Schiff warned that Powell's rate cuts ignored inflation and instead pushed up long-term yields. Gold prices reaching $4,000 prove the Fed's monetary policy is too loose. Greenspan's assessment was more sensible.

Every war expands federal power—and it's never returned. From Lincoln to Bush, crises have provided a justification for an everlasting control. The price of freedom is endless vigilance.

Look how deceptive this headline is. This is exactly the trick those pro-Bitcoin media outlets often use—they hype up Bitcoin by misleading the public. Based on my previous post, a more accurate headline would be: "Schiff Calls MSTR's Record Gains a Scam."

$MSTR rose 6.7% after the company reported better-than-expected "profits." However, the entire report was a hoax. The so-called profits merely reflected the rise in Bitcoin's price. Saylor's full-year 2025 performance forecast also simply reflected his claim that Bitcoin would surge by the end of the year.

Trump claims the U.S. economy is at its strongest point in history and the hottest in the world. However, his approval rating on the economy has plummeted to just 33%. 60% of Americans disapprove of his handling of the economy. This is Trump's worst approval rating since taking office.

When you search my name on Google, one of the top search results is: “What is Peter Schiff accused of?” On June 30, 2022, the Office of the Superintendent of Financial Institutions of Puerto Rico (OCIF) announced the suspension of Schiff’s Europac International Bank in Puerto Rico, suspected of aiding money laundering and tax evasion. What the reports fail to mention is that a two-year-long, extensive investigation by five governments found no evidence that the bank aided money laundering or tax evasion, and I also won a defamation lawsuit against three “journalists” who falsely accused me of using my bank to aid in tax evasion and money laundering. Therefore, despite my complete innocence, the internet claims I am guilty because of Wikipedia. The real culprits are corrupt government officials and fake journalists covered up by Wikipedia. Furthermore, the real reason for suspending the bank's operations was that it was “seriously insolvent.” But the OCIF commissioner who made the false accusation was later forced to admit that the bank was not only fully solvency (with no debt, loans, or overdue accounts on its books), but also had millions of dollars more in cash reserves than it owed depositors. In fact, my bank is probably the most solvency-efficient bank in the world, as it can redeem 100% of its deposits within a single day.

The American welfare system reflects the tragedy of the commons—good in intention but extremely destructive. True reform means restoring ownership, dignity, and local philanthropy.

The CNBC Fast Money team unanimously believes that gold prices have peaked and will fall sharply. They predict gold will drop to $3,600, more than 10% lower than the current price and nearly 20% lower than its all-time high. Meanwhile, there are no signs of a potential crash in Bitcoin. This is precisely an excellent contrarian signal, suggesting we should sell Bitcoin and buy gold.

Yesterday, the Federal Reserve cut interest rates and ended its quantitative easing (QT) program. Due to this misstep, gold prices rose by more than $90 today, closing above $4,000. In stark contrast, Bitcoin plummeted by more than 3%, falling below $107,000. This is the difference between fake gold and real gold.

Gold breaking through $4,000 is not a sign of a market top, but rather a warning sign. Peter Schiff stated that inflation, debt, and the Federal Reserve's interest rate cuts will further push up gold prices.