May 1, 2026
Friday Gold Wrap

Gold at $4600, Dollar Crashing Below 98, Trump’s 25% EU Car Tariffs & Bitcoin vs. Saylor

With gold prices holding firm around $4,580–$4,620/oz, the U.S. Dollar Index tumbling back below 98 (erasing its entire Iran-war safe-haven bounce), and President Trump announcing 25% tariffs on European cars and trucks starting next week, the markets are moving fast — and Peter is breaking it all down in real time.

In this episode Peter covers:

  • Why gold remains the ultimate hedge as 13-week U.S. money supply growth trends above 5% — a clear inflationary signal no matter what the Fed does with rates.
  • Dollar weakness intensifying: pressure on oil prices, bond yields, and everyday costs for Americans.
  • Trump’s new EU tariffs — higher car prices for U.S. buyers and what it means for inflation and trade wars.
  • Bitcoin update & the ongoing Saylor debate: Peter explains why he’s still calling out the hype and why physical gold & silver beat crypto for real wealth preservation.
  • Latest Comex data showing gold and silver still flowing out of vaults, plus fresh SchiffGold analysis on why Washington can’t bail itself out this time.
  • Whether you’re already stacking gold, watching your 401(k), or wondering if Bitcoin can survive the next leg down, this is the market update you need right now.

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The above references an opinion and is for information purposes only. It is not intended to be investment advice.

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