Peter Schiff explains why today’s “better than expected” jobs report is meaningless—and why the real story is the massive downward revisions. The government erased roughly 2.5 million jobs going back to 2019, including about 1.1 million from 2025 and over 800,000 from 2024. That means many of the celebrated “beats” from the past two years were actually misses, and markets were trading on bad data.

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Schiff breaks down how automated trading reacts to jobs prints (strong jobs = buy dollars/sell gold), why the birth/death model distorted reality, and why gold and the dollar are no longer reacting the way they used to. He also covers rising oil and oil stocks, why gold and silver miners may hit new highs before the metals, why foreign markets are crushing U.S. stocks year-to-date, and why the dollar index looks set up for a sharper decline.

Finally, Schiff argues the crypto crash is the first bubble to pop—an early warning for broader asset bubbles—and explains why tokenized gold is becoming the real “digital money” narrative as Bitcoin’s “digital gold” claim fails in real time.

Chapters:

00:00 Introduction and Opening Remarks

00:56 Analyzing the Employment Report

03:06 Revisions and Job Market Realities

07:17 Impact on Markets and Currency

11:41 Oil and Energy Market Trends

16:24 Stock Market Performance and Predictions

26:06 Economic Data and Debt Discussion

31:04 Inflation and Its Consequences

34:11 Understanding Poverty and Supply

35:52 The Role of the US Dollar in Global Trade

37:07 Impact of Dollar Collapse on Global Markets

40:11 Trump Administration's Economic Policies

41:51 Bitcoin's Decline and Market Bubbles

52:21 The Future of Gold and Tokenization

58:34 Preparing for Economic Crisis

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#economiccrisis #jobmarketanalysis #goldinvestment

Peter Schiff examines the economic fallout from tariffs, critiques Bitcoin's poor performance, and forecasts the implications for upcoming elections.

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Gold and silver are stabilizing after last week’s historic paper-market smash, and the real story is what’s coming next: a weaker jobs trend, rising energy, and a tariff regime that’s functionally a tax on everyday Americans.

Peter breaks down the ugly ADP print (and the downward revision), why the “strongest economy ever” narrative doesn’t pass the smell test, and why oil’s turn higher undermines the administration’s last clean talking point on inflation.

Then Peter walks through Scott Bessent’s testimony and why tariffs are politically toxic: officials can’t claim tariffs don’t raise prices while simultaneously admitting removing tariffs lowers prices. That contradiction is the whole game.

Finally, Peter covers the optics and incentives of open graft and self-dealing, why it’s setting a precedent both parties will exploit, and why this mix of affordability pain, weak labor signals, and policy doublespeak is tailor-made to punish the incumbents in the midterms.

Chapters:

00:00 Introduction and Opening Remarks

00:55 Market Analysis: Gold and Silver

06:30 Bitcoin and Cryptocurrency Critique

19:40 Economic Indicators and Job Numbers

26:30 Political Commentary and Election Predictions

29:45 Midterm Election Predictions

30:08 Scott Bessett's Testimony

31:20 Republican Strategies and Challenges

33:00 Economic Concerns and Tariffs

33:59 Calci Sponsorship

35:27 Tariffs and Affordability Issues

43:23 Trump's Conflicts of Interest

54:13 Housing Affordability Debate

57:33 Conclusion and Upcoming Content

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#tariffs #economicindicators #cryptocurrency

Gold and silver just experienced one of the most violent paper selloffs in history—but does it actually change the bull market? In this special Sunday night edition of the Schiff Gold Market Wrap, Peter Schiff explains why this crash was driven by coordinated futures selling, not fundamentals, and why it represents an opportunity rather than a turning point.

Peter breaks down what caused the sudden collapse, why physical demand for gold and silver is increasing even as paper prices fall, and why premiums are already rising. He explains how short sellers engineered the move, why they ultimately can’t deliver the metal they sold, and why this sets the stage for higher prices ahead.

The episode also covers why mining stocks were hit even harder than metals, why those declines create exceptional value, and how earnings will soon expose the disconnect between prices and fundamentals. Peter explains why Bitcoin continues to fail as “digital gold,” why crypto fell without benefiting from the gold rally, and why this moment offers a rare chance to rotate out of crypto and into real money.

Despite extreme volatility, gold near $4,700 and silver near $80 remain historically strong prices. Peter explains why this selloff doesn’t damage the long-term trend, why Asian buying remains strong, and why the biggest risk now belongs to short sellers—not long-term holders.

This episode is essential viewing for anyone holding gold, silver, mining stocks, or crypto.

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