Peter Schiff: Gold Finally Gets Some Recognition

On Friday’s episode of the Peter Schiff Show, Peter walks through the latest market action and what it reveals about inflation, monetary policy, and the real economy. He highlights the ongoing strength in gold, warns that Bitcoin is in a stealth bear market, applauds mainstream institutions finally acknowledging gold as an inflation hedge, and sounds the alarm about politicizing the Fed and relying on tariffs instead of rebuilding production and savings.

He opens by noting the momentum in precious metals and how portfolio managers may be reacting to quarter-end optics:

[Precious metals] had another spectacular week this week. We haven’t quite finished the month yet. We got a couple more days next week to finish out the month of September and the third quarter. In fact, I expect Monday and Tuesday to be strong days to finish out the quarter. I think a lot of portfolio managers are going to be scrambling to add some gold and silver and mining stocks to their portfolios just to window dress them up a bit for the quarter because they’ve been so strong.