Peter Schiff: Gold & Silver Are Signaling A Crisis Is Coming

Video Description

Peter Schiff @peterschiff delivers a stark warning: America is headed for the biggest economic crisis of our lifetimes - not a stock market crash, but a dollar collapse leading to an inflationary depression. He explains why gold hitting $4,300 and silver above $66 are screaming signals of an impending currency crisis, responds to Trump's personal attack calling him a "jerk and loser" on Truth Social, and breaks down why both Trump and Biden caused the inflation crisis through massive deficit spending and Fed money printing. Schiff reveals why he's positioned his portfolio for a dollar crash (up 60-120% this year in precious metals), predicts a radical left Democrat will win in 2028, and explains the dark reality: Americans will experience a poor country's economy but with higher prices - unless they protect their wealth now with gold, silver, and foreign assets. This episode is brought to you by VanEck. Learn more about the VanEck Rare Earth and Strategic Metals ETF: http://vaneck.com/REMXJulia Links: https://x.com/PeterSchiff Europac.com http://SchiffGold.com Timestamps: 00:00 Intro and welcome Peter Schiff 01:19 Big picture macro view: America's bleak outlook 04:00 Gold and silver screaming currency crisis is coming 07:04 Prediction: Radical left Democrat in White House 2028 08:39 Peter's reaction to Trump's Truth Social attack 13:40 Trump's "big beautiful bill" making deficits worse 15:00 Republicans in trouble for 2026 midterms 22:12 Affordability crisis and government spending problem 23:33 No politically viable way to right the ship 25:00 We need higher interest rates, not lower 27:28 Gold up 65%, silver up 120% this year 28:30 Why "perma bear" label is wrong 30:00 The dollar crash Peter has been predicting 32:22 Investors moving money overseas from US stocks 34:02 How gold skyrocketing pulls rug from under dollar 36:08 Dollar reserve currency status ending 38:22 Inflationary depression: weak economy, high inflation 39:53 Why this crisis will be worse than 2008 42:43 Government out of ammunition to help 44:31 How everyday Americans will be impacted 47:09 Early innings for gold and silver 49:49 Tax risks and confiscatory policies ahead 53:41 What Peter wishes he said on Tucker 56:20 Capitalism blamed for socialism's damage 57:59 Wrap up