
From the Desk of Anthony Pompliano Peter Schiff On Why Gold, Silver, Metals Will KEEP GOING UP
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Jan 29, 2026 Peter Schiff, economist and long-time gold advocate who runs Euro Pacific Capital, explains why gold, silver and miners are on a generational run. He discusses central banks buying gold and de-dollarization. They debate tariffs, inflation measurement, AI’s deflationary claims, and contrast metals’ rally with Bitcoin’s underperformance.
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Metals Rally Driven By Inflationary Policy
- Peter Schiff says metals rally reflects reaction to inflationary Fed and fiscal policy and a move out of dollars into hard assets.
- He expects central banks and private investors to keep buying gold and silver, pushing prices higher.
Buy Mining Stocks Over Spot Metals
- Peter Schiff recommends buying precious metals mining stocks because their profits and cash flows rose faster than prices.
- He argues mining stocks still offer strong upside despite recent rallies because markets underappreciate the profit gains.
Tariffs, Deficits, And A Dollar Feedback Loop
- Schiff frames tariffs, weak dollar and rising deficits as fueling Fed monetization and runaway inflation risk.
- He warns this feedback loop could lead to dollar collapse and potential hyperinflation.

