Peter Schiff explains why gold’s worst week since 1983 could be the best buying opportunity yet as inflation, war, and housing risks mount.

Peter Schiff argues that the sharp collapse in gold and silver is being misread by traders who still believe hotter inflation and tougher Fed talk are bearish for precious metals. He says the real signal is the opposite: producer prices are reaccelerating, oil is surging because of the Iran war, the Fed is trapped, and real interest rates are set to fall as inflation outruns any politically tolerable rate response.

He also links the selloff to a broader macro breakdown, including rising Treasury yields, a weakening labor market, an overvalued housing market, looming trouble for Fannie Mae and Freddie Mac, expanding war deficits, and renewed money printing ahead. Schiff’s view is that the current pullback in gold, silver, and mining stocks is not the end of the bull market, but a rare buying opportunity before stagflation, de-dollarization, and a deeper dollar crisis push precious metals much higher.