Gold Breaks Record, Silver Nears $40, Mining Stocks Surge | SchiffGold Friday Gold Wrap

Jerome Powell’s pivot and a weakening dollar sent metals soaring.

Peter Schiff explains why gold broke all-time highs, silver hit a 13-year high, and mining stocks are leading the rally. Rate cuts mean QE, higher long rates, and a weaker dollar—making “waiting for pullbacks” a costly mistake. In this Friday Gold Wrap, Peter covers gold, silver, and miner surges, the widening yield curve, record trade deficits, and central banks dumping dollars for gold. He contrasts Bitcoin’s weak YTD vs. gold’s strength and warns $50 will become silver’s new floor once broken.