Soar Financially, Released on 4/3/25
In this episode, I sit down with Peter Schiff, Chief Economist and Global Strategist at Euro Pacific Asset Management and host of The Peter Schiff Show. We break down the U.S. government’s sweeping new tariffs and explore their impact on inflation, the U.S. dollar, gold, consumer prices, and the broader markets. Peter shares why he believes the U.S. is entering the worst economic crisis in modern history, how the dollar is losing global trust, and why foreign markets and commodities like gold and silver may be the only lifeboats in sight. Don’t miss his no-holds-barred take on “Liberation Day,” the debt ceiling, de-dollarization, and what investors need to do now.
00:00 – Intro & Market Chaos Explained
01:51 – Welcoming Peter Schiff
03:00 – Why Peter’s Portfolio Is Up While Markets Crash
04:20 – “Liberation Day” or Economic Handcuffing?
06:00 – Who Really Pays the Tariffs?
07:15 – Trump’s Economic Strategy: Misguided or Malicious?
09:25 – The Truth About Tariff Reciprocity
11:00 – How Tariffs Hurt American Consumers
12:00 – Stagflation: Worse Than the 1970s?
13:50 – When Will Tariffs Hit Consumer Prices?
15:00 – From Wall Street to Main Street: The Inflation Shift
16:45 – “Worst Economy in Modern Memory”
18:30 – Can Trump Still Deliver a Boom?
20:00 – Crowding Out: Bonds vs. Factories
21:20 – Debt Ceiling & Government Spending
22:10 – Gold’s Wild 24-Hour Ride
23:45 – The Dollar Drops & Gold Soars
25:10 – Bonds, QE, and the Coming Collapse
26:25 – Can the U.S. Reindustrialize?
27:20 – Is the Dollar Losing Reserve Status?
28:20 – What Markets Miss About Risk
29:30 – Commodities Outlook: Boom Outside the U.S.?
30:45 – Peter’s Investment Strategy: Where He’s Positioned
31:45 – Final Thoughts & Where to Follow Peter
Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Peter is the CEO and Chief Economist of Euro Pacific Asset Management and Chairman of Schiff Gold. He’s also the author of the bestselling books: Crash Proof 2.0, The Little Book of Bull Moves in Bear Markets:, and The Real Crash: America’s Coming Bankruptcy – How to Save Yourself and Your Country
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