The Peter Schiff Show Podcast

Dollar Lost Every Penny It Gained From the War — The Crack Is Starting

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 Subscribe 00:25 Gold Silver Weekly Recap 01:08 Mining Stocks and Fund Plug 02:00 Why Gold Bullish Now 03:14 Stocks High Oil Yields Rising 06:27 Fed Presser and Powell Exit 10:05 Money Supply Inflation Reality 17:32 Debt Deficits and Fed Failure 19:54 Tariffs Cars and Stagflation 22:48 Bitcoin Strategy Ponzi Talk 24:30 Dollar Weak Bonds to Gold 27:19 Gold Targets and Crypto Risks 29:15 Schiff Gold App Call to Buy 30:58 Wrap Up and Where to Follow Follow @peterschiff X: https://twitter.com/peterschiff Instagram: https://instagram.com/peterschiff TikTok: https://tiktok.com/@peterschiffofficial Facebook: 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 #PeterSchiffShow #GoldInvesting #FridayMarketWrap Privacy & Opt-Out: https://redcircle.com/privacy [https://redcircle.com/privacy]

Trump Wants to Buy an Airline With Your Money — This Is Not Capitalism

Trump wants to buy Spirit Airlines at bankruptcy with taxpayer money to "save jobs." That's not capitalism — that's Bernie Sanders with a red tie. - Today’s podcasts is sponsored by Pebl. Go to http://hipebl [http://hipebl].ai to get a free estimate. - Today’s podcast is also sponsored by NetSuite. Download Netsuite’s free business guide, Demystifying AI, at https://netsuite.com/gold [https://netsuite.com/gold] Jerome Powell's final press conference as Fed Chair featured a claim that inflation was "under control" for 40 years before the pandemic — a statement Peter Schiff demolishes decade by decade, showing average CPI of 5.5% in the 1980s, 3% in the 1990s, and 2.6% in the 2000s, with only the post-crisis 2010s anywhere near the 2% target. The Fed held rates at 3.5% while oil surged past $108 WTI and $120 Brent, bond yields pushed back toward post-Liberation Day highs with the 30-year hitting 5%, and four FOMC members dissented on the dovish bias. Powell announced he'll stay on the board to protect "Fed independence," but Schiff argues he'll be irrelevant. The episode also covers Trump's plan to buy Spirit Airlines at bankruptcy — proof he doesn't understand capitalism — Michael Saylor's Bitcoin conference keynote pushing Stretch preferred stock as a thinly veiled Ponzi, and explosive IRS FOIA documents proving the agency collaborated with Puerto Rico's SIF to shut down Euro Pacific Bank as a PR stunt, with every email focused on publicity strategy rather than any actual wrongdoing. Chapters: 00:00 Cold Open Montage 00:58 Fed Holds Rates 02:47 Powell Stays On 05:07 Fed Independence Debate 06:17 Inflation Mandate Critique 09:38 Reporters And Data 11:04 Decades Of CPI Reality 15:01 Ad Break Pebble 16:43 Powell On His Record 20:04 Inflation Fire Economy Weak 21:59 Oil Yields And Markets 27:18 Gold Silver And EPAM Pitch 29:15 Ad Break NetSuite 31:05 Trump Spirit Bailout 34:10 Bitcoin Conference Reality Check 37:21 Saylor Stretch Digital Credit 39:44 Ponzi Claims And Warning 42:57 Yield Over Bitcoin 43:26 IRS FOIA Fight 45:58 Explosive Email Evidence 47:02 Debanking Timeline 49:55 SIF Findings Breakdown 57:42 PR Motive Revealed 01:06:47 Press Conference Coordination 01:16:43 Why This Matters 01:20:08 Puerto Rico Potential 01:25:12 Final Call To Action Follow @peterschiff X: https://twitter.com/peterschiff Instagram: https://instagram.com/peterschiff TikTok: https://tiktok.com/@peterschiffofficial Facebook: https://facebook.com/peterschiff Free Reports & Market Updates: https://www.europac.com Book Store: https://schiffradio.com/books Sign up for Peter's most valuable insights at https://schiffsovereign.com Schiff Gold News: https://www.schiffgold.com/news #PeterSchiffShow #FederalReserve #Inflation Privacy & Opt-Out: https://redcircle.com/privacy [https://redcircle.com/privacy]

Michael Saylor's 11% Yield Is a Ponzi Scheme — Here's the Proof

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/PETERSCHIFFAP4 [https://link.outskill.com/PETERSCHIFFAP4] This episode is also sponsored by ExpressVPN. Get an extra 4 months free. http://expressvpn.com/Gold [http://expressvpn.com/Gold] Newmont 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 Montage 00:57 Show Intro Puerto Rico 01:28 War Drags On Markets Shrug 04:27 Blockade Strait Oil Spike 08:18 Election Pressure Inflation Risks 13:22 Commercial AI Mastermind Ad 15:54 Post Office Hikes Inflation 16:41 Powell Probe Fed Incentives 22:31 Schiff Investigation Story 30:00 Commercial ExpressVPN Pitch 31:37 Gold Friday Market Wrap 34:35 Newmont Earnings Surge 36:52 Gold Miner Margins Explained 38:20 Buybacks and M&A Signals 39:27 West Red Lake Pullback 40:19 Buying Bad News Strategy 42:38 Position Sizing and Risk 45:04 Gold Fund and Active Picks 46:40 Bitcoin Yield Ponzi Rant 53:18 Tariff Refund Fallout 56:50 Debt Deficits and War 01:02:01 Wrap Up and Subscribe Follow @peterschiff X: https://twitter.com/peterschiff Instagram: https://instagram.com/peterschiff TikTok: https://tiktok.com/@peterschiffofficial Facebook: https://facebook.com/peterschiff Free Reports & Market Updates: https://www.europac.com Book Store: https://schiffradio.com/books Sign up for Peter's most valuable insights at https://schiffsovereign.com Schiff Gold News: https://www.schiffgold.com/news #PeterSchiffShow #GoldMiners #NewmontMining Privacy & Opt-Out: https://redcircle.com/privacy [https://redcircle.com/privacy]

Kevin Warsh Can't Answer a Single Question - Next Fed Chair?

Warsh won't say Trump lost in 2020, won't name one policy he disagrees with, and can't explain what 1% rates would do. This is our next Fed Chair. 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/peterschiff/ This 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/PETERSCHIFFAP4 [https://link.outskill.com/PETERSCHIFFAP4] Donald Trump's Fed Chair nominee Kevin Warsh spent two hours dodging every meaningful question in his Senate confirmation hearing, and Peter Schiff watched the whole thing so you didn't have to. Warsh refused to say whether Trump lost the 2020 election, wouldn't name a single Trump policy he disagreed with, and couldn't answer the obvious question of what 1% interest rates would do to consumer prices — even though he'd already admitted inflation comes from government spending and money printing. Before breaking down the hearing, Schiff delivers a history of the Federal Reserve that most economics PhDs have never learned: why the Fed was created as a private bank to issue superior banknotes backed by 40% gold, how the original act prohibited the Fed from owning treasuries, and how World War I opened the door to everything wrong with monetary policy today. He also takes aim at MicroStrategy's Strategy preferred stock as a textbook Ponzi scheme — Saylor can only pay the 11.5% yield by selling new shares, and the fine print lets him stop paying whenever he wants. Chapters: 00:00 Cold Open and Intro 00:57 Warsh Nomination Stakes 02:34 InvestingPro Sponsor Demo 07:32 Why Fed History Matters 08:08 Before the Fed Era 11:12 Fed Independence and Constitution 14:00 Superior Banknotes Explained 17:40 Outskill Sponsor Break 21:47 Elastic Money Supply Myth 25:49 War Finance and Treasuries 32:16 Hearing Reactions Begin 33:05 Trump Spending And Inflation 34:02 Warren Attacks And Rate Cuts 35:17 Warsh Denies Being Puppet 36:34 Fed Praise And Wealth 38:16 Price Stability Redefined 41:15 Dodging Trump Questions 43:45 One Percent Rates And QE 46:06 Inflation Tax And Deficits 47:00 Fed Chair And The Dollar 49:54 No CBDC Crypto Pandering 50:46 MicroStrategy Ponzi Rant 54:20 Lawyer Evasions And Politics 57:34 Warsh Verdict And Gold Pitch 01:02:11 Final Wrap And Signoff Follow @peterschiff X: https://twitter.com/peterschiff Instagram: https://instagram.com/peterschiff TikTok: https://tiktok.com/@peterschiffofficial Facebook: https://facebook.com/peterschiff Free Reports & Market Updates: https://www.europac.com Book Store: https://schiffradio.com/books Sign up for Peter's most valuable insights at https://schiffsovereign.com Schiff Gold News: https://www.schiffgold.com/news #PeterSchiffShow #FedChair #KevinWarsh Privacy & Opt-Out: https://redcircle.com/privacy [https://redcircle.com/privacy]

Hank Paulson Warns of Debt Crisis He Helped Create

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 [https://hims.com/gold] to get a personalized, affordable plan that gets you This episode is also sponsored by NetSuite. Download Netsuite’s free business guide, Demystifying AI, at https://netsuite.com/gold [https://netsuite.com/gold] Former 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 Open 00:57 Live From Puerto Rico 01:59 War Headlines Fuel Rally 04:12 Bitcoin Gold Silver Check 07:07 Fed Policy And Real Rates 08:54 Producer Prices Reality Check 11:09 Paulson Warns Debt Crisis 19:09 Panama Versus New York Taxes 22:21 How Wealth Gets Created 25:42 Fair Share And Job Creation 30:03 Wealth Creation Backlash 31:52 City Owned Grocery Plan 34:11 Profit Motive And Prices 39:18 Subsidies And Market Damage 43:25 Farm Subsidies And USSR 45:36 Taxing Nonresident Condos 51:06 Why Profit Builds Cities 51:59 Property Tax Critique 59:44 Closing Markets And Gold Follow @peterschiff X: https://twitter.com/peterschiff Instagram: https://instagram.com/peterschiff TikTok: https://tiktok.com/@peterschiffofficial Facebook: https://facebook.com/peterschiff Free Reports & Market Updates: https://www.europac.com Book Store: https://schiffradio.com/books Sign up for Peter's most valuable insights at https://schiffsovereign.com Schiff Gold News: https://www.schiffgold.com/news #PeterSchiffShow #DebtCrisis #GoldInvesting Privacy & Opt-Out: https://redcircle.com/privacy [https://redcircle.com/privacy]