In an interview with Kitco News’ Jeremy Szafron, Peter Schiff warns that the U.S. isn’t heading for another 2008-style banking bust—it’s heading into a sovereign debt and dollar confidence crisis. He argues the Fed is set to cut rates into rising inflation, foreign demand for Treasurys is fading, central banks are quietly driving the gold/silver bull market, and retail buyers haven’t even arrived yet.
...Gold keeps smashing records in 2025. The precious metal hit $3,656 an ounce on September 15—up more than 40% since the start of the year, and a staggering $1,600 higher than just two years ago.
...If you missed Joe Pags’ recent conversation with Rich Jacoby, CEO of GoldenCrest Metals, you’ll want to catch this one. The two discussed everything from tariffs and inflation to the risks of digital currencies and why more Americans are looking at gold and silver to defend their retirement savings.
...The U.S. economy just flashed another warning sign. Employers added only 22,000 jobs in August, a dramatic slowdown from previous months and the second disappointing report in a row. Unemployment ticked up to 4.3%, the highest since 2021, raising alarm that the labor market is losing steam faster than the Federal Reserve anticipated.
...Gold just shattered its all-time high, surging past $3,508 per ounce, and investors are taking notice. The precious metal has climbed nearly a third in value this year, cementing its role as the ultimate safe haven at a time of political, economic, and monetary turbulence.
...Gold and silver are once again making headlines as both metals break through major milestones, signaling renewed strength in the long-running bull market. Silver has climbed above $40 an ounce for the first time since 2011, while gold is trading just shy of its all-time high above $3,500 per ounce.
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