저자: PeterSchiff · 외국인
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연준이 12월 FOMC에서 금리를 인하할 가능성이 높고, 차기 연준의장 후보 케빈 해싯이 비둘기파라 달러가 약세로 가며 금·은 가격이 신고가를 경신할 것이라는 주장. 비트코인 열풍이 꺾여 중앙은행과 기관이 금으로 몰리고 있으며, 관세 철회는 관세가 물가를 올렸다는 간접 인정이라고 평가. 마이크로스트래티지는 지수 편출 위험이 있는 레버리지 비트코인 ETF일 뿐이라고 비판.
다듬은 글
before gold. In fact, I think silver will make a new high before gold. But gold will make a new high probably before the end of the year. The central banks want no part of Bitcoin. They're buying gold. And so investors are going to be discovering gold. I think we've already, again, we've already seen the lows uh for this pullback.
We've seen the lows in silver. We've seen the lows in gold. We've seen the lows in this pullback in the mining stocks. and we are all pumped and ready to go, hitting new highs, probably even before the the December FOMC meeting. Peter Schiff is once again piercing through the noise and giving investors what most people don't want to hear.
Schiff believes that something quite different is developing beneath the surface despite the financial media's constant discourse of a soft landing and a resilient economy. He contends that the so-called recovery is founded on debt, artificial stimulation, and controlled interest rates. According to Schiff, the Federal Reserve is trapped.
If they keep interest rates high, the debt bubble will crack. They will rekindle inflation if they lower interest rates. In either case, the dollar depreciates and its purchasing power keeps declining. That's why Shift believes we are approaching a turning point where trust in fiat currencies starts to break down and investors begin flocking back into actual real assets.
As cracks start to develop in the financial system, gold is quietly delivering a warning. While equities depend on confidence and liquidity, gold depends on reality. And right now, reality is leaning toward bigger debt, lower currencies, and more government intervention. before gold. In fact, I think silver will make a new high before gold, but gold will make a new high probably before the end of the year.
And what is going to be driving gold to record highs and silver to record highs and gold and silver stocks to new highs uh is going to be the Fed. Remember, we have one more FOMC meeting. I believe it's scheduled for December 10th. I believe the Fed is going to cut rates again. And if you recall the last FOMC meeting, that's when uh Pal threw a monkey wrench into the whole, you know, rate cut, uh uh, you know, narrative by kind of saying he didn't really know what he was going to do, that it was kind of like a coin toss that, you know, they could cut rates, they could leave them the same, they really didn't know.
It kind of depended on the data. And that really pulled the rug out from under these expectations and the markets uh went down. They were nervous about it. And if you recall what I said on my podcast, I said I didn't believe the Fed. I didn't believe that they weren't intending to cut rates. I think they absolutely knew that they were going to cut rates again.
They just didn't want to come out and admit that. They wanted to pretend to the markets that it's not a sure thing, that it's not a lock, and that, you know, they're weighing the evidence knowing that it really didn't matter. Uh because the economy is much weaker than they are letting on. And of course, there's a lot of behind the scenes pressure from the Trump administration.
So, they're getting a cut. But what helped revive the markets over the last couple of days was FOMC members coming out, including again today, and expressing uh a you know that they're they want to cut rates that the Fed is now or they are more worried about the labor market and softening in the labor market than inflation.
In fact, the the the party line that they're all towing at the Fed seems to be that inflation is uh behaving, that inflation is coming down. And so what the Fed is really concerned about is potential weakness in the labor markets. And that's of course exactly what the stock market and other markets want to hear.
And I think that is what is driving uh the rally. And I do expect now I think the uh odds of a December rate cut which had fallen back down from like 90% to like 50%. Are now back up above 80%. So that's what's going on with the markets. And I think that is also why you're going to see this surge in uh in gold.
And I think the dollar is now just rolling over and the performance of actual gold is so good in comparison. I think a lot of that money is going to start moving into gold. And I think a lot of the money that maybe was on the sidelines that wasn't buying gold or Bitcoin, but where Bitcoin was kind of killing the gold story.
I think now that you know the Bitcoin you know fever has broke and now the the gold story uh you know looks a lot better to a lot of fund managers who now are not going to say well you know gold what about Bitcoin people might buy Bitcoin instead of gold it's going to be pretty obvious that that's not the case the central banks want no part of Bitcoin they're buying gold and so investors are going to be discovering gold I think we've already again we've already seen the lows uh for this pullback we've seen the lows in silver we've seen the lows lows in gold.
We've seen the lows in this pullback in the mining stocks, and we are all pumped and ready to go, hitting new highs, probably even before the the December FOMC meeting. Here's how Peter Schiff views the current situation. Gold is starting to gain momentum, and one key reason is the growing rumor that Kevin Hasset could become the next chair of the Federal Reserve.
Hasset is considered as more willing to decrease interest rates and help the economy rather than aggressively fighting inflation. Markets are already reacting to that likelihood and transferring money ahead of time. At the same time, a rate cut in December is appearing more and more plausible. Even while expectations initially decreased, they've immediately bounced back.
When you combine a likely rate decrease with a more dovish Fed chair, it becomes much tougher for the currency to stay strong and much easier for gold to move higher. There are also indications of pressure in the larger economy. Growth is faltering. Many households are under financial pressure and the government is now pulling away from certain tariffs in an effort to decrease expenses.
Ironically, that action is an indirect admission that those tariffs were adding to inflation in the first place. All of this suggests that the system is under stress. Make sure to like, subscribe, and click the bell icon to get notified whenever we upload new content. We really appreciate your support.
So, another reason that I think investors are buying gold again and why they're going to be selling the dollar is the odds shot up for Kevin Hasset to be the next Fed chair. And if you look at Poly Market, he's now in first place with a 55% chance of being uh Trump's pick to replace uh Too late Powell.
55%. The the the number two guy is at 21% Christopher Waller. And then Kevin Walsh is down at 14%. So, it's really narrowed down to those three guys and and Kevin Hasset is now the odds on favorite to be the next Fed chairman. And of all of the candidates that Trump was considering for the job, Hasset is the most doubbish.
But not only is he likely the most dovish, but he's also likely to do what the president wants. He's probably the most loyal uh Trump supporter being, you know, his chief economic adviser. But I think that if Trump wants to put a puppet as Fed chairman so he can pull the strings, Kevin Hassid is the puppet that he's going to pick.
So this, I think, is very negative for the dollar. Uh it means a weaker dollar, it means higher inflation, and it means, you know, higher gold and silver prices. I mean, that's why the rally continues. Gold's now up $17. So, the markets are are very strong and that is one of the reasons uh for this.
So, we've got the December rate cut back on track. We've got a super dove uh teed up to be the next Fed chairman, you know, and the economy is weakening, right? They are, you know, trying to figure out what to do. Trump is starting to roll back tariffs left and right, right? Recognizing that they're not doing what he had hoped.
Uh but the economy is in trouble. He's trying to find ways to lower prices because affordability is the big problem. And he worsened that problem with his tariffs. And so now he's trying to reduce prices by removing tariffs without uh admitting that the tariffs are causing prices to be higher, which is obvious because if removing tariffs lowers prices, then imposing them has to raise prices.
You know, I it's impossible for uh for that not to be the case. But also the other thing that I think is going to help the gold market is the air coming out of the the Bitcoin bubble and the crypto bubble and you know no uh better example of what's going on there is in uh the stocks these companies and Micro Strategy a warning because I think it was Morgan Stanley that came out and said you know there's a good chance that the indexes the global stock market indexes like the world uh MRCI index that they're going to kick micro strategy stock out of the index and and that means that companies that are tied to those indexes that now own micro strategy or strategy I keep I keep I keep using the old name you know I joke they should have changed the name to micro because that's where the stock is going as opposed to strategy you know I saw some joke online where they they named the company Tragedy instead of strategy.
A strategy tragedy is probably another good name uh for the company. But anyway, it's strategy. But if strategy is kicked out of these indexes, that means a lot of uh index funds that bought it are going to sell it. Now, I 100% agree that strategy never should have been added to those index funds in the first place because it's not a viable business.
I mean, there is some kind of software business buried beneath uh that Bitcoin balance sheet, but it is so small it is inconsequential to the stock. All Micro Strategy is is a levered Bitcoin ETF. And why should an ETF be in an index of stocks, right? It shouldn't be. And if you are trying to buy stocks which are operating businesses, right, that are expected to make profits by producing goods or performing services, you shouldn't be forced to buy Micro Strategy just because it's been added to an index that it never should have been a part of.
Uh, and so I think it's a smart move uh to get rid of it. But, you know, that will also help undercut its prestige and whatever demand there was for its shares. Peter Schiff's message is serious but simple. We might be on the cusp of another big structural upheaval in the financial world, one that promotes tangible assets and punishes reliance in paper.
The increased likelihood of a dovish Fed chair and a rate decrease has sparked a flow of capital out of risk and into precious metals, helping to strengthen gold and silver even as the dollar weakens. But beyond interest rates and central bank policy, there's a deeper undercurrent. Speculative bubbles are exploding.
Crypto and crypto linked stocks once promised rapid riches, but now many of them face collapse or removal from indexes. If significant investors realize steep losses, the ripple effects might be huge. In that storm, gold and silver don't only gleam, they act as shelters. This is a recalibration of faith rather than merely a commercial transaction.
There is a decline in confidence in fiat money, central banks, and speculative tech bubbles. Real assets such as gold, land, commodities, and tangible stores of wealth are becoming the dependable pillars in times of uncertainty. If you've been monitoring the financial news, hearing inflation numbers, seeing borrowing costs bounce about, or witnessing equities and crypto volatility, Shift thinks now is not a time to wait.
It's a time to place, safeguard, and maintain. Because real money retains its worth when paper money fails. So, while you think about your personal investments and financial safety net, consider this. Buying gold and silver isn't about chasing a quick profit. It's about surviving systemic risk and sustaining purchasing power as the foundations shift beneath you. .
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