The Peter Schiff Show Podcast

Inflation Doubled, Yields Hit 19 Year High, Gold Trashed. SETUP of a LIFETIME

The Peter Schiff Show Podcast

Show Notes

PPI doubled estimates at 1.4%, yields broke 5% on $39T debt, and CNBC says sell gold stocks — that's the best buy signal I've ever seen.

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Kevin Warsh was confirmed as the new Fed Chair and immediately inherited a stagflation crisis: April PPI came in at 1.4% month-over-month — double the high end of estimates — pushing producer prices to 6% year-over-year. Core PPI tripled expectations at 1.0%, an annualized 12.5% rate. The CPI the day before showed 0.6% monthly with year-over-year inflation climbing to 3.8%. The 30-year Treasury yield broke above 5% for the first time in 19 years, with a bond auction requiring a 5% coupon — but unlike 2007 when the debt was $9 trillion, today it's $39 trillion.

Peter Schiff argues real interest rates are crashing even as nominal rates rise, making the environment extremely bullish for gold and silver — with silver hitting $89 intraday and leading gold for the first time this cycle. He highlights CNBC analysts recommending viewers sell gold stocks as a perfect contrarian buy signal, dismantles Trump's proposed ban on corporations buying homes as socialist policy, defends Jeff Bezos against critics who blame him rather than consumers for disrupting small businesses, endorses Thomas Massie's congressional primary fight, and promotes his new 10-minute FOIA evidence video exposing the IRS conspiracy to destroy Euro Pacific Bank.

Chapters: 00:00 Cold Open Montage 00:55 Show Begins Tech Issues 01:27 New Fed Chair Firestorm 03:26 CPI Breakdown April 05:24 PPI Shock And Stagflation 07:59 Trump Inflation And Politics 09:43 Bond Yields Debt Trap 13:20 Fed QE Dilemma 15:39 Ad Break NetSuite AI 17:01 Markets Misread Inflation 18:38 Real Rates Gold Silver 23:12 Metals Boom Copper Oil 24:51 Tariffs Beef And Constitution 29:09 Ad Break Outskill AI 31:42 Stocks Ignore Inflation Bubble 32:18 Bubble Mentality Critique 33:10 CNBC Chart Pattern Trap 34:30 Gold Stocks Contrarian Buy 35:38 Mining Stocks vs AI Hype 36:15 Trump Housing Ban Backlash 37:46 Why Rentals Need Investors 39:19 Backing Thomas Massie 42:25 Trump Grip on GOP 43:08 Trump China Summit Skepticism 45:05 Defending Bezos and Amazon 46:20 Consumers Drive Competition 49:07 Living Wage Reality Check 53:35 Rigged Playing Field Factors 55:31 Puerto Rico Inventory Tax 57:36 FOIA Bank Conspiracy Video 59:05 Demanding Government Accountability 01:00:35 Wrap Up and Next Plans

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