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Peter Schiff

Euro Pacific
First call on the ledger

No calls filed yet. Quotes in curly quotation marks are verbatim; everything else is a labeled paraphrase. Every call links its original source. Before you trust the call, check the record.

Since they said it

20 directional calls with a price to read (9 bullish, 11 bearish). 1 week later, with the call in 4 of 11; 1 month later, with the call in 5 of 11; 3 months later, with the call in 4 of 8. Prices as of 2026-09-11. Three fixed windows, the same for every call, always shown together: one week, one month, three months after the first close that followed the tape. What the market did, not a score: a call can have a different horizon, and a view with no number or deadline is never graded here.

Gold from 2025-06-02 to 2026-09-11 · ▲ bullish · ▼ bearish · dot = the close that day
5,3183,274
DateMarketCallWhat was said1 week1 month3 months
2026-09-08
from 4,416
GoldBullish (Leaning)Copper is at a new all-time record high today and I think that's a good leading indicator of where other commodities are going, including gold.not yetnot yetnot yet
2026-09-08
from 7,636
S&P 500Bearish (Leaning)I think the US stock market has been held up by AI and all of the capex and the expectations of, you know, AI windfall profits, I think are keeping a bid in the US stock market.not yetnot yetnot yet
2026-09-08
from 26,253
NasdaqBearish (Leaning)And those MAG 7 stocks are just way too popular, I think.not yetnot yetnot yet
2026-09-08
from 96.05
WTI crudeBullishI bought a lot more energy stocks myself on the last time we had a big pullback, which I think was earlier in the year. But I still think that they're going higher.not yetnot yetnot yet
2026-09-08
from 96.05
WTI crudeBearishIt's going to be empty before this war ends.not yetnot yetnot yet
2026-09-08
from 78,451
BitcoinBearishBut I think that Bitcoin is going to roll over. I don't think there's a lot of upside. I do think that the bubble has popped. I think the highs are in. I think we're headed a lot lower with Bitcoin.not yetnot yetnot yet
2026-09-08
from 7,636
S&P 500Bullish (Leaning)The S&P, I would bet it would be higher in a year, nominally.not yetnot yetnot yet
2026-09-08
from 223.7
NvidiaBearish (Hedged)Invidia, I guess, is in there, right? I think that one is pretty expensive.not yetnot yetnot yet
2026-09-08
from 4,416
GoldBearishI think that US real estate prices will be lower five years from now than they are today, certainly in terms of gold.not yetnot yetnot yet
2026-07-23
from 65,052
BitcoinBearish“I think five years from now, Bitcoin will be lower than it is today”-0.5%
with the call
+18.5%
against the call
not yet
2026-07-06
from 4,145
GoldBullish“gold is still in a major, major bull market”-2.0%
against the call
+2.4%
with the call
not yet
2026-07-06
from 64,001
BitcoinBearish“I don't even know if Bitcoin is going to be around in another decade”-2.7%
with the call
+0.9%
against the call
not yet
2026-01-19
from 4,760
GoldBullishEuropean central banks can sell U.S. dollars, they can sell U.S. Treasuries, and they can buy more gold. I think that would hit the U.S. where it hurts and it would actually help Europe because gold prices are going to keep going up.+6.7%
with the call
+4.5%
with the call
-1.3%
against the call
2026-01-19
from 6,797
S&P 500BearishI think that there's a good indication that the U.S. is heading towards a worse financial crisis than what we had in 08, because I think this time it's going to be a sovereign debt crisis and a dollar crisis.+2.7%
against the call
+1.0%
against the call
+3.9%
against the call
2025-10-14
from 51.07
SilverBullish (Leaning)I think we're setting ourselves up for a huge short covering rally, but this is an all time record high for silver.-7.1%
against the call
+3.9%
with the call
+79.9%
with the call
2025-10-14
from 4,177
GoldBullishSo I think this is the beginning of a much bigger move in both gold and silver.-3.2%
against the call
+0.2%
with the call
+10.5%
with the call
2025-06-30
from 96.82
Dollar indexBearishSo the dollar is going down across the board and it's going to continue to go down.+0.7%
against the call
+3.3%
against the call
+1.0%
against the call
2025-06-30
from 3,337
GoldBullishAnd I think this is a bullish thing. This is bullish for precious metals. It's not just a gold rally now. It is a precious metals rally.-0.9%
against the call
-1.2%
against the call
+14.5%
with the call
2025-06-30
from 36.08
SilverBullishHow can people not want to buy silver at $36? I mean, that's ridiculously cheap.+1.1%
with the call
+4.1%
with the call
+29.2%
with the call
2025-06-30
from 6,198
S&P 500BearishAnd if you've got a real rally in the US stock market, sell into it.+1.1%
against the call
+2.3%
against the call
+7.9%
against the call

Where they stand

Views on the record but not scoreable bets: no single number and deadline to grade. Shown in their exact words, never scored.

DovishThe Fed leaning · 2026-09-08
Peter Schiff tells the TheStreet anchor that despite all the hike talk the Fed is more likely to cut rates than raise them (though he thinks it should hike).
they actually haven't hiked rates and I still think that they're more likely to cut them.
BullishGold & Hard Assets leaning · 2026-09-08
Peter Schiff reads copper's record high as a leading indicator that other commodities, including gold, are heading higher.
Copper is at a new all-time record high today and I think that's a good leading indicator of where other commodities are going, including gold.
Gold since this was said: ▼ -0.4% · 4,394 → 4,375 · as of 2026-09-11
BullishGold & Hard Assets 2026-09-08
Peter Schiff expects gold, about $4,400 at taping, to trade well above its January-February 2026 high of roughly $5,500 during 2027.
We got to $5,500 in January, February. I think we're going to go a lot higher than that in 2027.
Gold since this was said: ▼ -0.4% · 4,394 → 4,375 · as of 2026-09-11
NeutralThe Fed 2026-09-08
Peter Schiff says that with a vote at the September FOMC he would back a 200bp-plus hike plus large balance-sheet reduction; this is what he thinks the Fed should do, not what he expects.
I would vote for a big hike. I don't know, the couple of hundred basis points at least.
HoldThe Fed leaning · 2026-09-08
Peter Schiff expects the Fed not to hike at the September 2026 FOMC, against market pricing of roughly 60% for a hike.
Well, I still think they won't hike. I don't know what they gain by hiking 25 basis points because it's too little too late to do anything about inflation
HoldThe Fed hedged · 2026-09-08
Peter Schiff says if the Fed hikes at all before the election it has to be at the September meeting; otherwise no hike until maybe December.
So either they do it now or they're not going to do it until maybe December.
BearishThe U.S. Economy hedged · 2026-09-08
Peter Schiff suggests the August jobs beat reported on Friday may be revised down to a miss by December, undercutting the case for hikes.
we may find out that the jobs numbers that were reported as a beat on Friday, they may be revised down to a miss by December.
BearishThe U.S. Economy 2026-09-08
Peter Schiff says that even with unchanged rates US interest on the national debt will exceed $2 trillion a year by the time Trump leaves office.
by the time Trump leaves office, we'll be spending more than two trillion a year in interest on the national debt.
NeutralThe Fed 2026-09-08
Peter Schiff expects the Fed never to run tight policy because the government cannot afford higher rates; the only question is how easy it stays.
So the Fed is never going to have a tight monetary policy. It's always going to be easy. The question is how easy.
BearishThe U.S. Economy 2026-09-08
Peter Schiff says the national debt will go from $40 trillion to $50 trillion much faster than it went from $30 to $40 trillion, pressuring the dollar and lifting gold.
We're going to go from 40 trillion to 50 trillion a lot faster than we went from 30 trillion to 40 trillion.
BullishGold & Hard Assets 2026-09-08
Peter Schiff tells retail viewers $4,400 gold is a buying opportunity: support around $4,000, roughly 10% downside against a potential double or triple.
I think that the support is around 4,000. So the downside risk, realistically, in my mind, is only about 10% if you buy gold here.
Gold since this was said: ▼ -0.4% · 4,394 → 4,375 · as of 2026-09-11
BearishThe Dollar 2026-09-08
Peter Schiff says the US will not prevent a currency or sovereign-debt crisis because it will keep running reckless fiscal and monetary policy until forced to stop.
we are not going to prevent a currency crisis or a sovereign debt crisis. We're going to keep pursuing these reckless policies until we have no choice.
BearishThe AI Trade leaning · 2026-09-08
Peter Schiff says AI capex and hoped-for AI windfall profits are the only thing keeping a bid under cap-weighted US indexes; ex-AI the market is not doing well.
I think the US stock market has been held up by AI and all of the capex and the expectations of, you know, AI windfall profits, I think are keeping a bid in the US stock market.
S&P 500 since this was said: ▼ -1.1% · 7,674 → 7,592 · as of 2026-09-10
BearishThe S&P 500 2026-09-08
Peter Schiff says the US stock market is very expensive unless the most optimistic AI assumptions come true.
But the market is very expensive unless the most optimistic assumptions about AI end up being true.
S&P 500 since this was said: ▼ -1.1% · 7,674 → 7,592 · as of 2026-09-10
BearishThe S&P 500 2026-09-08
Peter Schiff expects US stocks to fall in real (gold) terms while conceding they may not fall in nominal terms because of inflation.
I said US stocks are overpriced. I expect them to fall in real terms. I never really thought that they would go down in nominal terms because I've always believed there'd be a lot of inflation.
S&P 500 since this was said: ▼ -1.1% · 7,674 → 7,592 · as of 2026-09-10
BullishGlobal Equities 2026-09-08
Peter Schiff says foreign stocks began beating US stocks again last year and an extended period of foreign outperformance is starting.
starting last year, foreign stocks are smoking US stocks again. And so I think we're going to be in another extended period of time where you get outperformance.
BearishThe U.S. Economy 2026-09-08
Peter Schiff tells investors to stay out of cash and out of US bonds because inflation destroys fixed income; own gold, silver and foreign stocks instead.
I've been very clear over the years, stay out of cash, stay out of bonds.
BearishThe AI Trade leaning · 2026-09-08
Peter Schiff says the Mag 7 are far too popular and carry worse P/Es than the Asian tech names he owns; he is underweight tech.
And those MAG 7 stocks are just way too popular, I think.
Nasdaq since this was said: ▼ -1.3% · 26,421 → 26,082 · as of 2026-09-10
BearishThe Crash Question hedged · 2026-09-08
Peter Schiff says if the 10-year breaks above 5-5.5% and the 30-year tops 6% he would expect a meaningful stock pullback with forced selling of the mega-cap tech names.
But if we start to get a bigger move up, I would not be surprised to see a meaningful pullback in the stock market.
S&P 500 since this was said: ▼ -1.1% · 7,674 → 7,592 · as of 2026-09-10
BullishGold & Hard Assets 2026-09-08
Peter Schiff, massively overweight gold and silver miners, expects their strong run of the last few years to continue.
But for the last few years, it's been really good. And I expect that to continue.
Gold since this was said: ▼ -0.4% · 4,394 → 4,375 · as of 2026-09-11
BullishOil & Gas 2026-09-08
Peter Schiff says energy stocks are still going higher even after the run, because the AI build-out will consume enormous energy and oil companies will make a lot of money.
I bought a lot more energy stocks myself on the last time we had a big pullback, which I think was earlier in the year. But I still think that they're going higher.
WTI crude since this was said: ▲ +7.1% · 93.03 → 99.65 · as of 2026-09-11
BullishOil & Gas 2026-09-08
Peter Schiff expects oil prices to be higher, not lower, when the Iran war ends, and possibly a lot higher.
I think regardless, I think oil prices are headed higher, not lower when the war is over. And they could be headed a lot higher.
WTI crude since this was said: ▲ +7.1% · 93.03 → 99.65 · as of 2026-09-11
BearishOil & Gas 2026-09-08
Peter Schiff predicts the US Strategic Petroleum Reserve will be exhausted before the Iran war ends.
It's going to be empty before this war ends.
WTI crude since this was said: ▲ +7.1% · 93.03 → 99.65 · as of 2026-09-11
BullishOil & Gas 2026-09-08
Peter Schiff says oil is going above its 2008 record of about $140 to at least $200 a barrel, possibly more.
I think we're going higher than that. So I would say at least $200 a barrel could be more.
WTI crude since this was said: ▲ +7.1% · 93.03 → 99.65 · as of 2026-09-11
BearishBitcoin & Crypto 2026-09-08
Peter Schiff says Bitcoin's bubble has popped, the highs are in, the recent rally to ~$79k was short covering, and the price is headed a lot lower.
But I think that Bitcoin is going to roll over. I don't think there's a lot of upside. I do think that the bubble has popped. I think the highs are in. I think we're headed a lot lower with Bitcoin.
Bitcoin since this was said: ▼ -2.7% · 79,093 → 76,930 · as of 2026-09-11
BearishBitcoin & Crypto 2026-09-08
Peter Schiff expects Bitcoin to break below $50,000.
But I think, you know, we break below $50,000 on Bitcoin
Bitcoin since this was said: ▼ -2.7% · 79,093 → 76,930 · as of 2026-09-11
BearishBitcoin & Crypto hedged · 2026-09-08
Peter Schiff says a break below $50,000 could trigger a wave of liquidations and bankruptcies among Bitcoin treasury companies, whose forced selling would have no buyers.
I think that could open up a trap door and you could see a massive wave of liquidation and a big run of bankruptcies, too, of these Bitcoin treasury companies.
Bitcoin since this was said: ▼ -2.7% · 79,093 → 76,930 · as of 2026-09-11
BullishGold & Hard Assets 2026-09-08
Peter Schiff tells a retail investor to hold 10% to as much as 20% in physical precious metals, ~20% short-term foreign bonds, the rest in foreign stocks, zero US stocks.
I would say that people should have 10% to maybe even as much as 20% in physical precious metals.
Gold since this was said: ▼ -0.4% · 4,394 → 4,375 · as of 2026-09-11
BullishGlobal Equities 2026-09-08
Peter Schiff says to overweight value over growth and emerging markets over developed markets right now, with an underweight in tech.
But I would look to overweight value over growth and emerging markets over developed markets right now.
BullishThe S&P 500 leaning · 2026-09-08
Peter Schiff would bet the S&P 500 is higher in nominal terms one year from now, choosing it over cash for the next 12 months despite his real-terms bear view.
The S&P, I would bet it would be higher in a year, nominally.
S&P 500 since this was said: ▼ -1.1% · 7,674 → 7,592 · as of 2026-09-10
BearishBitcoin & Crypto hedged · 2026-09-08
Peter Schiff, forced to own one, would take US Treasuries over Bitcoin.
Well, I don't know, probably Treasuries. I probably own Treasuries over Bitcoin.
Bitcoin since this was said: ▼ -2.7% · 79,093 → 76,930 · as of 2026-09-11
BearishAI Winners & Chips hedged · 2026-09-08
Peter Schiff, asked which Mag 7 name to avoid, picks Nvidia as pretty expensive while admitting he has not looked closely.
Invidia, I guess, is in there, right? I think that one is pretty expensive.
Nvidia since this was said: ▼ -3.3% · 225.7 → 218.4 · as of 2026-09-10
NeutralSpaceX hedged · 2026-09-08
Peter Schiff guesses SpaceX and Tesla will probably end up as one company, while saying he does not know.
Well, they're probably going to end up being the same company, but I don't know.
Tesla since this was said: ▼ -1.2% · 368.2 → 363.6 · as of 2026-09-10
BearishSpaceX hedged · 2026-09-08
Peter Schiff says both SpaceX and Tesla are badly overpriced and SpaceX may be the more overpriced of the two, so he would reluctantly take Tesla.
Actually, SpaceX may be more overpriced than Tesla, so maybe Tesla.
BearishHousing 2026-09-08
Peter Schiff expects US real estate prices to be lower five years from now measured in gold (and in real terms), with nominal direction left open.
I think that US real estate prices will be lower five years from now than they are today, certainly in terms of gold.
Gold since this was said: ▼ -0.4% · 4,394 → 4,375 · as of 2026-09-11
BullishInflation 2026-09-08
Peter Schiff says inflation is the bigger risk to investors and a recession would only bring more inflation because the government stimulates by printing.
And in fact, if there's a recession, then that's going to be even more inflation.
NeutralThe Fed 2026-09-08
Peter Schiff says cutting too soon is a bigger Fed mistake than hiking, and the real error is that the Fed will not hike enough even if it hikes.
Well, cutting is a bigger mistake than hiking. But the mistake is they're not going to hike enough, even if they do hike.
BearishThe AI Trade 2026-09-08
Peter Schiff says American tech is in a bubble.
I think tech is a bubble in general. It's in a bubble.
Nasdaq since this was said: ▼ -1.3% · 26,421 → 26,082 · as of 2026-09-10
BearishInflation 2026-07-23
US inflation direction from here
“I think inflation, as measured by the CPI, or any way you wanna measure it, is headed higher.”
BearishInflation 2026-07-23
asked how high inflation could go. answer to the host question; the double-digit floor is unconditional
“Oh, double digits for sure.”
BearishBitcoin & Crypto 2026-07-23
5-year BTC forecast in the Pompliano debate. clean binary vs the Jul-2031 print; reaffirmed on tape (Really? - Yeah)
“I think five years from now, Bitcoin will be lower than it is today”
Bitcoin since this was said: ▲ +16.4% · 66,077 → 76,930 · as of 2026-09-11
BearishBitcoin & Crypto 2026-07-23
where BTC long-term support sits. teaser cold-open placement at t0=0; in-body version conditional on BTC first breaking 50K
“20, 30,000 is still a big number for Bitcoin”
Bitcoin since this was said: ▲ +16.4% · 66,077 → 76,930 · as of 2026-09-11
BearishMstr 2026-07-23
Strategy (Saylor) equity if BTC breaks. no timeframe; path partly conditional on BTC breaking 50,000
“the common stock will be worthless”
BearishBitcoin & Crypto 2026-07-23
host conceding BTC stagnation despite tailwinds
“the price is not higher than it was five years ago”
Bitcoin since this was said: ▲ +16.4% · 66,077 → 76,930 · as of 2026-09-11
BullishGold & Hard Assets 2026-07-06
On new Fed chair Warsh, at the ECB Forum:
“gold is still in a major, major bull market”
Peter Schiff · Euro Pacific · YouTube ↗
Gold since this was said: ▲ +5.3% · 4,155 → 4,375 · as of 2026-09-11
BearishBitcoin & Crypto 2026-07-06
“I don't even know if Bitcoin is going to be around in another decade”
Peter Schiff · Euro Pacific · YouTube ↗
Bitcoin since this was said: ▲ +21.0% · 63,586 → 76,930 · as of 2026-09-11
NeutralTariffs 2026-01-19
Peter Schiff tells the interviewer that Europe should not retaliate against Trump's tariffs because tariffs hurt the imposing country most.
But tariffs always hurt most the nation that imposes them. So Europe should do nothing.
BullishGold & Hard Assets 2026-01-19
Peter Schiff tells the interviewer that European central banks should sell dollars and Treasuries and buy gold, because gold prices are going to keep going up.
European central banks can sell U.S. dollars, they can sell U.S. Treasuries, and they can buy more gold. I think that would hit the U.S. where it hurts and it would actually help Europe because gold prices are going to keep going up.
Gold since this was said: ▼ -4.6% · 4,588 → 4,375 · as of 2026-09-11
NeutralThe U.S. Economy 2026-01-19
Peter Schiff tells the interviewer the US is broke, with a $38.6T and rising national debt plus larger unfunded liabilities.
We're broke. The United States has a thirty eight point six trillion dollar national debt and rising fast.
BearishThe Crash Question 2026-01-19
Peter Schiff tells the interviewer the US is heading for a sovereign-debt and dollar crisis worse than 2008 (no date).
I think that there's a good indication that the U.S. is heading towards a worse financial crisis than what we had in 08, because I think this time it's going to be a sovereign debt crisis and a dollar crisis.
S&P 500 since this was said: ▲ +9.4% · 6,940 → 7,592 · as of 2026-09-10
BullishGold & Hard Assets hedged · 2026-01-19
Peter Schiff tells the interviewer that if the Fed monetizes Greenland-purchase debt it will create massive inflation, weaken the dollar and push money into gold (conditional).
if the Fed buys the bonds that the government has to sell to raise the money to buy Greenland, then that's just going to create massive inflation in the United States and further suppress the purchasing power of the U.S. dollar and cause more money to flow from dollars and treasuries into gold.
Gold since this was said: ▼ -4.6% · 4,588 → 4,375 · as of 2026-09-11
NeutralTariffs 2026-01-19
Peter Schiff tells the interviewer that Trump's tariffs are plainly unconstitutional and the Supreme Court should strike them 9-0.
there's no question that Trump's tariffs are unconstitutional. I mean, it's not even a close call. It should be nine to one. I mean, nine to zero in favor of striking them down
NeutralTariffs hedged · 2026-01-19
Peter Schiff tells the interviewer that despite the legal merits the Supreme Court may bow to political and fiscal pressure and not strike down the tariffs (hedged).
Supreme Court has a history of bowing to political pressure and there's going to be a lot of pressure on the court not to strike down these tariffs
BearishThe Dollar 2026-01-19
Peter Schiff tells the interviewer that the dollar-centered fiat reserve system, of which the US has been the main beneficiary, is about to unravel.
The dollar has been the reserve and we have been the principal beneficiaries of this monetary system that I think is about to unravel.
BullishGlobal Equities 2026-01-19
Peter Schiff tells the interviewer that a US dollar collapse and protracted decline would be a net win for the rest of the world, especially emerging markets.
when the dollar collapses and interest rates and consumer prices surge in the United States and we go into a protracted economic decline, I think that's actually a big win for the rest of the world.
BullishThe Dollar 2026-01-19
Peter Schiff tells the interviewer that the Chinese yuan, up ~5% against the dollar last year and again this year, is headed a lot higher.
Last year, the Chinese yuan was appreciated maybe 5% against the U.S. dollar. It's up again this year. I think it's headed a lot higher.
BullishGold & Hard Assets leaning · 2025-10-14
Peter Schiff tells Fox Business (Oct 2025) that silver backwardation sets up a huge short-covering rally.
I think we're setting ourselves up for a huge short covering rally, but this is an all time record high for silver.
Silver since this was said: ▲ +27.8% · 50.31 → 64.31 · as of 2026-09-11
BullishGold & Hard Assets 2025-10-14
Peter Schiff says the 2025 surge is the beginning of a much bigger move in both gold and silver, as in the 1970s.
So I think this is the beginning of a much bigger move in both gold and silver.
Gold since this was said: ▲ +5.7% · 4,139 → 4,375 · as of 2026-09-11
BearishThe Dollar hedged · 2025-10-14
Peter Schiff says the US may face a dollar and sovereign-debt crisis in 2026, reading gold's surge as a 2006-style warning.
I think what we may see next year is a US dollar and sovereign debt crisis.
BullishInflation 2025-10-14
Peter Schiff says Americans face much higher consumer prices and interest rates once the world stops wanting dollars.
So Americans are going to be looking at much, much higher consumer prices, much higher interest rates.
BullishStock Picks leaning · 2025-10-14
Peter Schiff calls Pan American Silver probably the highest-quality silver miner.
Pan American Silver is probably the highest quality of the silver miners.
BullishGold & Hard Assets 2025-10-14
Peter Schiff says any gold or silver miner makes money from here; the group is ridiculously cheap with exploding earnings.
I don't see how you don't make money buying any gold stock or silver stock. I think the whole group is ridiculously cheap and the earnings are exploding.
Gold since this was said: ▲ +5.7% · 4,139 → 4,375 · as of 2026-09-11
BearishThe Dollar 2025-06-30
Peter Schiff, on his June 2025 podcast, says the dollar is falling against every major currency and will keep falling.
So the dollar is going down across the board and it's going to continue to go down.
Dollar index since this was said: ▲ +2.4% · 96.88 → 99.16 · as of 2026-09-11
BullishGold & Hard Assets 2025-06-30
Peter Schiff says the breakout in silver and platinum above major resistance is bullish for the whole precious-metals complex, not just gold.
And I think this is a bullish thing. This is bullish for precious metals. It's not just a gold rally now. It is a precious metals rally.
Gold since this was said: ▲ +32.8% · 3,294 → 4,375 · as of 2026-09-11
NeutralThe Fed 2025-06-30
Peter Schiff says rates are still too low and the Fed should be hiking, not cutting, given the weak dollar and rising commodities.
In fact, rates are still too low. They should be hiking interest rates, especially if you look at what's happening with the dollar.
BullishInflation 2025-06-30
Peter Schiff says commodity prices make it obvious US inflation has bottomed and is heading back up.
If you look at what's happening with commodity prices, it's obvious that inflation is bottomed and is headed back up.
BullishHousing hedged · 2025-06-30
Peter Schiff says if the Fed cut rates, mortgage rates would probably rise rather than fall, as they did after the last 100bp of cuts.
if the Fed did cut interest rates, not only is there no guarantee that mortgage rates wouldn't go down, they'll probably go up.
BullishThe U.S. Economy 2025-06-30
Peter Schiff says US interest rates are going a lot higher from here and when they do the national debt cannot be sustained.
But the reality is rates are going a lot higher from here. They should be a lot higher from here. And when they do get a lot higher, we can't sustain the debt.
BearishThe U.S. Economy 2025-06-30
Peter Schiff says the US has already passed the point of no return on its national debt, not merely an unsustainable path.
We have already arrived at the point of no return as far as I'm concerned.
BullishTariffs leaning · 2025-06-30
Peter Schiff says tariffs will keep more dollars onshore, probably pushing consumer-goods prices up at the expense of asset prices.
So we'll have more money chasing fewer goods as a result of the tariffs, and that will push up consumer good prices at the expense of asset prices. That's what will probably happen.
BearishThe Dollar hedged · 2025-06-30
Peter Schiff, in June 2025, says the dollar could lose 20% of its value against foreign currencies over calendar 2025 at the pace it is falling.
at the rate it's going, the dollar could lose 20% of its value against foreign currencies this year.
BearishThe U.S. Economy 2025-06-30
Peter Schiff says the US does not have the hottest economy in the world and factories are not springing up, citing the weak dollar as money leaving.
to say that factories are springing up all over the place is a complete lie. That's not happening. And we don't have the hottest economy in the world by a long shot.
NeutralThe U.S. Economy 2025-06-30
Peter Schiff predicts the Trump Treasury will keep issuing short-dated debt rather than terming out, because heavy long-bond issuance would push long rates up.
As bonds mature, they're going to keep the maturity short. They're not going to go for long-term bonds either.
BullishGold & Hard Assets 2025-06-30
Peter Schiff tells listeners not to wait for a pullback: buy gold at $3,300-3,400 and silver too, because they are going higher.
They're afraid to buy a gold at 33, 3400. Why? It's just going higher. Don't be afraid to buy it. Same thing with silver.
Gold since this was said: ▲ +32.8% · 3,294 → 4,375 · as of 2026-09-11
BullishGold & Hard Assets 2025-06-30
Peter Schiff calls silver at $36 ridiculously cheap and says to buy it even at $37 because it is going much higher.
How can people not want to buy silver at $36? I mean, that's ridiculously cheap.
Silver since this was said: ▲ +79.4% · 35.85 → 64.31 · as of 2026-09-11
BullishGold & Hard Assets leaning · 2025-06-30
Peter Schiff still likes platinum after its 40% pop but says it is no longer the steal it was below $1,000.
I still like platinum, but it's not the steel that it was when I was getting you guys to buy it below 1,000 now that it's popped 40 percent.
Gold since this was said: ▲ +32.8% · 3,294 → 4,375 · as of 2026-09-11
BullishGold & Hard Assets 2025-06-30
Peter Schiff says gold mining stocks, despite being up 45-50% on the year, are ridiculously cheap given how profitable they will become as the dollar falls.
even though they're up 45%, 50% on the year, something like that, they are ridiculously cheap
Gold since this was said: ▲ +32.8% · 3,294 → 4,375 · as of 2026-09-11
BullishGlobal Equities 2025-06-30
Peter Schiff says foreign markets are outperforming US stocks and a falling dollar adds to those returns, so investors should move money abroad.
not only are foreign markets outperforming the US market, but they have a tailwind of a weak dollar.
BearishThe S&P 500 2025-06-30
Peter Schiff tells investors to sell into any real US stock rally because the falling dollar makes the gains nominal only.
And if you've got a real rally in the US stock market, sell into it.
S&P 500 since this was said: ▲ +22.3% · 6,205 → 7,592 · as of 2026-09-10

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