Peter Schiff: Silver Breakout Ignored, Gold Setup Bullish, Inflation Looms
Economist and gold advocate Peter Schiff is raising alarms on two fronts—soaring silver stocks and growing inflation pressure—as financial headlines focus elsewhere.
Schiff’s recent posts highlight major market shifts that he believes mainstream media and policymakers are failing to acknowledge.
Silver Breakout Gets Overlooked While Investors Reap Gains
According to Schiff, silver and silver-related stocks are surging—some up more than 10% on the day—but major outlets like CNBC aren’t covering the rally. He sees this media silence as a hidden gift for precious metal investors.
“If you’re relying on CNBC for market updates, you probably missed silver’s breakout,” he wrote. “But if you’re holding silver stocks, this media blackout is music to your ears.”
The lack of attention, Schiff implies, may allow savvy investors to get positioned before the broader market catches on.
Gold Dips, But Schiff Sees Bullish Setup Unfolding
Despite gold stocks slipping into negative territory, Schiff remains optimistic. He attributes the decline to a technical repositioning—traders unwinding long-gold, short-silver bets. This development, he says, is bullish for the entire precious metals complex.
“With silver now leading the charge,” Schiff noted, “gold and mining stocks could benefit as the sector resets higher.”
Productivity Drops as Labor Costs Soar—Inflation Ahead?
Shifting to macroeconomic risk, Schiff pointed to worrying signs from U.S. labor data. Productivity dropped 1.5% in Q1—double the expected decline—while unit labor costs surged 6.6%. Schiff warns this trend adds fuel to inflation.
“These numbers signal more upward pressure on consumer prices,” he explained, warning that the Federal Reserve may soon return to quantitative easing to contain bond yields and cover ballooning budget deficits.
Conclusion: Silver’s Moment, Fed’s Dilemma
Schiff paints a picture of quiet opportunity and brewing risk. As silver rallies with minimal attention, he sees potential upside for precious metals investors. Meanwhile, rising labor costs and falling productivity set the stage for inflation and fiscal strain—factors that could push the Fed back toward money printing sooner than markets expect.
Kosta Gushterov
Reporter at Coindoo
Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.
