Gold just broke above $5,100 — and almost no one is talking about it.

While politicians argue over tariffs, the real story is accelerating stagflation. GDP growth collapsed from 4.4% to 1.4%. Core PCE inflation is rising again. The Fed is openly debating rate cuts while inflation runs 50% above target.

This is not a soft landing.

Deficits are exploding. Tariff revenue is disappearing. The national debt is surging. The bond market is weakening. And the Federal Reserve is trapped between a weakening economy and rising inflation.

That trap has only one historical resolution: monetary expansion.

Gold is moving because the market understands what policymakers won’t admit. The dollar’s purchasing power is deteriorating. Sovereign debt risk is rising. Global capital is repositioning.

This is not about daily volatility. It’s about systemic imbalance.

When growth weakens and inflation accelerates at the same time, the outcome isn’t recovery — it’s currency stress.

Gold is signaling the next phase.

With national debt up $2.6 trillion in one year and trade deficits exploding despite tariffs, the dollar faces collapse while oil and gold signal inflation's return.

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Peter Schiff analyzes mounting evidence that the U.S. dollar is heading for a major decline, driven by exploding deficits and failed trade policies. With the national debt surging $2.6 trillion in just over a year under Trump, and trade deficits widening despite tariffs, Schiff argues that the same deficit spending Republicans blamed for Biden's inflation is now accelerating under the current administration. Oil prices have surged 21% in two months, hitting six-month highs above $66, while gold holds support above $5,000 as central banks continue dumping dollars. The December trade deficit data reveals Trump's tariffs are backfiring spectacularly - imports rising while exports fall, proving Americans pay 90% of tariff costs according to New York Fed studies. Housing markets show severe stress with pending home sales hitting record lows, signaling price corrections ahead. Schiff credits Trump for reducing FDA drug approval requirements from two studies to one, but argues this modest deregulation doesn't address the fundamental problem of government interference in healthcare markets that didn't exist before 1962.

Chapters:

01:33 Gold & Silver Snapshot: Buy the Dip Below $5,000

02:14 Oil Breakout: Why Gas Prices Are Headed Higher

05:42 Dollar Weakness #1: Exploding Deficits and the Debt Rollover Bomb

09:52 Tariffs, Taxes, and the Myth of 1880s Prosperity

15:54 DOGE, Elon Musk, and Why Government Can’t Be Efficient

20:14 World Ditches the Dollar: Central Banks Buy Gold

21:32 Trade Deficit Reality Check: December Numbers Blow Out

27:28 Tariffs Backfire: New York Fed Study Says Americans Pay

36:20 Twin Deficits → Inflation & Rates: The Macro Chain Reaction

39:22 Housing Bubble Math: Rates Up Means Prices Must Fall

42:04 Giving Credit Where Due: Trump’s FDA Change to One Efficacy Study

45:05 Before 1962/1938: How Drug Approval Worked in a Freer Market

53:28 Wrap-Up: Newsletter, Gold/Silver, EuroPac Funds & Upcoming Live Show

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#Gold #Tariffs #Inflation

It’s not “Presidents’ Day.” Legally, it’s George Washington’s Birthday—and we’ve quietly erased the one American who actually deserves a national holiday.

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In this episode, I explain how a 1968 law moved holidays to Mondays, how retail “Presidents’ Day” sales hijacked the meaning, and why Washington’s character matters: the war hero who survived what should’ve killed him, turned down a crown, stepped away after two terms, and personally led troops to put down the Whiskey Rebellion.

We also cover a modern contrast: government subsidies and incentives that raise prices, distort markets, and create the very “affordability” problems politicians pretend to solve.

Chapters:

00:00 Cold Open: No Friends in the Pits

00:20 Show Intro: The Peter Schiff Show Begins

00:55 Why It’s George Washington’s Birthday (Not “Presidents’ Day”)

02:46 How “Presidents’ Day” Sales Hijacked the Holiday

05:32 Washington’s Early Life & French and Indian War Heroics

09:22 Leading the Revolution: Beating the World’s Strongest Army

12:07 Turning Down a Crown & Setting the Two-Term Precedent

13:39 The Whiskey Rebellion: A President Who Led from the Front

16:27 Why Washington Deserves the Holiday (And the Modern Debate)

19:32 Pepsi Cuts Prices 15%: The SNAP Junk Food Policy Angle

23:08 The Bigger Lesson: Subsidies Raise Prices (College, Housing, More)

25:34 Why Subsidies Make Housing, College & Healthcare More Expensive

26:48 Trump on Keeping Home Prices High (and the Credit-Fueled Fix)

28:57 Affordability 101: Demand Down or Supply Up?

30:15 SNAP Benefits as Money Supply: How It Spills Into Everything

33:43 The Farm Subsidy Paradox: Paying to Raise Food Prices

38:31 Government Spending, Inflation, and the Case for Gold

39:11 Gold & Silver Levels + Why to Dump Bitcoin

40:37 MicroStrategy/Strategy and Michael Saylor: The “Legal Ponzi” Critique

47:23 Palm Beach “Trump Airport” Trademark Story

50:44 Wrap-Up: Calls to Action, Subscribing, and Sign-Off

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#PresidentsDay #WashingtonsBirthday #HistoryFacts