Schiff’s 2025 Recap: Buy Gold and Silver Now

In his post-Christmas 2025 recap, Peter walks listeners through the latest surge in precious metals and why he thinks now is the moment to act. He lays out a pattern of weekly rallies tied to Asia’s trading hours, contrasts the track record of gold and silver with speculative plays like Bitcoin and MicroStrategy, and warns that the dollar’s safe-haven status is eroding. 2025, he argues, was just the start for precious metals.

He opens by urging immediate action rather than waiting for the usual buying window, pointing to a recurring pattern that favors prompt purchases:

But every week, every Friday, I have basically been pounding the table for my listeners not to wait for Sunday night to buy more gold and silver or platinum, but to do it right away. Because I’ve noticed the pattern of big rallies that start Sunday night each week when Asia opened for trading. Now, this has been the biggest rally that we’ve had of the bull market. It really is an incredible move, but I think that it’s going to be outdone. This is not the last big move.

Peter then offers a personal history to show how dramatically precious metals can outperform over time, reminding listeners that long-term ownership matters:

In fact, when I first started buying silver for my past clients, my brokerage clients, and I was buying it for myself too back then, I still own the silver that I bought. I was paying less than $5 an ounce. So today’s move alone, the increase in the price of silver today, is more than the entire price when I first started buying it, which is incredible.  

Switching to crypto, he frames MicroStrategy as a cautionary tale about leverage and corporate treasuries betting big on volatile assets:

In fact, I think it’s falling all the way to zero. In fact, MicroStrategy is probably going to be a zero long before Bitcoin is a zero. So it’s still not too late to get out, by the way, if you still own MicroStrategy, because MicroStrategy is no longer buying Bitcoin. Now it’s buying U.S. Treasuries because it’s worried about liquidity because they borrowed so much money to overpay for Bitcoin.  

He drives home the opportunity cost of choosing Bitcoin over tangible stores of value, arguing that many crypto buyers miss the upside that gold and silver offer:

Because if you bought Bitcoin instead of buying gold or silver, because some idiot talked you out of gold and silver because you were watching CNBC, right, instead of listening to my podcast and you didn’t buy gold and silver. You were thinking about buying it. But instead of buying it, you bought Bitcoin. You didn’t just lose 10, 20, 30, 40 percent Bitcoin. You lost the double or triple that you would have made had you bought gold or silver.

Peter also points to currency signals that, in his view, confirm a global rethinking about the dollar’s role — central banks buying gold and the Swiss franc acting as a parallel safe haven:

Now, the dollar hasn’t even really gone down much this year, although it is very close to an all time record low against the Swiss franc, just less than one percent away from an all time record low. The Swiss franc is a leading indicator of, I think, a loss of confidence in the dollar, just like gold. Why are foreign central banks buying gold? Because they’re losing confidence in the dollar. You can see that in the Swiss franc too, which is also a safe haven from the dollar.

He closes with a stark warning about living standards under a weakening dollar and a clear call to get in front of that trend by increasing exposure to precious metals now:

So it’s going to be a massive reduction in the American standard of living and massive reduction in the real value of U.S. dollar dominant assets. And so the key is now to get out ahead of that, right, to get ahead of that train by getting into gold and silver now. You know, yes, the prices are up, but they’re going to go a lot higher. That’s why they’re going up.

For a deeper dive into Peter’s crypto analysis, check out his latest interview with Paul Barron.