In this Schiff Gold Friday Market Wrap, Peter Schiff breaks down the explosive start to 2026 for precious metals after a historic 2025: gold surged, silver and platinum ripped higher, and mining stocks finally confirmed the bull market by outperforming the metals. Peter explains why this is no longer “just a gold story,” why silver’s breakout likely reset support far above the old $50 ceiling, and why miners still look cheap despite massive gains.

He also warns that 2026 could bring a physical silver squeeze—rising demand, tightening supply, and potential premium spikes that may make getting silver harder than simply watching the spot price. Peter connects the metals move to the bigger macro backdrop: de-dollarization, ballooning U.S. deficits and debt, weakening labor data, rising global yields (including Japan), and policy-driven inflation pressures.

Finally, he revisits the fading “Bitcoin as digital gold” narrative—why Bitcoin lagged while real money led, and why that shift could accelerate capital flows toward gold, silver, and mining stocks in 2026.

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