EXACTLY When to Sell Gold and Silver - Peter Schiff - Complete Exit Strategy!
FULL TRANSCRIPT
But I think the best buy is silver and
you know it's like turning back the
clock. It is a gift. Uh so load up on on
u on silver and uh you know do that as
soon as you can. You will not regret it.
I think there's very little downside
again $30 but the upside is
enormous. And that's why I think the
bond market did not recover along with
the stock market. That's why yields on a
10-year Treasury are still close to four
and a half and on a 30-year close to
five. And the market looks like it's
going to break down. And even if the Fed
comes in with some rate cuts later in
the year, that's not going to bring down
long-term rates. If anything, that will
push them even higher because you're get
you have a movement out of US dollars.
uh and out of US treasuries. And I think
that by calling
attention to the problems uh with our
trade imbalances and threatening the
world uh with these high tariffs, I
think this is a bigger uh you know
wakeup
call to foreign holders of dollars to
our trading partners that have large
surpluses with the United States and who
have been investing those surpluses in
US treasuries and mortgage back
securities and other US dollar
denominated assets that they are at risk
because the United States doesn't like
this. We somehow view this as being uh
the world ripping us off, taking
advantage of us. Uh and Trump is
determined to do something about these
massive imbalances which in and of
themselves are not the problem. They are
the consequence of the problem.
And the only way to solve or get rid of
the consequences is to actually solve
the problem. But what Trump was looking
at doing was covering up the symptoms
and blaming our trading partners for a
problem that we created. But I think
this is the type of wakeup call that
Biden sent when he put the sanctions on
Russia. He let foreign central banks
know and for foreign governments know
that it's dangerous to hold a lot of US
dollar reserves uh because we could
sanction you if we don't like what
you're doing. Well, now we've told them
again that it's dangerous because we
don't like you accumulating dollars uh
because we're going to retaliate with
tariffs or who knows, we may even uh
selectively default uh on debt held by
uh foreigners uh because you've you know
you've accumulated this debt unfairly.
You've taken advantage of the United
States. You've ripped off the United
States. And so I think the
ddollarization trend that began under uh
Biden is going to accelerate under
Trump. And in fact, if we're not going
to have very high tariffs, if we're just
going to have low tariffs, that will
fill the government coffers with some
extra tariff revenue, not nearly enough
to offset the enormity of the tax cuts
in the big beautiful bill. Uh, and also
not enough to bring any manufacturing
back to the United States because
Americans will just pay the tariffs. Uh,
and uh, they may consume a bit less
because of the higher prices.
Um, but I I think that the only way that
we're going to have a significant
reduction in our trade deficit is
through a significant depreciation of
the dollar because that will act like a
tariff except without the uh benefit of
the government getting any tax revenue.
But if the dollar goes down
dramatically, not just, you know, a
small decline, but if we have a big
decline in the dollar, then all of our
imports are going to be much more
expensive, just as if there had been a
tariff. And if our imports become a lot
more expensive, well, Americans aren't
going to buy as many imports. Uh but
what that means is that the dollars that
we used to send abroad to pay for those
imports are going to stay in the United
States bidding up consumer good prices
because now if we're not going to send
our dollars to China or some other
place, they're staying here. And what
are Americans going to do? We're going
to spend them. Well, you know, so
whatever we spend them on, the price is
going to go up. You know, we've
benefited for the last several decades
of exporting our inflation, but Trump
has made it clear that that's no longer
acceptable because that's foreigners
taking advantage of us. So, if we're
going to have to keep our inflation, uh
then we're going to see much bigger
price increases than what we've been
accustomed to over the years where we
were exporting our inflation. But the
other uh benefit that we're going to
lose is those dollars are not going to
be recycled back into the US economy
through the financial markets. So the
dollars that Americans were using to buy
foreign goods were coming back but into
our bond market, into our stock market,
into our real estate market. So pushing
up asset prices. So that's one way that
the inflation that the Federal Reserve
was creating uh was being routed into
financial assets. And so it was the
price of stocks, bonds, and real estate
that went up. And that made Americans
feel richer as they continue to consume
lowcost goods uh produced by our trading
partners. Well, now Americans are going
to have to spend their dollars here
bidding up consumer prices. And now
foreigners are not going to be investing
the dollars they earn bidding up our
financial asset prices. In fact, I think
foreigners are going to be pulling money
out of US stocks and bonds uh and
investing in their own markets,
especially if the dollar continues to
weaken and we effectively have a weak
dollar policy. Uh we're telling the
world that if you hold US assets, you're
going to lose because you're going to
lose on the foreign exchange. One of the
reasons that US assets have been so
attractive over the past several years
was the strength of the dollar. And so
the foreign currency gains augmented the
gains on US stocks and and bonds. But
now with that reversing, the headwind of
a weak dollar is going to subtract from
the returns that foreigners might have
on US assets. And in fact, if US assets
start to fall, if the US stock market
goes into a bare market and stock prices
go down and at the same time the dollar
is going down, then that augments the
losses that international investors are
suffering when they're measuring their
returns in their own currency. So, I
think you're going to see a lot of
selling of US financial assets and
central banks are going to continue to
sell dollars and US treasuries and
they're going to put more and more money
into gold. And that's why this trend is
not only going to continue, it's going
to accelerate and eventually spill over
into silver as individual investors join
central banks in looking for
alternatives to the US dollar. And the
best alternative, the most viable
alternative is gold and silver. Central
banks have already come to that
conclusion and they're buying gold
because they have to buy a lot and and
silver doesn't really suit their purpose
the way gold does. But individual
investors, the customers of of shift
gold, a lot of our customers, they can
put money into silver. They don't they
don't have millions and millions of
dollars or billions of dollars that they
need to get rid of and convert to real
money. If you're just talking about tens
of thousands of dollars, well, you could
easily take advantage of the low price
in silver and convert your fiat currency
into real money in the form of silver.
Now, I wouldn't exclusively buy silver.
I would also buy some gold, but don't
forget about silver and don't think,
hey, silver hasn't gone up, so you know,
it's never going to go up. I it's
eventually going to make a huge move and
catch up to the price of gold. So, in
the meantime, I would take advantage,
you know, the the team is still there at
Shift Gold uh to take your orders uh
over the weekend. You can go online and
you can fill up a shopping cart uh with
gold and silver. I think you want to
take advantage of the pullback that we
had uh this week uh because I think it
is a gift. I think we're near the lows.
I don't expect gold to go back below
3,000 just like I didn't expect it to go
below 2,000. Uh but I think anything
below 3,200 is a great buy. But even if
you have to pay a little bit more than
that, you know, in the scheme of things,
it's still good. But I think the best
buy is silver. And you know, it's like
turning back the clock. It is a gift. I
mean, if somebody would have told me
um you know, a year ago that we would be
at $3,200 gold and that silver would
only be $32 an ounce, I wouldn't have
believed it, right? Uh but it happened.
And I think it's a gift horse and they
say not to look those in the mouth. Just
take advantage of the gift and be
thankful that you have it. Uh so load up
on on uh on silver and uh you know do
that as soon as you can. You will not
regret it. I think there's very little
downside. Again, $30, but the upside is
enormous. Not just 50, which is the
double top going back to 1980. I mean,
it's hard to find a commodity that you
could buy cheaper than it was in 1980,
but that was also the high in 2011. But
I think one day $50 is going to be the
floor. uh and we're going to head much
higher. So $100 uh to me is a very
realistic target for the price of
silver. And that's a triple where it is
right now for gold to triple. You're
almost at, you know, $10,000 goal. Not
that gold's not going to get to 10,000.
Uh but to me, uh it seems that silver
will hit 100 before gold hits 10,000.
And so that's why I think that you
definitely want to be buying silver.
Gold and silver have once again captured
the spotlight as America teeters on the
edge of unprecedented financial and
political instability with Donald
Trump's recent surge in polling numbers
despite multiple legal challenges and
the US economy walking a tight rope of
inflation, rate uncertainty and
record-breaking debt levels, it has
become abundantly clear that the fiat
system rooted in endless money printing
and blind trust is broken.
Gold and silver are not just alternative
investments anymore. They are lifeboats
in a storm of economic and institutional
collapse. Every fiat currency in history
has eventually failed. The US dollar,
once backed by gold, now floats on the
whims of policy makers and central
bankers. The Federal Reserve claims to
fight inflation, yet it created the very
problem with years of near zero interest
rates and trillions in stimulus. And now
with CPI inflation numbers still sticky
and consumer sentiment in freefall,
they've cornered themselves into a
lose-lose situation. Raise rates and
tank the economy or ease and ignite
another inflation
wave. Either way, fiat suffers, but
physical gold and silver, finite, real,
and time-tested
thrive. In the last few weeks, silver
has quietly outperformed many other
assets, pushing past key resistance
levels while being largely ignored by
the mainstream
media. Gold, too, is testing all-time
highs amid global central bank
accumulation. Why are nations like
China, Russia, and even Poland buying
tons of gold while telling their
citizens to hold
cash? Because they know what's coming.
They know the dollar is losing its
dominance and that the next financial
system won't be built on paper IUS. It
will be anchored to something
real. Trump's return to the headlines
isn't just about politics. It's about
economic sentiment. His recent
statements slamming the Federal Reserve
and calling for a return to sound money
are echoing louder than
ever. Trump understands that Americans
are losing faith in the institutions
that manage their money.
Confidence in the Fed is near all-time
lows. The Treasury is issuing debt at a
break neck
pace. Social Security is on track to go
bankrupt. Meanwhile, the stock market
continues to float on speculation.
Artificially supported by Fed job boning
and tech hype. But beneath the surface,
cracks are forming. Young investors are
waking up. They're beginning to see the
trap. Save in dollars and you're
guaranteed to lose purchasing power.
Trust in stocks and crypto, and you're
subject to manipulation and regulatory
whims. The only assets with a 5,000-year
track record of preserving wealth
through every war, recession, and regime
change are gold and silver. And right
now, silver is arguably the most
undervalued strategic asset on Earth.
Not only is it a monetary metal, but
it's also essential in solar panels,
electric vehicles, and industrial
applications.
The supply is shrinking while demand is
surging. This is not a speculative
narrative. It's a supply chain reality.
Meanwhile, America is sleepwalking into
another debt crisis. With over $34
trillion in national debt and interest
payments now rivaling military spending,
the writing is on the wall. The
government has no plan to pay it off.
The only tool they have left is
inflation. Silent theft through currency
debasement. If you're holding dollars,
you're the victim. Every printed dollar
makes your savings weaker. Every
stimulus check, every bailout, every new
government program funded by the
printing press, it's a transfer of your
wealth to the state. Look at the banks.
Regional banking stress has returned and
big names are warning of a new wave of
collapses. If even one major institution
falls, a domino effect could ensue. And
with FDIC reserves under pressure and
trust and banks declining, people are
beginning to ask serious questions. What
happens to my savings if the system
locks up? If you can't hold it, you
don't own it. And that's why physical
metals are making a comeback. Gold and
silver require no counterparty. They
cannot be hacked, frozen, or inflated
away. They don't rely on government
promises or Wall Street gymnastics.
In times of war, regime change, or
collapse like the world is inching
toward now, they are the final fall
back. Just this week, Trump warned that
America is closer than ever to losing
the dollar as the world reserve
currency. That's not alarmism, it's
fact. The BRICS nations are actively
developing a goldbacked trading
currency, and the world is watching. The
petrod dollar era is ending and with it
the dollar's dominance. Gold and silver
will outlive fiat. They have outlived
every empire that thought it could print
its way to prosperity and they will
outlive this one
too. While Wall Street distracts you
with AI stocks and debtfueled bubbles,
the smart money is quietly accumulating
hard assets.
If the monetary system resets, and
history shows it always does, those
holding metals will have purchasing
power while everyone else scramles for
crumbs.
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