Peter Schiff

Congratulations, Bitcoiners. Six years in, the biggest Bitcoin buyer in the world is sitting at his own cost basis, around $75,500. Saylor promised 30% a year. Gold would have doubled his money. The Bitcoin president just got rejected by the voters. Got gold? youtu.be/eVYj3d_Nni4?utm_sou…

Trump bragged to @60Minutes that U.S. exports reached an all-time high during his presidency. What he left out was that imports also hit record highs, producing a record U.S. goods trade deficit. Judged by his own criteria, under his leadership the U.S. was the biggest loser.

Trump told @60Minutes that we've had the best two years in the history of the presidency, pointing to a record high in the Dow Jones. Since 1952, 11 out of 13 presidents have presided over new record highs in the Dow, including Biden. The only exceptions were Ford and Carter.

A Democratic-controlled Congress in 2027 and a Democrat in the White House in 2029 mean increased government spending, more regulation, larger budget deficits, and higher inflation. This is bullish for gold, which is about to rise above $4,100. Buy it now! schiffgold.com

The 2026 midterms didn't kill the Republican Party. Yes, Republicans are dead in 2028, as Democrats will win the White House and a filibuster-proof Senate majority. But because all the problems Democrats will be elected to solve will get worse, Republicans will be reborn in 2032.

Forget about gridlock. Some of the worst socialist ideas Trump had over the past two years that were so far left that even Republicans balked at supporting them will likely be signed into law now that Trump will be working with the Democrats instead.

If Democrats want to lower prices but also deliver the additional government programs they promised voters, they need to support major middle-class tax increases. That means that the nature of the affordability crisis will change from higher prices to lower after-tax incomes.

Abdul El-Sayed says that he wants the government to put money in people's pockets. But the government has no money that it doesn't first take from people's pockets. So what he's really advocating is that the government take money away from some people and give it to other people.

Democrats claim they'll fight to lower prices. But because prices rise due to the Fed monetizing deficit spending, unless Democrats cut government spending, prices will keep rising. Higher prices are the tax Americans pay to cover the cost of government programs Democrats love.

Republican presidential hopefuls are trying to distance themselves from the Iran war. But since reckless deficit spending means inflation will be higher over the next two years than it was during the past two, Republicans can't distance themselves from the affordability crisis.

Watch The Peter Schiff Show: youtube.com/playlist?list=PL…

Bitcoin Was a Trump Trade... Now the Democrats Are Coming for Crypto youtube.com/watch?v=eVYj3d_N…

The big problem in American politics is that voters expect the government to solve their problems. Our country was founded on the principle that the people should be left alone to solve their own problems. When government is empowered to solve problems, it creates them instead.

One of the few promises Trump kept was to impose tariffs. The problem is he also promised that China would pay the tariffs. The fact that Americans paid them instead was a big factor in driving the Democratic landslide in the midterms and why they'll win the White House in 2028.

With all of the major stock market indexes lower this week, the standout winners were precious metals mining stocks. The $GDX surged 9.6%. This is a sign of things to come. A sharp turn to the left, and the higher inflation that will result, will be extremely bullish for gold.

Over the past six years, $MSTR has been the biggest buyer of Bitcoin in the world. Yet the current price of Bitcoin is lower than its average cost. That means all @saylor has to show for six years of stacking is a loss. MSTR would have been much better off buying gold or the S&P.