Ideas
Yen will strengthen on higher Japan rates.
The yen intervention only worked temporarily. What will ultimately strengthen the yen is higher Japanese interest rates and a weaker dollar. If the yen stops falling, it likely rises, which could force a rapid unwinding of the yen carry trade.
Dollar will collapse under its own weight.
The dollar is going to collapse under its own weight because of US fiscal and monetary problems. A weaker dollar is also part of what will strengthen the yen, and Fed money printing would destroy confidence in the dollar.
Sell long-term Treasuries as yields rise.
The Fed and Treasury will fail to bring down long-end yields because the inflation that is driving yields higher would only be worsened by attempts to suppress yields through buybacks or money printing. The 40-year bond bull market ended in 2020 and the bond bear market is already six years old; he thinks the bottom could drop out of the long bond market, yields could go through the roof, and he would not touch 10- or 30-year Treasuries.
Avoid TIPS; gold is better inflation hedge.
He does not trust TIPS because they are tied to CPI, which he believes understates inflation; gold has outperformed TIPS over the last 5, 10, 15, 20, and 25 years, so he would rather own gold for inflation protection.
Oil prices will stay high.
Oil prices are likely to remain high because the Iran war and energy supply disruptions are not ending soon; rising oil is also partly a reaction to US monetary and fiscal policy. If higher oil causes recession, deficits and more Fed printing would push oil and other prices even higher.
US stocks are vulnerable to rolling over.
Higher long-term yields will eventually pressure stocks through higher discount rates, competition from bonds, tighter credit and refinancing costs, and stressed consumers. The stock market can ignore these problems for a while, as in 1987, before rolling over; US equities are overpriced and vulnerable, and he advises moving out of them.
US real estate bubble risks burst.
He warns that if the US real estate bubble bursts, homeowners could lose their equity, leading to less consumer spending and banks being stuck with foreclosed real estate valued below the loans.
Banks face real estate foreclosure losses.
Banks would be hurt if the real estate bubble bursts because they would be left holding foreclosed real estate with negative value relative to the loans they made.
Own oil and energy companies.
He owns a lot of oil-company stocks and expects to gain as higher oil prices benefit producers. He acknowledges some US winners but says most Americans lose, and later includes energy companies among the international resource investments he favors.
Buy gold pullback; much higher ahead.
He recommends buying more gold now, calling the pullback from $5,600 to around $4,300 a good dip to buy with $4,000 as support; he expects gold ultimately to go much higher and prefers it to TIPS.
Buy silver after sharp pullback.
Silver around $64 is about half its February/March high, which he calls a great pullback to buy; he also ends by telling people to buy gold and silver.
Gold miners are cheap; buy.
Gold miners are still very cheap, so he thinks people should be buying them alongside gold and silver.
Avoid AI/tech; buy resources instead.
The AI capex boom is heavily debt-financed and circular: companies selling equipment lend to customers who often own the sellers' stock, and the spending has not yet generated profits. The borrowing is also pushing interest rates higher. He would rather own the resources needed for data centers and robots than tech companies.
Move abroad into cheaper international equities.
US assets are overpriced and vulnerable, so he recommends investing abroad into better-valued international equities and emerging markets. Foreign commodity-focused businesses also benefit from global resource demand.
Buy resource companies for AI buildout.
Even if the AI/data-center/robotics buildout continues, investors do not have to own tech stocks. The buildout requires many resources, and he owns those resources because selling them into the buildout should be more profitable than buying tech companies. He recommends commodity-focused companies, other resource companies, and industrial materials internationally.
This The David Lin Report video, published September 12, 2026,
features Peter Schiff
discussing FXY, USD, IEF, TLT, TIP, WTI, SPY, US Real Estate, KBE, XLE, GLD, SILVER, GDX, XLK, EEM, ACWX, Commodity/resource companies, Industrial materials.
15 trade ideas extracted by AI with direction and confidence scoring.
Speakers:
Peter Schiff
· Tickers:
FXY,
USD,
IEF,
TLT,
TIP,
WTI,
SPY,
US Real Estate,
KBE,
XLE,
GLD,
SILVER,
GDX,
XLK,
EEM,
ACWX,
Commodity/resource companies,
Industrial materials
