The Julia La Roche Show #319 Peter Schiff: Trump Wrong On Inflation, Dollar Collapse Ahead & America's Inflationary Depression
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Dec 18, 2025 
Peter Schiff, Chief Economist at Euro Pacific Asset Management and a renowned commentator on macroeconomics, delivers a grim forecast for the U.S. economy, predicting a looming dollar collapse and inflationary depression. He argues that gold and silver prices are alarming indicators of this crisis. Schiff critiques both Trump and Biden for their roles in the inflation crisis and shares his belief that a radical left Democrat will win in 2028. He stresses the importance of protecting wealth through precious metals and foreign assets as the economy faces severe challenges.
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US Headed Toward Currency-And-Debt Crisis
- Peter Schiff warns the US is near the biggest economic crisis of our lifetimes driven by a dollar and sovereign debt collapse.
- He predicts a radical left Democrat could win in 2028 as political fallout from the crisis deepens.
Gold And Silver As Canary Indicators
- Gold above $4,300 and silver above $66 signal global loss of confidence in the dollar, according to Peter Schiff.
- He sees foreign central banks shifting reserves into gold and expects more buying to continue.
Response To Trump's Truth Social Post
- Peter Schiff recounts Trump's Truth Social attack calling him a "jerk" and a "loser" after a Fox interview.
- He says he voted for Trump but criticizes both administrations' fiscal policies that fueled inflation.