Peter Schiff on Why the Debt Ends in Debasement and Gold

On Trading Trends, Chris Vecchio sits down with Peter Schiff, chief economist and global strategist at Euro Pacific Asset Management and founder of SchiffGold. Schiff makes the macro case he has been known for: US debt and deficits are simply too large to be repaid in real terms, so the pressure release valve becomes a weaker dollar, and that debasement is why he wants to own gold, which is trading near record highs. One of his sharper points is on real rates: even if the Fed raises nominal rates next week, if inflation is climbing just as fast or faster, the real return on cash keeps falling, which quietly favors hard assets over bonds. He also talks central bank gold buying and why he thinks this move is far from over. Views are the speakers' own. Education, not a recommendation. 📊 tastylive: https://www.tastylive.com/ 📰 Get Tom's pre-market analysis every morning: https://www.tastylive.com/newsletters 📘 FREE Options Strategy Guide: https://tinyurl.com/bp9ms763 📱 Follow tastylive on X: https://x.com/tastyliveshow Chapters 00:00 The loudest critic on debt and gold 01:30 When the Fed started losing control 04:00 Why the debt cannot be repaid 07:00 Real rates fall even as the Fed hikes 10:30 Debasement over default 13:30 Central banks are buying gold 17:00 Why the gold move is not over 20:00 What it means for your portfolio #tastylive #peterschiff #gold #debasement #usdebt #inflation #dollar #realrates #investing #stockmarket tastylive is a real financial network, producing hours of live programming every day. Follow along as our experts navigate the markets, provide actionable trading insights, and teach you how to trade. With over 120 original segments, and over 25 personalities, we'll help you take your trading to the next level, whether you are new to trading or a seasoned veteran. tastylive content is created, produced, and provided solely by tastylive, Inc. ("tastylive") and is for informational and educational purposes only. It is not, nor is it intended to be, trading or investment advice or a recommendation that any security, futures contract, digital asset, other product, transaction, or investment strategy is suitable for any person. Trading securities, futures products, and digital assets involve risk and may result in a loss greater than the original amount invested. Investment information provided may not be appropriate for all investors and is provided without respect to individual investor financial sophistication, financial situation, investing time horizon or risk tolerance. Options, futures, and futures options are not suitable for all investors. Prior to trading securities, options, futures, or futures options, please read all applicable risk disclosures, including, but not limited to, the Characteristics and Risks of Standardized Options Disclosure and the Futures and Exchange Traded Options Risk Disclosure Statement found at https://tastytrade.com/disclosures/. Past performance is not indicative of future results. Performance is not presented net of all commissions, fees, and expenses. Multi-leg option strategies incur higher transaction costs than single leg trades as they involve multiple commission charges. Examples provided are for illustrative, informational, and educational purposes only and are not intended to be reflective of results you can expect to achieve. Supporting documentation for any claims, including claims made on behalf of options programs), comparisons, statistics, or other technical data, if applicable, will be supplied upon request. tastylive, through its content, financial programming or otherwise, does not provide investment or financial advice or make investment recommendations. tastylive is not a licensed financial adviser, registered investment adviser, or a registered broker-dealer.