In April 2025, when gold first broke above $3,250, and market stress was accelerating, Peter Schiff discussed the real-time analysis of a system under pressure. At the time, the United States and China had just escalated tariffs, the dollar was weakening, and gold was posting its strongest weekly gains since 2020.
In this focused cut, Schiff explains why he believed the gold rally marked the beginning of a long-term shift in global capital flows. He breaks down why central banks were moving out of dollars and into gold, why mining stocks remained historically undervalued even as spot prices hit new highs, and why he argued that the United States had “pricked its own bubble” through policy decisions that accelerated inflation and reduced foreign demand for U.S. assets.
Credit to : Kitco NEWS