{"id":72655,"date":"2026-05-17T19:04:42","date_gmt":"2026-05-17T19:04:42","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/peter-schiff-tells-vric-media-the-us-economy-is-heading-into-its-worst-inflation-yet-bitcoin-news\/"},"modified":"2026-05-17T19:04:42","modified_gmt":"2026-05-17T19:04:42","slug":"peter-schiff-tells-vric-media-the-us-economy-is-heading-into-its-worst-inflation-yet-bitcoin-news","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/peter-schiff-tells-vric-media-the-us-economy-is-heading-into-its-worst-inflation-yet-bitcoin-news\/","title":{"rendered":"Peter Schiff Tells VRIC Media the US Economy Is Heading Into Its Worst Inflation Yet \u2013 Bitcoin News"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Peter Schiff warns that the Fed\u2019s balance sheet expanded by over $200 billion in 2025, signaling a return to quantitative easing.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Schiff calls STRC a \u201cclassic centralized Ponzi,\u201d warning retirees could lose principal on Strategy\u2019s 11.5% preferred stock.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">With 30-year Treasury yields potentially hitting 8%, Schiff sees gold, silver, and mining stocks as the primary hedge through 2026.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<h2> <span>Gold<\/span> Advocate Peter Schiff Predicts $20,000 <span>Gold<\/span> Price Over the Next Decade<\/h2>\n<p>During the <a href=\"https:\/\/youtu.be\/osubTSofJi4?si=FU8wmfHbQGb-P_3k\" target=\"_blank\" rel=\"noopener noreferrer\">interview<\/a>, Schiff pointed to the year-over-year CPI reading of 3.8%, up from 3.3% the prior month, and said the annualized April figure is running closer to 7.2%. Oil prices, he noted, were already higher than when those numbers were calculated. He does not expect upward pressure on prices to let up. The Fed, he argued, is still holding an easing bias while <span>inflation<\/span> worsens, and markets are pricing in rate cuts that will not arrive.<\/p>\n<p>\u201cThe markets are really set up for a major disappointment,\u201d Schiff said. He warned that 30-year Treasury yields could break above 8%, a level that would inflict serious damage on U.S. government finances given the current debt load. The 20-year high sits around 5.1%. Getting to a 30-year high, he said, is a different situation entirely.<\/p>\n<p><a href=\"https:\/\/news.bitcoin.com\/schiff-warns-us-dollar-credibility-collapse-could-trigger-rising-rates-debt-crisis-and-economic-downturn\/\">Schiff<\/a> also flagged the Fed\u2019s balance sheet as a direct concern. He said it has expanded by more than $200 billion so far this year and that the money supply is growing at a rate of at least 5%, which he called incompatible with a 2% <span>inflation<\/span> target. He expects the Fed to accelerate bond purchases, particularly if the 10-year yield breaks decisively above 4.5%. The result, he said, will be a much larger balance sheet and more <span>inflation<\/span>, not less.<\/p>\n<p>On the federal debt, Schiff said the official figure of roughly $39.2 trillion understates the real problem. When unfunded liabilities like Social Security, Medicare, and pension commitments are factored in, he puts the total closer to $150 trillion. He called the U.S. \u201ccompletely insolvent\u201d as a nation and said foreign central banks have already started drawing the same conclusion, which is why <span>gold<\/span> has been moving higher.<\/p>\n<p>Schiff described Social Security as a Ponzi scheme structured around government IOUs. The trust fund, he said, holds nothing but U.S. Treasury bonds, meaning the government would simply have to sell new bonds when it runs out of old ones. He advised younger Americans to exclude Social Security from any retirement planning. For people in their 20s or 30s, he said, the payments, if they come at all, will not carry enough purchasing power to matter.<\/p>\n<p>He also addressed tariff policy, calling it a direct cost to American consumers. Trump\u2019s acknowledgment that lowering beef tariffs would reduce beef prices, Schiff said, is an admission that tariffs raise prices and are paid by Americans, not foreign exporters. He said federal deficits under the current administration are larger than under Biden, and that GDP growth in Trump\u2019s first year came in at 2.1%, below every year of the Biden term.<\/p>\n<p>On <span>gold<\/span>, Schiff offered a straightforward comparison. In 1971, an ounce of <span>gold<\/span> cost $35. Today it trades near $5,000. Burying $35 in the ground that year and digging it up today leaves someone with $35. Burying <span>gold<\/span> leaves someone with $5,000. He said the same forces driving that move over the past 50 years remain in place. He projected <span>gold<\/span> could reach $20,000 over the next decade.<\/p>\n<p>Schiff said mining stocks offer better upside than the physical metal for investors with higher risk tolerance, though physical <span>gold<\/span> and silver remain essential for everyone. He manages the Euro Pacific <span>Gold<\/span> Fund (EPGIX) and separately managed mining portfolios through Europac.com. He also operates schiffgold.com, where he said clients can take physical delivery or hold metal in storage through a program called T- <span>Gold<\/span>.<\/p>\n<h2>Schiff Calls STRC a \u2018Pure Ponzi\u2019<\/h2>\n<p>Beyond his macro outlook, Schiff has been targeting <a href=\"https:\/\/news.bitcoin.com\/strategy-to-repurchase-1-5b-in-notes-says-bitcoin-sales-could-fund-deal\/\">Strategy Inc.<\/a> chairman Michael Saylor and the company\u2019s perpetual preferred stock, STRC, a great deal throughout May 2026 on social media. Strategy issues STRC as a high-yield product paying roughly 11.5% annually, marketed in part to income-seeking investors, including retirees.<\/p>\n<p>After Saylor suggested in an early May interview at Consensus Miami that Strategy might sell <span>bitcoin<\/span> to cover STRC dividends, Schiff <a href=\"https:\/\/x.com\/PeterSchiff\/status\/2052037060442067063?s=20\" target=\"_blank\" rel=\"noopener noreferrer\">called<\/a> the product \u201ca pure Ponzi\u201d on X. He posted that if Strategy ever had to choose between selling <a href=\"https:\/\/www.binance.com\/en\/price\/bitcoin\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">bitcoin<\/a> or suspending STRC dividends, Saylor would sacrifice the dividend and crash the stock. He later criticized Saylor\u2019s walkback of the statement as technically incoherent.<\/p>\n<p>Schiff has accused Saylor of violating U.S. Securities and Exchange Commission (SEC) marketing rules by describing STRC as appropriate for retirees seeking low-risk wealth preservation. \u201cSaylor\u2019s comments will help retirees who lose money win lawsuits against MSTR,\u201d he wrote. He added that STRC diverts demand away from <a href=\"https:\/\/www.binance.com\/en\/price\/bitcoin\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">bitcoin<\/a> itself, since the 11.5% yield attracts capital that might otherwise go directly into <a href=\"https:\/\/www.binance.com\/en\/price\/bitcoin\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">BTC<\/a>, while Strategy must pay that yield regardless of what <a href=\"https:\/\/www.binance.com\/en\/price\/bitcoin\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">bitcoin<\/a> does.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/peter-schiff-tells-vric-media-the-us-economy-is-heading-into-its-worst-inflation-yet\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways Peter Schiff warns that the Fed\u2019s balance sheet expanded by over $200 billion in 2025, signaling a return to quantitative easing. Schiff calls STRC a \u201cclassic centralized Ponzi,\u201d warning retirees could lose principal on Strategy\u2019s 11.5% preferred stock. With 30-year Treasury yields potentially hitting 8%, Schiff [&hellip;]<\/p>\n","protected":false},"author":19,"featured_media":72656,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/72655"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/19"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=72655"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/72655\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/72656"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=72655"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=72655"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=72655"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}