Schiff on Triangle Investor: Gold Warns the Dollar Is Losing Its Grip

Peter appears on Triangle Investor Interviews to unpack the recent surge in precious metals and what it reveals about confidence in the U.S. dollar. He ties gold’s rapid advance to failures in fiscal and monetary policy, and he raises questions about the future of both tokenized assets and Bitcoin compared with real, physical bullion.

He starts by pointing to the dramatic price action in the metals and what that signals about public trust in policy makers and the Fed itself:

You’re seeing gold now is, you know, $150 away from $4,000 an ounce. I mean, that is a very significant move that we’ve seen in the price of gold in a short period of time. And silver, yeah, it’s back above $47, very close to its double top at 50. But I think that silver is going to go a lot higher than 50. But I think the move in gold is a lot more significant because I think it really indicates a complete loss of confidence in the United States in its fiscal policy, in its monetary policy, in the independence of the Fed.