The Peter Schiff Show Podcast

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.

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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

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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

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#Gold #OilPrices #Inflation

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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.

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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

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Peter discusses the Iran war, the market reaction in gold and silver, the plunge in mining stocks, the surge in oil, Bitcoin’s dead-cat bounce, weak jobs data, rising inflation risks, the coming recession, de-dollarization, and why he believes this selloff is an opportunity to buy, not a reason to panic.

Peter Schiff breaks down why gold and silver sold off during the first week of the Iran war — and why he believes the market is getting it wrong. While many investors expected war to send precious metals sharply higher, gold finished the week down and mining stocks were hit even harder. Peter explains why this looks like a classic buy-the-rumor, sell-the-fact reaction, not the end of the bull market.

He argues that the real consequences of war have not yet been fully priced in: higher oil, bigger deficits, more money printing, stickier inflation, a weaker economy, and a weaker dollar over time. Peter also explains why he believes the political fallout could be severe, why Republicans may pay a heavy price in the midterms, and why the long-term winners remain gold, silver, mining stocks, and foreign markets positioned for de-dollarization.

Chapters:
00:00 War Context And Setup
02:08 Weekly Metals Selloff
04:14 Buy Rumor Sell Fact
06:52 Oil Spike And Optimism
09:38 Energy Reality Check
11:37 War Escalation And Politics
15:34 Stocks Dollar Bitcoin Moves
17:52 Deficits Inflation And Gold
24:53 Weak Economy And Jobs Shock
33:07 Midterms Outlook And Wrap

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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.

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Peter 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 Begins
03:41 Constitutional War Powers
08:48 War Powers Act Explained
12:00 From Strike To Regime Change
14:00 No Surprise Argument
15:57 Regime Change Risks
21:03 Iraq WMD Lies
23:08 Israel Rubio Timeline
25:45 Trump Preemptive Claim
29:07 Demand The Intelligence
29:25 War Justification Doubts
31:02 Broken Promises Fallout
32:32 Regime Change Quagmire
33:30 Distraction and Scapegoats
35:51 Wag the Dog Headlines
37:31 Rally Round the Flag
40:23 War Hits Economy and Oil
43:22 Markets Shrug Then React
47:36 Gold Selloff Explained
49:28 Wars Paid by Inflation
53:19 Buy the Dip Strategy
55:31 Wrap Up and Next Update

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