Schiff on Wealth Building Blueprint: Higher Rates are the Cure

In a recent appearance on the Wealth Building Blueprint, Peter goes wide on the gold and silver setup and the macro limits of policy in this episode, arguing that everything from central banks to retail investors will be forced to take notice of the metals’ recent price action. He traces the last cycle, explains why mining stocks stand to benefit, and warns that policymakers lack the tools to manage the fallout from decades of debt and monetary expansion.

He begins by reminding listeners where the last major metals cycle left off and why the current move is only getting started:

2011 was kind of the end of a big move. This is the beginning of another big move because you know, the bull market in gold and silver and mining stocks started around 2001, 2002. And so 10 years later, we had had gold move from below 300 to 1900. Silver had moved from four bucks up to, you know, over 45. So you’d had a 10x move in silver.

Peter lays out the demand story next, predicting broadening participation from official buyers to institutions and individuals alike: