffShow #SpaceXIPO #InflationOur Sponsors:* Check out Chilipad and use my code sleep.me/GOLD for a great deal: https://sleep.me* Check out DBJourney and use my code Schiff15 for a great deal: https://dbjourney.com* Check out Fast Growing Trees and use my code GOLD for a great deal: https://www.fast-growing-trees.com* Check out Plaud AI and use my code GOLD for a great deal: https://plaud.ai* Check out Quince and use my code quince.com/gold for a great deal: https://www.quince.com* Check out TruDiagnostic and use my code GOLD20 for a great deal: https://www.trudiagnostic.comPrivacy & Opt-Out: https://redcircle.com/privacy

The US needs to borrow $20 trillion this year. Saylor just blew 60% of his cash paying off 0% debt early. The dominoes are falling.This episode is sponsored by Rockwell Automation. Download their 11th Annual State of Smart Manufacturing Report at https://rok.auto/sosmThis episode is also sponsored by Ethos. Protect your family with life insurance from Ethos. Get up to $3 million in coverage in as little as 10 minutes at https://ethos.com/gold. Application times may vary. Rates may vary.Donald Trump spent Memorial Day weekend claiming an Iran deal was 90% done — oil dropped $10 to below $90, but bond yields barely moved, with the 10-year still at 4.5% and the 30-year above 5%. Peter Schiff argues the bond market is telling the real story: with $13 trillion in debt maturing this year plus $3 trillion in new borrowing, the US needs to convince creditors to roll over nearly $20 trillion — an amount without historical precedent.The AI CapEx bubble is now consuming a trillion dollars a year, funded by layoffs and foregone investment in actual manufacturing. Schiff compares it to dot-com: the technology is real but the stocks are wildly overvalued and most will go to zero when rising interest rates prick the bubble. Meanwhile, Michael Saylor burned over 60% of Strategy's cash reserves paying off zero-interest convertible notes three years early — a move Schiff says was forced by behind-the-scenes pressure, not financial genius. Elizabeth Warren accidentally made the best case against payroll taxes by pointing out that companies are incentivized to replace workers with AI because hiring people is taxed while buying computers isn't — though her solution is more taxes, not fewer.Chapters:00:00 - Intro00:53 - Iran War & Market Reaction06:47 - Bond Market & The Debt Crisis14:25 - Ad Break: Ethos15:47 - The AI CapEx Bubble26:23 - Gold, Silver & Mining Stocks29:11 - IRS Lawsuit & Bank Documentary32:12 - Ad Break: Rockwell Automation33:35 - Elizabeth Warren's AI Tax Proposal47:28 - Strategy, Bitcoin & The Coming Bust57:25 - Tokenized Gold vs Bitcoin58:42 - Summer Sign-Off & 250th AnniversaryFollow @peterschiffX: https://twitter.com/peterschiffInstagram: https://instagram.com/peterschiffTikTok: https://tiktok.com/@peterschiffofficialFacebook: https://facebook.com/peterschiffFree Reports & Market Updates: https://www.europac.comBook Store: https://schiffradio.com/booksSign up for Peter's most valuable insights at https://schiffsovereign.comSchiff Gold News: https://www.schiffgold.com/news#PeterSchiffShow #DebtCrisis #GoldInvestingOur Sponsors:* Check out Chilipad and use my code sleep.me/GOLD for a great deal: https://sleep.me* Check out DBJourney and use my code Schiff15 for a great deal: https://dbjourney.com* Check out Fast Growing Trees and use my code GOLD for a great deal: https://www.fast-growing-trees.com* Check out Plaud AI and use my code GOLD for a great deal: https://plaud.ai* Check out Quince and use my code quince.com/gold for a great deal: https://www.quince.com* Check out TruDiagnostic and use my code GOLD20 for a great deal: https://www.trudiagnostic.comPrivacy & Opt-Out: https://redcircle.com/privacy

Gold and silver pull back as WTI tops $107 and the 30-year hits 5.14% — Peter says plunging real rates make this dip a gift.This episode is sponsored by InvestingPRO. Get 55% off + an EXTRA 15% off with my code PETERSCHIFF at checkout! Sign up: https://www.investing-referral.com/peterschiffThis episode is also sponsored by ExpressVPN. Get an extra 4 months free. http://expressvpn.com/goldPeter Schiff goes live to break down the market moves since Wednesday's podcast, with gold and silver pulling back as oil surges past $107 WTI and bond yields punch higher — the 10-year at 4.62% and the 30-year at 5.14%. Schiff argues the short-term selloff is being driven entirely by the nominal yield move, but with inflation accelerating, real rates are actually plunging — a setup that is deeply bullish for precious metals and exactly the buying opportunity stackers have been waiting for. He points to the positively sloped yield curve across every maturity as the bond market's clearest signal yet that higher rates and higher inflation are still ahead.Schiff also delivers another Bitcoin reality check, walking through BTC's ongoing underperformance versus gold and the recent debates around long-term holdings, and explains why physical metals remain the only credible vehicle for real wealth preservation. The episode wraps with the latest on exploding deficits and a ballooning government, why true conservatives — and gold owners — are needed now more than ever, and fresh insights from SchiffGold on Comex flows and the increasingly urgent case for a return to sound money.Our Sponsors:* Check out Chilipad and use my code sleep.me/GOLD for a great deal: https://sleep.me* Check out DBJourney and use my code Schiff15 for a great deal: https://dbjourney.com* Check out Fast Growing Trees and use my code GOLD for a great deal: https://www.fast-growing-trees.com* Check out Plaud AI and use my code GOLD for a great deal: https://plaud.ai* Check out Quince and use my code quince.com/gold for a great deal: https://www.quince.com* Check out TruDiagnostic and use my code GOLD20 for a great deal: https://www.trudiagnostic.comPrivacy & Opt-Out: https://redcircle.com/privacy

PPI doubled estimates at 1.4%, yields broke 5% on $39T debt, and CNBC says sell gold stocks — that's the best buy signal I've ever seen.This episode is sponsored by NetSuite. Download Netsuite’s free business guide Demystifying AI at https://netsuite.com/goldThis episode is also sponsored by Outskill. Bonuses worth $5100+ if you join and attend. Grab your free seat to the 2-Day AI Mastermind: https://link.outskill.com/PETERSCHIFFAP4Kevin Warsh was confirmed as the new Fed Chair and immediately inherited a stagflation crisis: April PPI came in at 1.4% month-over-month — double the high end of estimates — pushing producer prices to 6% year-over-year. Core PPI tripled expectations at 1.0%, an annualized 12.5% rate. The CPI the day before showed 0.6% monthly with year-over-year inflation climbing to 3.8%. The 30-year Treasury yield broke above 5% for the first time in 19 years, with a bond auction requiring a 5% coupon — but unlike 2007 when the debt was $9 trillion, today it's $39 trillion.Peter Schiff argues real interest rates are crashing even as nominal rates rise, making the environment extremely bullish for gold and silver — with silver hitting $89 intraday and leading gold for the first time this cycle. He highlights CNBC analysts recommending viewers sell gold stocks as a perfect contrarian buy signal, dismantles Trump's proposed ban on corporations buying homes as socialist policy, defends Jeff Bezos against critics who blame him rather than consumers for disrupting small businesses, endorses Thomas Massie's congressional primary fight, and promotes his new 10-minute FOIA evidence video exposing the IRS conspiracy to destroy Euro Pacific Bank.Chapters:00:00 Cold Open Montage00:55 Show Begins Tech Issues01:27 New Fed Chair Firestorm03:26 CPI Breakdown April05:24 PPI Shock And Stagflation07:59 Trump Inflation And Politics09:43 Bond Yields Debt Trap13:20 Fed QE Dilemma15:39 Ad Break NetSuite AI17:01 Markets Misread Inflation18:38 Real Rates Gold Silver23:12 Metals Boom Copper Oil24:51 Tariffs Beef And Constitution29:09 Ad Break Outskill AI31:42 Stocks Ignore Inflation Bubble32:18 Bubble Mentality Critique33:10 CNBC Chart Pattern Trap34:30 Gold Stocks Contrarian Buy35:38 Mining Stocks vs AI Hype36:15 Trump Housing Ban Backlash37:46 Why Rentals Need Investors39:19 Backing Thomas Massie42:25 Trump Grip on GOP43:08 Trump China Summit Skepticism45:05 Defending Bezos and Amazon46:20 Consumers Drive Competition49:07 Living Wage Reality Check53:35 Rigged Playing Field Factors55:31 Puerto Rico Inventory Tax57:36 FOIA Bank Conspiracy Video59:05 Demanding Government Accountability01:00:35 Wrap Up and Next PlansFollow @peterschiffX: https://twitter.com/peterschiffInstagram: https://instagram.com/peterschiffTikTok: https://tiktok.com/@peterschiffofficialFacebook: https://facebook.com/peterschiffFree Reports & Market Updates: https://www.europac.comBook Store: https://schiffradio.com/booksSign up for Peter's most valuable insights at https://schiffsovereign.comSchiff Gold News: https://www.schiffgold.com/news#PeterSchiffShow #Inflation #GoldInvestingOur Sponsors:* Check out Chilipad and use my code sleep.me/GOLD for a great deal: https://sleep.me* Check out DBJourney and use my code Schiff15 for a great deal: https://dbjourney.com* Check out Fast Growing Trees and use my code GOLD for a great deal: https://www.fast-growing-trees.com* Check out Plaud AI and use my code GOLD for a great deal: https://plaud.ai* Check out Quince and use my code quince.com/gold for a great deal: https://www.quince.com* Check out TruDiagnostic and use my code GOLD20 for a great deal: https://www.trudiagnostic.comPrivacy & Opt-Out: https://redcircle.com/privacy

The dollar erased every war gain, oil's back above $102, yields are at 4.5%, and mining stocks just gave you the buying opportunity of the year.Gold settled the week at $4,612 with silver at $75.33, both drifting lower as investor attention shifted to record-high stock indexes. Mining stocks took the hardest hit with GDX down 6.25% — a buying opportunity Peter Schiff says is being created by the same complacency that preceded every major gold breakout.The dollar index fell to 97.7, erasing every penny gained since the Iran war began — a historically weak bounce for a supposed safe haven currency. Oil climbed back above $102 while 30-year Treasury yields touched 4.5%, recreating the exact conditions that forced Trump to reverse Liberation Day tariffs. Schiff revisits Powell's claim of 40 years of controlled inflation, breaking it down decade by decade to show average CPI of 5.5% in the '80s, 3% in the '90s, and 2.6% in the 2000s — with only the post-crisis 2010s near the 2% target. He also highlights the Bitcoin conference where last year's darling Nakamoto is down 99% between conferences, while this year's pitch of "digital credit" is even worse than subprime.Chapters:00:00 Welcome and Subscribe00:25 Gold Silver Weekly Recap01:08 Mining Stocks and Fund Plug02:00 Why Gold Bullish Now03:14 Stocks High Oil Yields Rising06:27 Fed Presser and Powell Exit10:05 Money Supply Inflation Reality17:32 Debt Deficits and Fed Failure19:54 Tariffs Cars and Stagflation22:48 Bitcoin Strategy Ponzi Talk24:30 Dollar Weak Bonds to Gold27:19 Gold Targets and Crypto Risks29:15 Schiff Gold App Call to Buy30:58 Wrap Up and Where to FollowFollow @peterschiffX: https://twitter.com/peterschiffInstagram: https://instagram.com/peterschiffTikTok: https://tiktok.com/@peterschiffofficialFacebook: https://facebook.com/peterschiffGet more gold & silver now: https://www.schiffgold.com1-888-GOLD-160 (465-3160)Open a T Gold account: https://www.tgold.comOpen a managed account: https://europac.comListen to The Peter Schiff Show: https://schiffradio.comFollow the main channel: https://youtube.com/peterschiff#PeterSchiffShow #GoldInvesting #FridayMarketWrapOur Sponsors:* Check out Chilipad and use my code sleep.me/GOLD for a great deal: https://sleep.me* Check out DBJourney and use my code Schiff15 for a great deal: https://dbjourney.com* Check out Fast Growing Trees and use my code GOLD for a great deal: https://www.fast-growing-trees.com* Check out Plaud AI and use my code GOLD for a great deal: https://plaud.ai* Check out Quince and use my code quince.com/gold for a great deal: https://www.quince.com* Check out TruDiagnostic and use my code GOLD20 for a great deal: https://www.trudiagnostic.comPrivacy & Opt-Out: https://redcircle.com/privacy

Newmont is earning $11/share at 10x PE with 132% growth — half the S&P's multiple. Wall Street is asleep at the wheel.This episode is sponsored by Outskill. Bonuses worth $5100+ if you join and attend. Grab your free seat to the 2-Day AI Mastermind: https://link.outskill.com/PETERSCHIFFAP4This episode is also sponsored by ExpressVPN. Get an extra 4 months free. http://expressvpn.com/GoldNewmont Mining just posted 132% earnings growth with five-to-one margins and a stock trading at 10x earnings — half the S&P multiple — and Wall Street barely noticed. Peter Schiff breaks down why gold miners are the most undervalued sector in the market and why he's been accumulating positions in companies like Newmont, Franco-Nevada, and Wheaton for over 20 years without selling a share.The episode also covers Trump's Iran war pivoting from threatened annihilation to an economic blockade that's keeping oil above $94, the DOJ dropping its criminal investigation into Jerome Powell's Fed building remodel as an olive branch to clear the way for Kevin Warsh, Schiff's own six-year experience with leaked government investigations that were never officially closed, Michael Saylor's Strategy preferred stock as a self-described Ponzi scheme the SEC refuses to touch, and a new cottage industry of mass tort lawyers helping businesses claim tariff refunds — proof that Americans, not foreigners, paid every cent of those tariffs.Chapters:00:00 Cold Open Montage00:57 Show Intro Puerto Rico01:28 War Drags On Markets Shrug04:27 Blockade Strait Oil Spike08:18 Election Pressure Inflation Risks13:22 Commercial AI Mastermind Ad15:54 Post Office Hikes Inflation16:41 Powell Probe Fed Incentives22:31 Schiff Investigation Story30:00 Commercial ExpressVPN Pitch31:37 Gold Friday Market Wrap34:35 Newmont Earnings Surge36:52 Gold Miner Margins Explained38:20 Buybacks and M&A Signals39:27 West Red Lake Pullback40:19 Buying Bad News Strategy42:38 Position Sizing and Risk45:04 Gold Fund and Active Picks46:40 Bitcoin Yield Ponzi Rant53:18 Tariff Refund Fallout56:50 Debt Deficits and War01:02:01 Wrap Up and SubscribeFollow @peterschiffX: https://twitter.com/peterschiffInstagram: https://instagram.com/peterschiffTikTok: https://tiktok.com/@peterschiffofficialFacebook: https://facebook.com/peterschiffFree Reports & Market Updates: https://www.europac.comBook Store: https://schiffradio.com/booksSign up for Peter's most valuable insights at https://schiffsovereign.comSchiff Gold News: https://www.schiffgold.com/news#PeterSchiffShow #GoldMiners #NewmontMiningOur Sponsors:* Check out Chilipad and use my code sleep.me/GOLD for a great deal: https://sleep.me* Check out DBJourney and use my code Schiff15 for a great deal: https://dbjourney.com* Check out Fast Growing Trees and use my code GOLD for a great deal: https://www.fast-growing-trees.com* Check out Plaud AI and use my code GOLD for a great deal: https://plaud.ai* Check out Quince and use my code quince.com/gold for a great deal: https://www.quince.com* Check out TruDiagnostic and use my code GOLD20 for a great deal: https://www.trudiagnostic.comPrivacy & Opt-Out: https://redcircle.com/privacy

Hank Paulson warns of a "vicious" debt crisis — but his only plan is to brace for it, not prevent it. That tells you everything.This episode is sponsored by HIMS. Visit https://hims.com/gold to get a personalized, affordable plan that gets youThis episode is also sponsored by NetSuite. Download Netsuite’s free business guide, Demystifying AI, at https://netsuite.com/goldFormer Treasury Secretary Hank Paulson is warning about a "vicious" sovereign debt crisis and urging a break-the-glass emergency plan — but Peter Schiff points out that Paulson himself architected the bailouts and QE policies that made this crisis inevitable, and his only advice now is to prepare for the crash rather than prevent it.Markets hit record highs this week with the Nasdaq up 7% on ceasefire optimism and oil dropping to $83, but Schiff warns the rally is built on the false premise that peace means rate cuts. The Fed's balance sheet has quietly grown over $200 billion in 2026 while M2 money supply expands at 5% year-over-year. Meanwhile, NYC Mayor Manda proposes city-owned grocery stores and taxes on non-resident condos — policies Schiff dismantles as the kind of anti-capitalist thinking that drives wealth creators to places like Panama, which is rolling out the welcome mat for every entrepreneur New York chases away.Chapters:00:00 Show Cold Open00:57 Live From Puerto Rico01:59 War Headlines Fuel Rally04:12 Bitcoin Gold Silver Check07:07 Fed Policy And Real Rates08:54 Producer Prices Reality Check11:09 Paulson Warns Debt Crisis19:09 Panama Versus New York Taxes22:21 How Wealth Gets Created25:42 Fair Share And Job Creation30:03 Wealth Creation Backlash31:52 City Owned Grocery Plan34:11 Profit Motive And Prices39:18 Subsidies And Market Damage43:25 Farm Subsidies And USSR45:36 Taxing Nonresident Condos51:06 Why Profit Builds Cities51:59 Property Tax Critique59:44 Closing Markets And GoldFollow @peterschiffX: https://twitter.com/peterschiffInstagram: https://instagram.com/peterschiffTikTok: https://tiktok.com/@peterschiffofficialFacebook: https://facebook.com/peterschiffFree Reports & Market Updates: https://www.europac.comBook Store: https://schiffradio.com/booksSign up for Peter's most valuable insights at https://schiffsovereign.comSchiff Gold News: https://www.schiffgold.com/news#PeterSchiffShow #DebtCrisis #GoldInvestingOur Sponsors:* Check out Chilipad and use my code sleep.me/GOLD for a great deal: https://sleep.me* Check out DBJourney and use my code Schiff15 for a great deal: https://dbjourney.com* Check out Fast Growing Trees and use my code GOLD for a great deal: https://www.fast-growing-trees.com* Check out Plaud AI and use my code GOLD for a great deal: https://plaud.ai* Check out Quince and use my code quince.com/gold for a great deal: https://www.quince.com* Check out TruDiagnostic and use my code GOLD20 for a great deal: https://www.trudiagnostic.comPrivacy & Opt-Out: https://redcircle.com/privacy

Trump threatened to destroy Iran's civilization by 8pm — instead he got a ceasefire that concedes nothing. The threats were always empty. • This episode is sponsored by Odoo. Sign up for free at https://www.odoo.com/r/izNK • Today’s podcast is also sponsored by West Red Lake Gold Mines. Ticker WRLGFTrump's Tuesday deadline to destroy Iran's civilization came and went with a Pakistan-brokered ceasefire instead of the promised hellfire. Peter Schiff breaks down how the president's escalating threats — from bombing bridges and power plants to wiping out an entire civilization — collapsed into a two-week truce that concedes nothing from Iran's side.Markets swung wildly on the drama: the Dow dropped 400 points intraday before rallying nearly 1,000 points on ceasefire news, oil cratered 15.5% back to $95 after touching $115, and gold surged $60 despite the supposed "peace" — proving the market is trading the Fed, not the war. Schiff argues rate cuts are coming regardless of inflation, that oil will never return to $60, and that the dollar's reserve currency status is being actively dismantled as countries like France pull gold from U.S. custody. He also reveals the IRS is refusing to comply with a federal judge's FOIA ruling ordering release of documents from the Euro Pacific Bank investigation.Chapters:00:00 Show Intro00:55 Trump Deadline Drama05:33 Markets Call the Bluff08:32 Pakistan Ceasefire Rumors12:22 Trump Two Week Pause16:20 Iran Ceasefire Terms19:15 Iran Statement Readout22:19 Civilian Targeting Critique29:01 Dollar Power and Blowback32:05 Scaling Gold Production32:52 Gold Moves on Rate Cuts35:14 Oil Prices vs Real Inflation37:32 War Risk Premium Sticks40:53 Weak Data and CPI Ahead44:57 Polls Signal Economic Pain50:49 Ditch Dollars Buy Metals52:44 Mining Stocks Next Leg55:33 FOIA Win IRS Fights Back01:03:29 Transparency Battle Wrap UpFollow @peterschiffX: https://twitter.com/peterschiffInstagram: https://instagram.com/peterschiffTikTok: https://tiktok.com/@peterschiffofficialFacebook: https://facebook.com/peterschiffFree Reports & Market Updates: https://www.europac.comBook Store: https://schiffradio.com/booksSign up for Peter's most valuable insights at https://schiffsovereign.comSchiff Gold News: https://www.schiffgold.com/news#PeterSchiffShow #IranCeasefire #GoldInvestingOur Sponsors:* Check out Chilipad and use my code sleep.me/GOLD for a great deal: https://sleep.me* Check out DBJourney and use my code Schiff15 for a great deal: https://dbjourney.com* Check out Fast Growing Trees and use my code GOLD for a great deal: https://www.fast-growing-trees.com* Check out Plaud AI and use my code GOLD for a great deal: https://plaud.ai* Check out Quince and use my code quince.com/gold for a great deal: https://www.quince.com* Check out TruDiagnostic and use my code GOLD20 for a great deal: https://www.trudiagnostic.comPrivacy & Opt-Out: https://redcircle.com/privacy

Peter Schiff reviews a volatile week in markets, arguing gold and silver likely put in a bottom after briefly breaking prior lows and closing higher. He contrasts that with major stock indexes sliding deeper into correction territory, which he says could turn into a bear market if the war drags on. Schiff focuses on oil as the key driver, tying price spikes to bond selloffs, rising Treasury yields, and renewed inflation pressure.He criticizes shifting public messaging around the conflict and argues the economic and political costs will force an eventual endgame driven more by markets than diplomacy. Schiff also challenges the “Bitcoin as digital gold” narrative, pointing to Bitcoin’s weakness versus gold and warning of a sharper breakdown if key levels fail.He closes by framing larger deficits, money printing, and policy responses as structurally bullish for precious metals, while warning that higher yields and inflation could stress housing, stocks, and the dollar.Chapters:00:00 Gold and Silver Bottom01:12 War Headlines Whipsaw05:13 Fed Rates vs Inflation05:59 Stocks Slide Into Correction10:22 War Costs and Deficits12:15 Bitcoin Safe Haven Myth13:47 Oil Yields and Bonds16:38 Bitcoin Mortgages Risk20:05 Dollar Weakness and Politics30:33 Buy Gold and Wrap UpFollow @peterschiffX: https://twitter.com/peterschiffInstagram: https://instagram.com/peterschiffTikTok: https://tiktok.com/@peterschiffofficialFacebook: https://facebook.com/peterschiff💰 Get more gold & silver now: https://www.schiffgold.com☎️ 1-888-GOLD-160 (465-3160)🟡 Open a T Gold account: https://www.tgold.com💰 Open a managed account: https://europac.com🔊 Listen to The Peter Schiff Show: https://schiffradio.com▶️ Follow the main channel: https://youtube.com/peterschiff#gold #inflation #oilpricesOur Sponsors:* Check out Chilipad and use my code sleep.me/GOLD for a great deal: https://sleep.me* Check out DBJourney and use my code Schiff15 for a great deal: https://dbjourney.com* Check out Fast Growing Trees and use my code GOLD for a great deal: https://www.fast-growing-trees.com* Check out Plaud AI and use my code GOLD for a great deal: https://plaud.ai* Check out Quince and use my code quince.com/gold for a great deal: https://www.quince.com* Check out TruDiagnostic and use my code GOLD20 for a great deal: https://www.trudiagnostic.comPrivacy & Opt-Out: https://redcircle.com/privacy

The Fed just admitted inflation is spiraling out of control while refusing to do the one thing that actually works—raise rates—and Powell is banking on hope and fantasy to save the economy, but here's why today's gold selloff is the buying opportunity of a lifetime.- This episode is sponsored by InvestingPRO. Get 55% o𝗳𝗳 + a𝗻 𝗘𝗫𝗧𝗥𝗔 𝟭𝟱% off with my code PETERSCHIFF at checkout! https://www.investing-referral.com/peterschiff/- This episode is also sponsored by ExpressVPN. Get an extra 4 months free. https://expressvpn.com/goldPeter Schiff analyzes the Federal Reserve's decision to hold rates steady at 3.5-3.75% while warning that inflation is spiraling out of control. February's Producer Price Index surged 0.7% monthly - more than double expectations - signaling that inflation is accelerating before Trump's war even began driving oil prices higher. Despite this alarming data, the Fed refuses to hike rates and instead clings to fantasies about future rate cuts based on wishful thinking rather than evidence. Schiff argues that gold and silver's massive selloff following the inflation news represents a buying opportunity, as traders fail to understand that rising inflation with stagnant Fed policy creates negative real rates - extremely bullish for precious metals.The episode exposes how the current economic situation is far worse than the 1970s stagflation, with national debt at 125% of GDP compared to just 34% in 1980, making aggressive rate hikes impossible despite inflation running well above the Fed's 2% target. Schiff predicts the national debt could hit $50 trillion during Trump's term as war spending explodes, while the housing bubble shows signs of collapse with mortgage applications plummeting. He dismisses Fed Chair Powell's claims that inflation will magically return to target through "moderate" policy, calling it delusional given that the Fed has been wrong about inflation for five consecutive years while consistently missing their forecasts.Chapters:00:00 Show Intro and Fed Preview01:21 Weak Growth and Rising Inflation05:43 Hot PPI Shocks Gold Markets16:01 Housing Bubble and GSE Risks22:12 FOMC Decision and Market Fallout32:07 Fed Blames Tariffs33:30 Cuts Based on Faith36:36 Oil Shocks and Easy Policy44:05 Stagflation and Debt Trap56:36 Powell Probe and GoldFollow @peterschiffX: https://twitter.com/peterschiffInstagram: https://instagram.com/peterschiffTikTok: https://tiktok.com/@peterschiffofficialFacebook: https://facebook.com/peterschiffFree Reports & Market Updates: https://www.europac.comBook Store: https://schiffradio.com/booksSign up for Peter's most valuable insights at https://schiffsovereign.comSchiff Gold News: https://www.schiffgold.com/news#InflationAlert #FedPolicy #GoldInvestingOur Sponsors:* Check out Chilipad and use my code sleep.me/GOLD for a great deal: https://sleep.me* Check out DBJourney and use my code Schiff15 for a great deal: https://dbjourney.com* Check out Fast Growing Trees and use my code GOLD for a great deal: https://www.fast-growing-trees.com* Check out Plaud AI and use my code GOLD for a great deal: https://plaud.ai* Check out Quince and use my code quince.com/gold for a great deal: https://www.quince.com* Check out TruDiagnostic and use my code GOLD20 for a great deal: https://www.trudiagnostic.comPrivacy & Opt-Out: https://redcircle.com/privacy

Oil prices are exploding past $93 a barrel as Trump's unconditional surrender demand sends shockwaves through markets—but here's the real inflation culprit nobody's talking about, and why the Fed's rate cuts are about to make everything worse.- This episode is sponsored by Pebl. Go to https://hipebl.ai to get a free estimate.- This episode is also sponsored by NetSuite. Download Netsuite’s free business guide, Demystifying AI, at https://netsuite.com/goldPeter Schiff analyzes the massive oil price surge following Trump's Iran war, with crude jumping from $90 to over $119 per barrel before pulling back slightly as countries coordinate strategic petroleum reserve releases. Schiff argues that while rising oil prices don't directly cause inflation, the government's monetary and fiscal response to fund the war and rebuild Iran will trigger massive money printing and borrowing, creating real inflation across all goods. He criticizes Trump's economic lies, including false claims about $18 trillion in foreign investment and job creation numbers that show only 181,000 jobs created in 2025 versus 2.2 million under Biden's final year.Schiff expresses outrage over Trump's campaign against Congressman Thomas Massey in Kentucky, calling Massey "the best congressman we have" and the only Republican who truly stands for constitutional principles, limited government, and fiscal responsibility. He explains that Massey voted against Trump's "big beautiful" tax bill because it increased spending without corresponding cuts, making it a disguised tax hike rather than genuine tax relief. Schiff sees Trump's attack on Massey as proof that Trump opposes real conservative principles, preferring rubber-stamp politicians over principled representatives who honor their constitutional oath.Chapters:00:00:00 Show Cold Open00:00:55 War and Oil Shock00:09:45 Inflation and Fed Blame00:16:20 Unconditional Surrender Walkback00:21:57 Dollar Power and Gold Outlook00:29:31 Mining Stocks Selloff00:31:14 Oil Spike and Profits00:32:24 How to Buy Exposure00:33:41 CPI and Inflation Reality00:37:27 Massey Trump and MediaFollow @peterschiffX: https://twitter.com/peterschiffInstagram: https://instagram.com/peterschiffTikTok: https://tiktok.com/@peterschiffofficialFacebook: https://facebook.com/peterschiffFree Reports & Market Updates: https://www.europac.comBook Store: https://schiffradio.com/booksSign up for Peter's most valuable insights at https://schiffsovereign.comSchiff Gold News: https://www.schiffgold.com/news#PeterSchiffShow #OilPrices #GoldInvestingOur Sponsors:* Check out Chilipad and use my code sleep.me/GOLD for a great deal: https://sleep.me* Check out DBJourney and use my code Schiff15 for a great deal: https://dbjourney.com* Check out Fast Growing Trees and use my code GOLD for a great deal: https://www.fast-growing-trees.com* Check out Plaud AI and use my code GOLD for a great deal: https://plaud.ai* Check out Quince and use my code quince.com/gold for a great deal: https://www.quince.com* Check out TruDiagnostic and use my code GOLD20 for a great deal: https://www.trudiagnostic.comPrivacy & Opt-Out: https://redcircle.com/privacy

Trump just launched an unconstitutional war with Iran without Congressional approval—and Peter breaks down the real reasons behind it, from economic distraction to the military-industrial complex profits, plus why this could trigger massive inflation and destroy your purchasing power.This episode is sponsored by Odoo. Sign up for free at https://www.odoo.com/r/peterPeter Schiff strongly condemns Trump's declaration of war against Iran as unconstitutional, arguing that only Congress has the power to declare war under Article I, Section 8 of the Constitution. Schiff believes Trump violated his oath of office and campaign promises to end wars, not start them. He suspects the real catalyst was Israel informing Trump of their planned attack on Iran, forcing America's hand to join preemptively rather than wait for Iranian retaliation. Schiff questions Trump's claim that he had intelligence suggesting Iran would attack first, calling it implausible and likely fabricated to justify the unconstitutional military action.Despite opposing the war on constitutional and strategic grounds, Schiff sees it as bullish for gold and silver due to its inflationary impact, as wars are typically funded through money printing rather than tax increases. He views recent pullbacks in precious metals and mining stocks as buying opportunities, noting that gold held above $5,000 despite heavy selling. Schiff warns that this war will worsen an already deteriorating economy through higher oil prices, supply chain disruptions, and increased government spending, while potentially serving as a convenient distraction from Trump's failing economic agenda and recent controversies like the Epstein files.Chapters:00:55 War With Iran Begins03:41 Constitutional War Powers08:48 War Powers Act Explained12:00 From Strike To Regime Change14:00 No Surprise Argument15:57 Regime Change Risks21:03 Iraq WMD Lies23:08 Israel Rubio Timeline25:45 Trump Preemptive Claim29:07 Demand The Intelligence29:25 War Justification Doubts31:02 Broken Promises Fallout32:32 Regime Change Quagmire33:30 Distraction and Scapegoats35:51 Wag the Dog Headlines37:31 Rally Round the Flag40:23 War Hits Economy and Oil43:22 Markets Shrug Then React47:36 Gold Selloff Explained49:28 Wars Paid by Inflation53:19 Buy the Dip Strategy55:31 Wrap Up and Next UpdateFollow @peterschiffX: https://twitter.com/peterschiffInstagram: https://instagram.com/peterschiffTikTok: https://tiktok.com/@peterschiffofficialFacebook: https://facebook.com/peterschiffSign up for Peter's most valuable insights at https://schiffsovereign.comSchiff Gold News: https://www.schiffgold.com/newsFree Reports & Market Updates: https://www.europac.comBook Store: https://schiffradio.com/books#Finance #GeopoliticalCrisis #GoldInvestingOur Sponsors:* Check out Chilipad and use my code sleep.me/GOLD for a great deal: https://sleep.me* Check out DBJourney and use my code Schiff15 for a great deal: https://dbjourney.com* Check out Fast Growing Trees and use my code GOLD for a great deal: https://www.fast-growing-trees.com* Check out Plaud AI and use my code GOLD for a great deal: https://plaud.ai* Check out Quince and use my code quince.com/gold for a great deal: https://www.quince.com* Check out TruDiagnostic and use my code GOLD20 for a great deal: https://www.trudiagnostic.comPrivacy & Opt-Out: https://redcircle.com/privacy