Peter Schiff

America was founded by rugged individuals who created government to secure their rights and leave them alone. Americans today want government to violate other people's rights, steal their stuff, and give it to them. The home of the free has become the land of the freeloader.

Powell blames all of the near-term inflation risk on tariffs. In truth, the overall risk results from past and present Fed monetary policy of repeated QE and keeping interest rates too low for too long, which fueled excess consumption and enabled continued government profligacy.

One of the biggest mistakes investors or advisors can make is holding too much cash—especially U.S. dollars. It’s OK to keep some on hand to buy the next tariff-inspired dip in non-U.S. stocks, but don’t hold too much. Foreign stocks may rise quite a bit more before pulling back.

Someone pointed out that I do own Bitcoin. I have some in my Strategic Bitcoin Reserve. But I promised donors that I'd never sell, so it's like I don't really own it. The market value is over $6,500. Feel free to contribute to the cause. bc1q0vxwxsmkjy5t95qpc0mfznl59928grsr4wfa97

I may not own any Bitcoin, but I have a lot more money in gold and silver mining stocks than many Bitcoin whales have in Bitcoin. Bitcoin is up 27% so far in 2025, while the $GDX is up 61%. Have fun staying poor, Bitcoiners!

The $GDX just hit a new 52-week high—ahead of gold. The last time GDX was this high was October 2012. But back then, gold was just $1,700. So gold prices have doubled, yet major gold mining stocks are flat. That tells you how cheap they still are. If you buy now it's still early.

Trump just called “Too-Late Powell” a numbskull for not slashing interest rates and vowed to replace him with someone “smarter” who will. That alone could send gold to new highs. Trump won’t make America great again—but he’ll make gold great again.

Gold is up another $30 today, trading above $3,425. It’s now just $20 below its all-time record high. Yet gold mining stocks still have some catching up to do, with $GDXJ needing to rally another 2.6% to get back to the June high. It could easily do that by the end of the day!

Gold has now solidly cleared $3,400, trading above $3,415. Silver is also above $39, hitting its highest price since 2012—on its way to $40 and beyond. Yet silver stocks are still well below last week's highs, given all the fear among investors that the market is about to tank.

Meme Stock Mania Makes Glorious Return Thanks To Mindblowing OPEN Gamma Squeeze zerohedge.com/markets/meme-s…

Mass Layoffs Continue Across Freight-Related Companies In The US zerohedge.com/personal-finan…

We’re getting close to another big leg up in gold and silver, which I think will send gold and silver mining stocks soaring. The gains could be so large that Wall Street finally takes notice. The first money into the sector will likely come out of Bitcoin and crypto.

As long as the government can get away with excluding the true magnitude of price increases from the CPI and millions of unemployed workers from the official unemployment number, we can pretend that unemployment is low and that there's no inflation. But lies don't change reality!

Fed Chair Powell Criminally Referred To DoJ For Perjury zerohedge.com/political/fed-…

🔴 Trump Calls Powell Too Dumb for “Easiest Job” - Ep 1033 youtube.com/watch?v=tTnsOz…

Ether is back near the upper end of its trading range again. If you own any, this is a great time to sell. As much as it pains me to say, selling Ether and buying Bitcoin with the proceeds is a better trade than holding Ether.

Trump's tariffs will be a huge win—for America's trading partners. He'll push them to do what they should've done years ago: stop vendor financing U.S. consumers, dump dollars and Treasuries, and focus on funding their own investments and meeting their own consumer demand.