Schiff on MoneyMasters: Silver Catches Up, Tariffs, Bonds, and Stagflation Risk

Last week, Peter appeared on the Money Masters podcast to map out the next moves in precious metals, the dollar, and markets more broadly. He lays out a thesis of de-dollarization, warns that tariffs and weak growth will stress the bond market, and argues that the Fed’s choices are likely to entrench a stagflationary outcome. 

He starts by explaining where he sees capital flows going and why silver may finally play catch-up to gold:

I think that we’re going to see silver playing catch up to gold. It started to move recently. I think it’s going to continue that momentum. And I also think you’re going to see a global shift out of US stocks into foreign stocks. I think that’s part of the whole de-dollarization trade is selling overvalued US stocks and bonds and bringing money home and investing it in better valuations domestically and escaping the currency risk of the dollar.