Fed Plot Hides Raging Inflation

Peter Schiff warns of a Federal Reserve plot to hide raging inflation by downplaying gold’s explosive surge, signaling America’s fiat money system teeters on collapse under crushing debt.

Story Snapshot

Gold outperforms S&P 500 proxies and Bitcoin, up over 11,000% since 1971 while U.S. debt balloons past $35 trillion.
Schiff predicts gold at $100,000 per ounce amid currency collapse, contrasting milder bank forecasts of $3,800-$6,000.
MicroStrategy stock plunged 47.5% in 2025, losing 46% against gold since 2021, exposing Bitcoin strategy risks.
Fed claims inflation under control mask economic weakness, as central banks buy record gold to flee weakening dollar.

Gold’s Historic Rally Exposes Fiat Weakness

Gold rose from $35 per ounce in 1971, after the Nixon shock ended the gold standard, to over $4,000 by early 2026, delivering 11,000% gains. This surge stems from Austrian economics critiques of fiat money, positioning gold as the ultimate inflation hedge during crises. Central banks, especially in emerging markets, now purchase record amounts to diversify from the U.S. dollar amid persistent inflation. President Trump’s administration inherited $35 trillion in debt from Biden-era overspending, fueling money printing that erodes savings and drives Americans toward hard assets. Pensioners suffer most from fixed payments losing value to hidden inflation.

Schiff Slams Bitcoin Hype and MicroStrategy Losses

MicroStrategy, a Bitcoin proxy led by Michael Saylor, dropped 47.5% in 2025, hypothetically ranking as the S&P 500’s sixth-worst performer. Bitcoin lost 46% of its value in gold terms since November 2021, trading around $87,000 while gold neared $4,490 per ounce. Schiff labels Bitcoin strategies high-risk failures and “dead money,” predicting four worse years against gold. This divergence highlights gold’s stability over volatile crypto treasuries, a lesson for conservative investors wary of speculative fads pushed during globalist policies.

Federal Reserve Narrative Masks Debt Crisis

The Federal Reserve insists inflation remains under control, but gold’s rally signals investor distrust in the dollar. U.S. debt exceeds $35 trillion with record interest payments, forcing more money printing that conservatives long criticized under Biden’s fiscal mismanagement. Schiff accuses the Fed of a “plot” to suppress these warnings, echoing common-sense concerns about government overreach eroding individual liberty through devalued currency. Emerging markets reduce USD reserves, weakening American hegemony built on sound money principles.

Extreme Forecast Signals Hyperinflation Risk

Peter Schiff, Euro Pacific Capital CEO, forecasts gold reaching $100,000 per ounce if currencies collapse under unchecked debt and inflation. This stark prediction dwarfs bank estimates of $3,800 to $6,000 by 2026, requiring hyperinflation to materialize. While Schiff’s Bitcoin bearishness proved wrong since prices were under $300, his gold advocacy rang true in 2008 and 2020 crises. Gold investors benefit as S&P and crypto face volatility; everyday Americans see eroded purchasing power from past overspending.

Stakeholders Clash in Gold vs. Crypto Debate

Schiff battles Saylor’s Bitcoin maximalism, with central banks siding toward gold diversification. Bloomberg’s Mike McGlone echoes Bitcoin as high-risk “dead money.” Pro-Bitcoin voices like Pompliano claim gold’s edge is short-term, but data shows Bitcoin’s long-term underperformance against gold. This debate underscores conservative values favoring proven assets over hype, protecting family savings from inflation that punishes fixed-income retirees.