Trump’s Victory Leads to Gold Price Boom
As Trump’s tariff gambit reshapes the economic landscape, gold has emerged as an unexpected winner.
Get the latest headlines, market analysis, and original content from SchiffGold.
As Trump’s tariff gambit reshapes the economic landscape, gold has emerged as an unexpected winner.
Gold closed this week at $2,650 (up about $25 since last week) and silver at $30.60 (up about $0.41). Joel discusses higher inflation, global rate cut momentum and why Trumps policies add fuel to the inflation fire. Price action discussed at 5:38.
On Tuesday, Peter joined Josh Jalinski on a live episode of the Financial Quarterback show. Taking questions from both Josh and listeners, Peter discusses several Bitcoin-related topics, Trump’s tariff proposals, and whether or not the government can ever be efficient.
Gold closed this week at $2,715 (up $153 since last week) and silver at $31.33 (up $1.10). Joel and JD discuss recent price action, 100k Bitcoin and why Goldman Sachs predict just 1% annual returns to the S&P 500 over the next decade.
Gold closed this week at $2,562 (down $123 since last week) and silver at $30.23 (down $1.20). Joel discusses recent price action, recent USD gains, and why Trump faces a terrible dilemma around inflation.
Federal Budget: Trump Inherits an Absolute Fiscal Mess – $1.8T Annual Deficit
On Friday, Peter capped off a very newsworthy week, in which the decisive Trump victory shocked the media class and another Fed rate cut was announced. Peter analyzes both events, arguing against the unbridled economic optimism of Trump’s supporters and criticizing Jerome Powell’s stance on Fed independence and his alarming lack of concern for a […]
This week, gold prices pulled back by around $50 from last week’s levels, and silver dropped roughly a dollar. These movements coincided with the recent election of Donald Trump as the 47th President of the United States.
In the latest episode of the Peter Schiff Show, Peter dissects Donald Trump’s dominant election victory and spends most of the show evaluating America’s economic prospects under his second term. He also hits on Bitcoin’s recent price surge and announces a new lawsuit launched against the IRS and other parties responsible for the closing of […]
Last week, Peter was in New Orleans for the New Orleans Investment Conference, where he was a featured speaker. During the event, he also appeared on Market Misbehavior with David Keller to talk politics, monetary policy, and America’s future in a changing global landscape.
Yesterday Peter joined host Jesse Day on his show, Commodity Culture, to discuss the upcoming election, the historic decline of the dollar relative to gold, and a possible return to quantitative easing. They also devote time to global affairs, namely recent violence in the Middle East and movement in the Chinese equity market.