Jerome Powell’s Jackson Hole speech marks a major pivot at the Federal Reserve. Peter Schiff explains how political pressure from the Trump administration has forced Powell’s hand, why stagflation is now undeniable, and what this means for gold, the dollar, and the future of the U.S. economy. This episode is sponsored by NetSuite. Download the free ebook “Navigating Global Trade: 3 Insights for Leaders” at https://netsuite.com/gold In this Sunday Night Live edition of The Peter Schiff Show, Peter compares Powell’s capitulation to the “mind right” scene in Cool Hand Luke, warns about the Fed’s coming return to QE, and exposes the dangerous precedent of the U.S. government seizing a 10% stake in Intel. Schiff lays out why gold, silver, and foreign stocks are outperforming, and why the next phase of the crisis will be even more severe. 00:00 Introduction and Opening Remarks 02:15 Powell’s Jackson Hole Speech: A Sober Assessment 06:48 Trump’s Pressure and Powell’s “Mind Right” Moment 12:02 Comparing Trump and Biden Economies 18:37 Stagflation Confirmed: Weak Growth, Stronger Inflation 24:10 Fed Policy, Employment Risks, and Inflation Mandate 29:44 The End of Inflation Averaging at 2% 36:50 Rate Cuts, Quantitative Tightening, and QE Ahead 44:15 Market Reactions: Stocks, Bonds, and the Dollar 51:28 Gold and Silver Surge vs. Bitcoin’s Underperformance 58:44 Mining Stocks: GDX and GDXJ Leading 2025 Returns 01:05:37 Foreign Stocks and the Great Rotation Out of U.S. Equities 01:12:52 Intel’s 10% Government Stake and Rising Corporatism 01:20:46 Investment Strategy: Gold, Mining, and Foreign Markets 01:28:14 Conclusion and Schiff Sovereign Update Follow @peterschiff X: https://twitter.com/peterschiff Instagram: https://instagram.com/peterschiff TikTok: https://tiktok.com/@peterschiffofficial Facebook: https://facebook.com/peterschiff Sign up for Peter's most valuable insights at https://schiffsovereign.com Schiff Gold News: https://www.schiffgold.com/news Free Reports & Market Updates: https://www.europac.com Book Store: https://schiffradio.com/books #federalreserve #stagflation #gold #inflation #dollarcollapse #economy Our Sponsors: * Check out FRE and use my code LISTEN20 for a great deal: https://frepouch.com * Check out Infinite Epigenetics: https://infiniteepigenetics.com/GOLD * Check out Justin Wine and use my code SCHIFF20 for a great deal: https://www.justinwine.com Privacy & Opt-Out: https://redcircle.com/privacy
