Name: Peter Schiff: End Game Coming, Bubble Popping, $2 Trillion Interest by Next Year
Uploaded: 2026-06-23T14:00:18+00:00
Duration: 2877 s

Speakers

Peter Schiff — CEO, SchiffGold

Summary

Peter Schiff argues the bubble is popping, led by crypto, and predicts a bond market breakdown with 10-year yields breaking above 5%. He sees Japan's debt crisis as a harbinger for a US dollar collapse, advocates buying gold and silver while selling Bitcoin and MicroStrategy, and expects higher oil prices and an emerging markets rotation.

Air coming out of bubble, crypto leading decline; Bitcoin and MicroStrategy should be sold.
Bond market poised for another breakdown: 10-year yield to break 5%, 30-year to 5-6%.
US fiscal deficits surge, interest expense heading to $2 trillion, pressuring Treasuries.
Japan at breaking point: yen could lose another 30-50%, may sell US Treasuries, triggering global contagion.
Gold pullback to $4,200 is a buy-the-rumor-sell-the-fact opportunity; bull market intact.
Silver at $65 is a new bull market, target $200.
Oil prices to go higher despite war ending, driven by a weaker dollar.
US dollar to lose reserve status and value; emerging markets to benefit from capital flows.

Ideas

Peter Schiff CEO, SchiffGold 0:00

Short US dollar, reserve currency collapse.

The US dollar will lose its reserve currency status and a lot of value relative to other currencies as the day of reckoning arrives. US assets will be repriced down, and the dollar index (DXY) needs to break below 90 for a bigger decline.

Peter Schiff CEO, SchiffGold 1:54

Crypto bubble bursting, sell Bitcoin now.

The bubble is popping, with crypto leading the decline. Bitcoin has already shown weakness and is a high price for nothing; it should be sold. The house of cards around crypto is collapsing.

Peter Schiff CEO, SchiffGold 2:31

MicroStrategy house of cards collapsing, sell.

MicroStrategy and its preferred shares are part of a house of cards that is collapsing along with crypto. Its heavy Bitcoin exposure makes it a leveraged play on the crypto bubble unwind.

Peter Schiff CEO, SchiffGold 6:00

Short long-term Treasuries as yields surge.

Bonds are getting ready for another breakdown with yields moving higher. The 10-year Treasury could break above 4.5% and head toward 5%, while the 30-year could rise toward 5-6%. The bond market is very weak and another leg down in prices is coming.

Peter Schiff CEO, SchiffGold 22:54

Short Japanese yen, further 30-50% drop.

The Japanese yen has already lost half its value from the peak and looks poised to lose another 30-50% quickly. Japan's debt crisis and rising yields will pressure the yen further, and a freefall could trigger cross-asset turmoil.

Peter Schiff CEO, SchiffGold 34:21

Silver bull market, target $200, buy.

Silver at $65 is a historic breakout and a big bull market that has just started. After a massive overshoot to $125, the pullback is a buying opportunity. The long-term target is $200 silver, and investors should not be scared out.

Peter Schiff CEO, SchiffGold 42:09

Emerging markets to outperform, rotate long.

Emerging markets will be recipients of a lot of capital flows as the US dollar loses value and US assets are repriced down. This is part of the endgame where global capital rotates out of US assets into EM.

Peter Schiff CEO, SchiffGold 45:11

Oil prices to rise, think contrarian long.

Oil prices will keep going up despite the market pricing in a decline after the war. The consensus is wrong; higher oil is a long-term call driven by a weaker dollar and inflation dynamics.

Peter Schiff: End Game Coming, Bubble Popping, $2 Trillion Interest by Next Year

Summary

Ideas

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