#319 Peter Schiff: Trump Wrong On Inflation, Dollar Collapse Ahead & America's Inflationary Depression

Peter Schiff delivers a stark warning: America is headed for the biggest economic crisis of our lifetimes - not a stock market crash, but a dollar collapse leading to an inflationary depression. He explains why gold hitting $4,300 and silver above $66 are screaming signals of an impending currency crisis, responds to Trump's personal attack calling him a "jerk" and "loser" on Truth Social, and breaks down why both Trump and Biden caused the inflation crisis through massive deficit spending and Fed money printing. Schiff reveals why he's positioned his portfolio for a dollar crash (up 60-120% this year in precious metals), predicts a radical left Democrat will win in 2028, and explains the dark reality: Americans will experience a poor country's economy but with higher prices - unless they protect their wealth now with gold, silver, and foreign assets.

This episode is brought to you by VanEck. Learn more about the VanEck Rare Earth and Strategic Metals ETF: http://vaneck.com/REMXJulia

Links:

https://x.com/PeterSchiff

Europac.com

http://SchiffGold.com

Timestamps:

00:00 Intro and welcome Peter Schiff

01:19 Big picture macro view: America's bleak outlook

04:00 Gold and silver screaming currency crisis is coming

07:04 Prediction: Radical left Democrat in White House 2028

08:39 Peter's reaction to Trump's Truth Social attack

10:19 Trump's ridiculous claim that prices are coming down

11:37 Biden and Trump both caused inflation crisis

13:40 Trump's "big beautiful bill" making deficits worse

15:00 Republicans in trouble for 2026 midterms

16:28 Trump is not a real conservative or capitalist

22:12 Affordability crisis and government spending problem

23:33 No politically viable way to right the ship

25:00 We need higher interest rates, not lower

27:28 Gold up 65%, silver up 120% this year

28:30 Why "perma bear" label is wrong

30:00 The dollar crash Peter has been predicting

32:22 Investors moving money overseas from US stocks

34:02 How gold skyrocketing pulls rug from under dollar

36:08 Dollar reserve currency status ending

38:22 Inflationary depression: weak economy, high inflation

44:31 How everyday Americans will be impacted

47:09 Early innings for gold and silver

53:41 What Peter wishes he said on Tucker

56:20 Capitalism blamed for socialism's damage

57:59 Wrap up and appreciation