The Peter Schiff Show Podcast

Gold & Silver Bottom, Bitcoin Cracks as War and Oil Spike Hit Markets

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 Bottom 01:12 War Headlines Whipsaw 05:13 Fed Rates vs Inflation 05:59 Stocks Slide Into Correction 10:22 War Costs and Deficits 12:15 Bitcoin Safe Haven Myth 13:47 Oil Yields and Bonds 16:38 Bitcoin Mortgages Risk 20:05 Dollar Weakness and Politics 30:33 Buy Gold and Wrap Up 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 #gold #inflation #oilprices Our Sponsors: * Check out Fast Growing Trees and use my code GOLD for a great deal: https://www.fast-growing-trees.com * Check out GhostBed: https://ghostbed.com/PETER * Check out Quince: https://quince.com/GOLD * Check out TruDiagnostic and use my code GOLD20 for a great deal: https://www.trudiagnostic.com Privacy & Opt-Out: https://redcircle.com/privacy [https://redcircle.com/privacy]

$200 BILLION War Debt While Americans Face 19% Import Price Inflation Crisis

Treasury Secretary Scott Bessent dismisses questions about how America will pay for a $200 billion war with Iran, claiming "we have plenty of money"—but Peter Schiff exposes the dangerous delusion behind deficit spending and reveals how import/export prices are already screaming inflation that will dwarf anything under Biden. - Sponsored by Function. Visit https://www.functionhealth.com/peter or use gift code PETER25 for a $25 credit toward your membership - Sponsored by Grammarly. Download Grammarly for free at http://grammarly.com [http://grammarly.com] Peter Schiff exposes the Trump administration's reckless war financing, revealing Treasury Secretary Scott Bessent's shocking dismissal of questions about paying for a $200 billion Iran War appropriation. When pressed on funding sources, Bessent called the question "ridiculous" and claimed America has "plenty of money" despite $39 trillion in debt, ruling out tax increases while offering no spending cuts. Schiff argues this proves the biggest threat to America isn't Iran but Washington's own fiscal irresponsibility, as the war becomes a convenient scapegoat for the massive inflation already baked into the economy from Trump's policies. The episode reveals Trump's market manipulation through contradictory Truth Social posts - issuing ultimatums that crash markets, then announcing "great progress" in negotiations that reverse the moves, with suspicious large trades placed minutes before his reversal posts. Meanwhile, import/export prices exploded 16.8% and 19.6% annualized in February alone, signaling the inflation tsunami coming in 2026. Schiff also delivers major legal updates: his civil rights lawsuit against the IRS conspiracy was dismissed with prejudice, but he won a crucial FOIA battle forcing the government to release hundreds of redacted pages that could expose massive corruption at the highest levels of multiple government agencies. Chapters: 00:00 — Cold Open and Intro 00:56 — War Funding and Taxes 09:12 — Debt Inflation and Sacrifice 11:09 — Credibility and Market Moves 14:39 — Ultimatums and Market Whiplash 18:33 — Gold Silver and Real Rates 31:30 — Taco Pattern and War Spin 33:44 — Ceasefire Demands and Stalemate 35:46 — Oil Fertilizer and Aftermath Risks 36:53 — Strategic Stockpiling Surge 38:31 — Mortgage Demand Cracks 41:20 — Import Export Prices Signal Inflation 46:48 — War As Inflation Scapegoat 50:03 — Euro Pacific Bank Legal Fight 52:28 — Civil Rights Case Dismissed 59:29 — FOIA Lawsuit Breakthrough 1:01:17 — Redactions Reveal Conspiracy 1:06:56 — Courts And Government Accountability 1:15:43 — Gold Silver Final Pitch #GoldInvesting #IranWar #InflationCrisis Our Sponsors: * Check out Fast Growing Trees and use my code GOLD for a great deal: https://www.fast-growing-trees.com * Check out GhostBed: https://ghostbed.com/PETER * Check out Quince: https://quince.com/GOLD * Check out TruDiagnostic and use my code GOLD20 for a great deal: https://www.trudiagnostic.com Privacy & Opt-Out: https://redcircle.com/privacy [https://redcircle.com/privacy]

Fed ADMITS They're TOTALLY WRONG About Inflation

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/ [https://www.investing-referral.com/peterschiff/] - This episode is also sponsored by ExpressVPN. Get an extra 4 months free. https://expressvpn.com/gold [https://expressvpn.com/gold] Peter 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 Preview 01:21 Weak Growth and Rising Inflation 05:43 Hot PPI Shocks Gold Markets 16:01 Housing Bubble and GSE Risks 22:12 FOMC Decision and Market Fallout 32:07 Fed Blames Tariffs 33:30 Cuts Based on Faith 36:36 Oil Shocks and Easy Policy 44:05 Stagflation and Debt Trap 56:36 Powell Probe 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 #InflationAlert #FedPolicy #GoldInvesting Our Sponsors: * Check out Fast Growing Trees and use my code GOLD for a great deal: https://www.fast-growing-trees.com * Check out GhostBed: https://ghostbed.com/PETER * Check out Quince: https://quince.com/GOLD * Check out TruDiagnostic and use my code GOLD20 for a great deal: https://www.trudiagnostic.com Privacy & Opt-Out: https://redcircle.com/privacy [https://redcircle.com/privacy]

War, Oil, and Inflation Are Setting Up Gold’s Next Surge

Gold falls as war drives oil higher, but Peter Schiff says stagflation, deficits, and a weaker dollar are setting up gold’s next major surge. Peter Schiff explains why the latest pullback in gold, silver, and mining stocks is not a sign that the bull market is over, but a temporary reaction to rising oil prices, higher bond yields, and a stronger dollar. He argues that markets are focusing too narrowly on delayed Fed rate cuts while missing the bigger picture: war-driven deficits, stubborn inflation, a weakening economy, and mounting pressure on the Federal Reserve to eventually monetize even more debt. He also breaks down soft GDP growth, rising PCE inflation, weakness in housing, and what he sees as the widening gap between Trump’s economic claims and the underlying data. Schiff’s core thesis is that stagflation, war spending, and long-term dollar weakness remain strongly bullish for gold and silver, while the current selloff is creating another buying opportunity. Chapters: 00:00 Metals Pullback Buy Zone 02:00 Stocks Oil Rates Dollar 05:07 War Deficits Bullish Gold 09:51 Inflation Reality Check 17:10 Housing Bubble Warning 22:54 Lies or Delusion 24:18 Economic Boom Claims 25:15 War Fallout and Stagflation 33:07 Gold Silver Big Picture 37:56 Buy the Dip and Wrap Up 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 #Gold #OilPrices #Inflation Our Sponsors: * Check out Fast Growing Trees and use my code GOLD for a great deal: https://www.fast-growing-trees.com * Check out GhostBed: https://ghostbed.com/PETER * Check out Quince: https://quince.com/GOLD * Check out TruDiagnostic and use my code GOLD20 for a great deal: https://www.trudiagnostic.com Privacy & Opt-Out: https://redcircle.com/privacy [https://redcircle.com/privacy]

Trump Targets Thomas Massey, Oil Explodes, Iran War Costs Revealed

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/gold Peter 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 Open 00:00:55 War and Oil Shock 00:09:45 Inflation and Fed Blame 00:16:20 Unconditional Surrender Walkback 00:21:57 Dollar Power and Gold Outlook 00:29:31 Mining Stocks Selloff 00:31:14 Oil Spike and Profits 00:32:24 How to Buy Exposure 00:33:41 CPI and Inflation Reality 00:37:27 Massey Trump and Media 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 #OilPrices #GoldInvesting Our Sponsors: * Check out Fast Growing Trees and use my code GOLD for a great deal: https://www.fast-growing-trees.com * Check out GhostBed: https://ghostbed.com/PETER * Check out Quince: https://quince.com/GOLD * Check out TruDiagnostic and use my code GOLD20 for a great deal: https://www.trudiagnostic.com Privacy & Opt-Out: https://redcircle.com/privacy [https://redcircle.com/privacy]