Gold and silver just posted historic record highs, and Wall Street is still asleep.

In this week’s Schiff Gold Friday Market Wrap, Peter Schiff breaks down the biggest one-day dollar rally in gold history, silver’s surge above $90 an ounce, and why recent volatility is consolidation at extreme highs — not a top.

Peter explains why:

• Gold and silver are flashing early warnings of a coming U.S. dollar and Treasury bond crisis
• Mining stocks remain dramatically undervalued despite exploding metal prices
• Inflation is accelerating again while the Fed talks about rate cuts
• Rising Japanese bond yields threaten global bond markets
• Trump-era policies are unintentionally pushing the world away from the dollar and into gold
• CPI headlines are misleading while producer inflation is surging
• This moment mirrors subprime in 2007 — an early signal before a much larger crisis

Gold is reacting first. Silver followed. Bonds and the dollar are next.

Peter also explains why waiting for pullbacks is a mistake, why physical silver supplies may tighten sharply, and why this bull market is just getting started.

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Peter Schiff examines the soaring prices of gold and silver, critiques Trump's Fed policies, and discusses the implications for the dollar and global markets.

This episode is sponsored by NetSuite. Download the free “demystifying ai” at https://netsuite.com/gold

In this episode of The Peter Schiff Show, host Peter Schiff delves into the escalating feud between former President Trump and Federal Reserve Chairman Jerome Powell, examining the implications for gold and silver markets. Peter highlights the recent surge in precious metals, driven by Powell's legal troubles and Trump’s controversial proposals, including a proposed cap on credit card interest rates. As Schiff critiques the mainstream media's dismissal of these significant market movements, he emphasizes the necessity for investors to reassess their positions amid a potential dollar crisis. With insights into the realities of monetary policy and the threats to financial stability, Peter Schiff offers a compelling analysis of the current economic landscape.

Chapters:

00:00 Introduction and Market Overview

01:04 Precious Metals Surge

04:19 Gold and Silver Mining Stocks

06:08 Mainstream Media's Take on Gold

11:05 Jerome Powell's Legal Troubles

18:50 Trump vs. Powell: The Fed Feud

24:06 Implications for the Dollar and Gold

31:15 Bitcoin and Other Markets

32:28 Trump's Proposed Credit Card Interest Cap

32:55 Credit Card Interest Rates and Government Intervention

33:58 Comparing Trump and Kamala Harris on Price Controls

35:23 The Reality of Credit Card Market Competition

39:58 Consequences of Capping Credit Card Interest Rates

43:38 Trump's Views on Presidential Power and Foreign Policy

49:25 Economic Implications and Investment Advice

01:00:01 Final Thoughts and Call to Action

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#TrumpFedFeud #GoldAndSilver #EconomicImplications

In this Schiff Gold Friday Market Wrap, Peter Schiff breaks down the explosive start to 2026 for precious metals after a historic 2025: gold surged, silver and platinum ripped higher, and mining stocks finally confirmed the bull market by outperforming the metals. Peter explains why this is no longer “just a gold story,” why silver’s breakout likely reset support far above the old $50 ceiling, and why miners still look cheap despite massive gains.

He also warns that 2026 could bring a physical silver squeeze—rising demand, tightening supply, and potential premium spikes that may make getting silver harder than simply watching the spot price. Peter connects the metals move to the bigger macro backdrop: de-dollarization, ballooning U.S. deficits and debt, weakening labor data, rising global yields (including Japan), and policy-driven inflation pressures.

Finally, he revisits the fading “Bitcoin as digital gold” narrative—why Bitcoin lagged while real money led, and why that shift could accelerate capital flows toward gold, silver, and mining stocks in 2026.

⭐️ Sign up for Peter's most valuable insights at https://schiffsovereign.com

🔔 Free Reports & Market Updates: https://www.europac.com

🟨 Gold News: http://www.schiffgold.com/news

📘 Book Store: https://schiffradio.com/books

👉 Follow Peter Schiff on Twitter: https://twitter.com/peterschiff

👉 Follow Peter Schiff on Instagram: https://instagram.com/peterschiff

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