Newmont is earning $11/share at 10x PE with 132% growth — half the S&P's multiple. Wall Street is asleep at the wheel.

This episode is sponsored by Outskill. Bonuses worth $5100+ if you join and attend. Grab your free seat to the 2-Day AI Mastermind: https://link.outskill.com/PETERSCHIFFAP4

This episode is also sponsored by ExpressVPN. Get an extra 4 months free. http://expressvpn.com/Gold

Newmont Mining just posted 132% earnings growth with five-to-one margins and a stock trading at 10x earnings — half the S&P multiple — and Wall Street barely noticed. Peter Schiff breaks down why gold miners are the most undervalued sector in the market and why he's been accumulating positions in companies like Newmont, Franco-Nevada, and Wheaton for over 20 years without selling a share.

The episode also covers Trump's Iran war pivoting from threatened annihilation to an economic blockade that's keeping oil above $94, the DOJ dropping its criminal investigation into Jerome Powell's Fed building remodel as an olive branch to clear the way for Kevin Warsh, Schiff's own six-year experience with leaked government investigations that were never officially closed, Michael Saylor's Strategy preferred stock as a self-described Ponzi scheme the SEC refuses to touch, and a new cottage industry of mass tort lawyers helping businesses claim tariff refunds — proof that Americans, not foreigners, paid every cent of those tariffs.

Chapters:

00:00 Cold Open Montage

00:57 Show Intro Puerto Rico

01:28 War Drags On Markets Shrug

04:27 Blockade Strait Oil Spike

08:18 Election Pressure Inflation Risks

13:22 Commercial AI Mastermind Ad

15:54 Post Office Hikes Inflation

16:41 Powell Probe Fed Incentives

22:31 Schiff Investigation Story

30:00 Commercial ExpressVPN Pitch

31:37 Gold Friday Market Wrap

34:35 Newmont Earnings Surge

36:52 Gold Miner Margins Explained

38:20 Buybacks and M&A Signals

39:27 West Red Lake Pullback

40:19 Buying Bad News Strategy

42:38 Position Sizing and Risk

45:04 Gold Fund and Active Picks

46:40 Bitcoin Yield Ponzi Rant

53:18 Tariff Refund Fallout

56:50 Debt Deficits and War

01:02:01 Wrap Up and Subscribe

Follow @peterschiff

X: https://twitter.com/peterschiff

Instagram: https://instagram.com/peterschiff

TikTok: https://tiktok.com/@peterschiffofficial

Facebook: https://facebook.com/peterschiff

Free Reports & Market Updates: https://www.europac.com

Book Store: https://schiffradio.com/books

Sign up for Peter's most valuable insights at https://schiffsovereign.com

Schiff Gold News: https://www.schiffgold.com/news

#PeterSchiffShow #GoldMiners #NewmontMining

Warsh won't say Trump lost in 2020, won't name one policy he disagrees with, and can't explain what 1% rates would do. This is our next Fed Chair.

This episode is sponsored by InvestingPRO. Get 55% off + an EXTRA 15% off with my code PETERSCHIFF at checkout! Sign up: https://www.investing-referral.com/peterschiff/

This episode is also sponsored by Outskill. Bonuses worth $5100+ if you join and attend. Grab your free seat to the 2-Day AI Mastermind: https://link.outskill.com/PETERSCHIFFAP4

Donald Trump's Fed Chair nominee Kevin Warsh spent two hours dodging every meaningful question in his Senate confirmation hearing, and Peter Schiff watched the whole thing so you didn't have to. Warsh refused to say whether Trump lost the 2020 election, wouldn't name a single Trump policy he disagreed with, and couldn't answer the obvious question of what 1% interest rates would do to consumer prices — even though he'd already admitted inflation comes from government spending and money printing.

Before breaking down the hearing, Schiff delivers a history of the Federal Reserve that most economics PhDs have never learned: why the Fed was created as a private bank to issue superior banknotes backed by 40% gold, how the original act prohibited the Fed from owning treasuries, and how World War I opened the door to everything wrong with monetary policy today. He also takes aim at MicroStrategy's Strategy preferred stock as a textbook Ponzi scheme — Saylor can only pay the 11.5% yield by selling new shares, and the fine print lets him stop paying whenever he wants.

Chapters:

00:00 Cold Open and Intro

00:57 Warsh Nomination Stakes

02:34 InvestingPro Sponsor Demo

07:32 Why Fed History Matters

08:08 Before the Fed Era

11:12 Fed Independence and Constitution

14:00 Superior Banknotes Explained

17:40 Outskill Sponsor Break

21:47 Elastic Money Supply Myth

25:49 War Finance and Treasuries

32:16 Hearing Reactions Begin

33:05 Trump Spending And Inflation

34:02 Warren Attacks And Rate Cuts

35:17 Warsh Denies Being Puppet

36:34 Fed Praise And Wealth

38:16 Price Stability Redefined

41:15 Dodging Trump Questions

43:45 One Percent Rates And QE

46:06 Inflation Tax And Deficits

47:00 Fed Chair And The Dollar

49:54 No CBDC Crypto Pandering

50:46 MicroStrategy Ponzi Rant

54:20 Lawyer Evasions And Politics

57:34 Warsh Verdict And Gold Pitch

01:02:11 Final Wrap And Signoff

Follow @peterschiff

X: https://twitter.com/peterschiff

Instagram: https://instagram.com/peterschiff

TikTok: https://tiktok.com/@peterschiffofficial

Facebook: https://facebook.com/peterschiff

Free Reports & Market Updates: https://www.europac.com

Book Store: https://schiffradio.com/books

Sign up for Peter's most valuable insights at https://schiffsovereign.com

Schiff Gold News: https://www.schiffgold.com/news

#PeterSchiffShow #FedChair #KevinWarsh

Hank Paulson warns of a "vicious" debt crisis — but his only plan is to brace for it, not prevent it. That tells you everything.

This episode is sponsored by HIMS. Visit https://hims.com/gold to get a personalized, affordable plan that gets you

This episode is also sponsored by NetSuite. Download Netsuite’s free business guide, Demystifying AI, at https://netsuite.com/gold

Former Treasury Secretary Hank Paulson is warning about a "vicious" sovereign debt crisis and urging a break-the-glass emergency plan — but Peter Schiff points out that Paulson himself architected the bailouts and QE policies that made this crisis inevitable, and his only advice now is to prepare for the crash rather than prevent it.

Markets hit record highs this week with the Nasdaq up 7% on ceasefire optimism and oil dropping to $83, but Schiff warns the rally is built on the false premise that peace means rate cuts. The Fed's balance sheet has quietly grown over $200 billion in 2026 while M2 money supply expands at 5% year-over-year. Meanwhile, NYC Mayor Manda proposes city-owned grocery stores and taxes on non-resident condos — policies Schiff dismantles as the kind of anti-capitalist thinking that drives wealth creators to places like Panama, which is rolling out the welcome mat for every entrepreneur New York chases away.

Chapters:

00:00 Show Cold Open

00:57 Live From Puerto Rico

01:59 War Headlines Fuel Rally

04:12 Bitcoin Gold Silver Check

07:07 Fed Policy And Real Rates

08:54 Producer Prices Reality Check

11:09 Paulson Warns Debt Crisis

19:09 Panama Versus New York Taxes

22:21 How Wealth Gets Created

25:42 Fair Share And Job Creation

30:03 Wealth Creation Backlash

31:52 City Owned Grocery Plan

34:11 Profit Motive And Prices

39:18 Subsidies And Market Damage

43:25 Farm Subsidies And USSR

45:36 Taxing Nonresident Condos

51:06 Why Profit Builds Cities

51:59 Property Tax Critique

59:44 Closing Markets And Gold

Follow @peterschiff

X: https://twitter.com/peterschiff

Instagram: https://instagram.com/peterschiff

TikTok: https://tiktok.com/@peterschiffofficial

Facebook: https://facebook.com/peterschiff

Free Reports & Market Updates: https://www.europac.com

Book Store: https://schiffradio.com/books

Sign up for Peter's most valuable insights at https://schiffsovereign.com

Schiff Gold News: https://www.schiffgold.com/news

#PeterSchiffShow #DebtCrisis #GoldInvesting

CPI triples to 0.9%, consumer sentiment hits an all-time low, and the Fed is quietly running QE — stagflation isn't coming, it's here.

Gold ended the week at $4,745 with silver at $75.76 and mining stocks up 5%, all buoyed by the Taco Tuesday ceasefire that sent markets surging mid-week. Peter Schiff argues the ceasefire is a win for Iran and that Trump was looking for a way out of threats he could never carry out — but the real story is the inflation data.

March CPI came in at 0.9% month-over-month, tripling February's reading and pushing year-over-year inflation to 3.3%. The Fed's balance sheet has quietly expanded by nearly $200 billion in 2026 — quantitative easing in everything but name. Q4 GDP was revised down to 0.5%, making 2025's full-year growth just 2.1% — lower than any year under Biden. Consumer sentiment plunged to 47.6, the lowest reading in the history of the survey. Schiff connects the dots: M2 money supply growing at 5%, a proposed 50% defense budget increase, and a Fed that will be forced to cut rates regardless of inflation all point to a stagflation environment where gold and silver are headed substantially higher.

Chapters:

00:00 Ceasefire and Market Mood

15:20 Inflation Data and Fed QE

23:14 Inflation Not The War

38:46 Stagflation Bull Case

Follow @peterschiff

X: https://twitter.com/peterschiff

Instagram: https://instagram.com/peterschiff

TikTok: https://tiktok.com/@peterschiffofficial

Facebook: https://facebook.com/peterschiff

Get more gold & silver now: https://www.schiffgold.com

1-888-GOLD-160 (465-3160)

Open a T Gold account: https://www.tgold.com

Open a managed account: https://europac.com

Listen to The Peter Schiff Show: https://schiffradio.com

Follow the main channel: https://youtube.com/peterschiff

#PeterSchiffShow #Stagflation #GoldInvesting

Trump threatened to destroy Iran's civilization by 8pm — instead he got a ceasefire that concedes nothing. The threats were always empty.

• This episode is sponsored by Odoo. Sign up for free at https://www.odoo.com/r/izNK

• Today’s podcast is also sponsored by West Red Lake Gold Mines. Ticker WRLGF

Trump's Tuesday deadline to destroy Iran's civilization came and went with a Pakistan-brokered ceasefire instead of the promised hellfire. Peter Schiff breaks down how the president's escalating threats — from bombing bridges and power plants to wiping out an entire civilization — collapsed into a two-week truce that concedes nothing from Iran's side.

Markets swung wildly on the drama: the Dow dropped 400 points intraday before rallying nearly 1,000 points on ceasefire news, oil cratered 15.5% back to $95 after touching $115, and gold surged $60 despite the supposed "peace" — proving the market is trading the Fed, not the war. Schiff argues rate cuts are coming regardless of inflation, that oil will never return to $60, and that the dollar's reserve currency status is being actively dismantled as countries like France pull gold from U.S. custody. He also reveals the IRS is refusing to comply with a federal judge's FOIA ruling ordering release of documents from the Euro Pacific Bank investigation.

Chapters:

00:00 Show Intro

00:55 Trump Deadline Drama

05:33 Markets Call the Bluff

08:32 Pakistan Ceasefire Rumors

12:22 Trump Two Week Pause

16:20 Iran Ceasefire Terms

19:15 Iran Statement Readout

22:19 Civilian Targeting Critique

29:01 Dollar Power and Blowback

32:05 Scaling Gold Production

32:52 Gold Moves on Rate Cuts

35:14 Oil Prices vs Real Inflation

37:32 War Risk Premium Sticks

40:53 Weak Data and CPI Ahead

44:57 Polls Signal Economic Pain

50:49 Ditch Dollars Buy Metals

52:44 Mining Stocks Next Leg

55:33 FOIA Win IRS Fights Back

01:03:29 Transparency Battle Wrap Up

Follow @peterschiff

X: https://twitter.com/peterschiff

Instagram: https://instagram.com/peterschiff

TikTok: https://tiktok.com/@peterschiffofficial

Facebook: https://facebook.com/peterschiff

Free Reports & Market Updates: https://www.europac.com

Book Store: https://schiffradio.com/books

Sign up for Peter's most valuable insights at https://schiffsovereign.com

Schiff Gold News: https://www.schiffgold.com/news

#PeterSchiffShow #IranCeasefire #GoldInvesting

Oil hits $112 as Trump vows to bomb Iran into the Stone Age — and the jobs data everyone's celebrating is hiding a collapsing labor market.

• Today’s podcasts is sponsored by Pebl. Go to http://hipebl.ai to get a free estimate.

• Today’s podcast is also sponsored by West Red Lake Gold Mines. Ticker WRLGF

Peter Schiff records from the British Virgin Islands, breaking down the latest economic data against the backdrop of the escalating Iran war. The March jobs report showed 178,000 jobs added — well above the 51,000 estimate — but Schiff argues the number is misleading, noting that 43% of new jobs were in healthcare, a sign of a sicker nation rather than a stronger economy. He highlights the weakest wage growth in five years at 3.5% year-over-year and the lowest labor force participation in five years at 61.9%.

Oil prices surged to $112 per barrel amid Trump's pledge to "bomb Iran back to the Stone Age" over the next two to three weeks, with the service sector PMI falling into contraction at 49.8. Schiff warns that stagflation is now undeniable and that oil-driven inflation will force massive government spending and money printing, ultimately crushing the dollar and sending gold well above $5,000. He criticizes Trump's economic lies, the Supreme Court's ruling striking down Liberation Day tariffs as unconstitutional, Warren Buffett's Fed praise, and growing redemption freezes across investment funds as signs of a brewing financial crisis.

Chapters:

00:00 Cold Open and Intro

00:54 Vacation Setup and Holiday Markets

01:52 March Jobs Report Breakdown

06:44 Stagflation Signals in PMI and JOLTS

08:53 Oil Spike and Fed Policy Link

17:02 Weekly Market Wrap Gold Silver Miners

21:33 Trump Speech War Escalation Fears

30:18 Aftermath Leaving Strait to Allies

32:27 NATO Exit Debate

33:39 Dollar Risks and Metals

34:11 Springsteen Boycott Rant

36:27 Liberation Day Reality Check

37:47 Tariffs Ruled Unconstitutional

40:52 Funds Freeze Redemptions

43:39 Buffett on Inflation Targets

47:05 Fed Enabled Covid Policy

51:31 Trump Polls and Midterms

57:55 Prepare and Buy Gold

01:00:30 Podcast Wrap and Travel

Follow @peterschiff

X: https://twitter.com/peterschiff

Instagram: https://instagram.com/peterschiff

TikTok: https://tiktok.com/@peterschiffofficial

Facebook: https://facebook.com/peterschiff

Free Reports & Market Updates: https://www.europac.com

Book Store: https://schiffradio.com/books

Sign up for Peter's most valuable insights at https://schiffsovereign.com

Schiff Gold News: https://www.schiffgold.com/news

#PeterSchiffShow #OilPriceSurge #GoldInvesting

Peter Schiff reviews a volatile week in markets, arguing gold and silver likely put in a bottom after briefly breaking prior lows and closing higher. He contrasts that with major stock indexes sliding deeper into correction territory, which he says could turn into a bear market if the war drags on. Schiff focuses on oil as the key driver, tying price spikes to bond selloffs, rising Treasury yields, and renewed inflation pressure.

He criticizes shifting public messaging around the conflict and argues the economic and political costs will force an eventual endgame driven more by markets than diplomacy. Schiff also challenges the “Bitcoin as digital gold” narrative, pointing to Bitcoin’s weakness versus gold and warning of a sharper breakdown if key levels fail.

He closes by framing larger deficits, money printing, and policy responses as structurally bullish for precious metals, while warning that higher yields and inflation could stress housing, stocks, and the dollar.

Chapters:

00:00 Gold and Silver Bottom

01:12 War Headlines Whipsaw

05:13 Fed Rates vs Inflation

05:59 Stocks Slide Into Correction

10:22 War Costs and Deficits

12:15 Bitcoin Safe Haven Myth

13:47 Oil Yields and Bonds

16:38 Bitcoin Mortgages Risk

20:05 Dollar Weakness and Politics

30:33 Buy Gold and Wrap Up

Follow @peterschiff

X: https://twitter.com/peterschiff

Instagram: https://instagram.com/peterschiff

TikTok: https://tiktok.com/@peterschiffofficial

Facebook: https://facebook.com/peterschiff

💰 Get more gold & silver now: https://www.schiffgold.com

☎️ 1-888-GOLD-160 (465-3160)

🟡 Open a T Gold account: https://www.tgold.com

💰 Open a managed account: https://europac.com

🔊 Listen to The Peter Schiff Show: https://schiffradio.com

▶️ Follow the main channel: https://youtube.com/peterschiff

#gold #inflation #oilprices

Treasury Secretary Scott Bessent dismisses questions about how America will pay for a $200 billion war with Iran, claiming "we have plenty of money"—but Peter Schiff exposes the dangerous delusion behind deficit spending and reveals how import/export prices are already screaming inflation that will dwarf anything under Biden.

- Sponsored by Function. Visit https://www.functionhealth.com/peter or use gift code PETER25 for a $25 credit toward your membership

- Sponsored by Grammarly. Download Grammarly for free at http://grammarly.com

Peter Schiff exposes the Trump administration's reckless war financing, revealing Treasury Secretary Scott Bessent's shocking dismissal of questions about paying for a $200 billion Iran War appropriation. When pressed on funding sources, Bessent called the question "ridiculous" and claimed America has "plenty of money" despite $39 trillion in debt, ruling out tax increases while offering no spending cuts. Schiff argues this proves the biggest threat to America isn't Iran but Washington's own fiscal irresponsibility, as the war becomes a convenient scapegoat for the massive inflation already baked into the economy from Trump's policies.

The episode reveals Trump's market manipulation through contradictory Truth Social posts - issuing ultimatums that crash markets, then announcing "great progress" in negotiations that reverse the moves, with suspicious large trades placed minutes before his reversal posts. Meanwhile, import/export prices exploded 16.8% and 19.6% annualized in February alone, signaling the inflation tsunami coming in 2026. Schiff also delivers major legal updates: his civil rights lawsuit against the IRS conspiracy was dismissed with prejudice, but he won a crucial FOIA battle forcing the government to release hundreds of redacted pages that could expose massive corruption at the highest levels of multiple government agencies.

Chapters:

00:00 — Cold Open and Intro

00:56 — War Funding and Taxes

09:12 — Debt Inflation and Sacrifice

11:09 — Credibility and Market Moves

14:39 — Ultimatums and Market Whiplash

18:33 — Gold Silver and Real Rates

31:30 — Taco Pattern and War Spin

33:44 — Ceasefire Demands and Stalemate

35:46 — Oil Fertilizer and Aftermath Risks

36:53 — Strategic Stockpiling Surge

38:31 — Mortgage Demand Cracks

41:20 — Import Export Prices Signal Inflation

46:48 — War As Inflation Scapegoat

50:03 — Euro Pacific Bank Legal Fight

52:28 — Civil Rights Case Dismissed

59:29 — FOIA Lawsuit Breakthrough

1:01:17 — Redactions Reveal Conspiracy

1:06:56 — Courts And Government Accountability

1:15:43 — Gold Silver Final Pitch

#GoldInvesting #IranWar #InflationCrisis