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Legendary economist Peter Schiff joins Darrell to break down the illusion behind a 50,000 Dow, why inflation is driving markets higher, not prosperity, and what a coming dollar and sovereign debt crisis could mean for investors. Peter argues the U.S. economy is far weaker than headlines suggest explaining why gold at $5,000 may only be the beginning. Peter's links: https://x.com/PeterSchiff https://europac.com/ https://www.schiffgold.com/ https://www.schiffsovereign.com/ https://schiffradio.com/ / @schiffgold Brought to you by US Gold Corp (NASDAQ: USAU) https://www.usgoldcorp.com/ Learn to invest alongside the top minds in commodities. Join The Commodity University today. CLICK: https://linkly.link/26yH9 Sign up for Jay’s newsletter at https://2ly.link/211gx 00:00 – Intro 01:08 – Stock market vs. gold: The real measure of value 03:26 – The illusion of prosperity 06:18 – The Midterms 11:30 – Tariffs, manufacturing & policy risks 16:03 – Supreme Court, executive power & trade authority 21:26 – Global reaction & de-dollarization 25:11 – Where tariff revenue actually goes 27:25 – Fed politics 32:10 – Gold at $5,000: Vindication or warning? 38:30 – Peter’s updated gold target: $10K… $20K? 41:39 – Physical gold vs. mining stocks 53:31 – Platinum, palladium & commodity inflation Copyright © 2025 Cambridge House International Inc. All rights reserved.