Peter Schiff says rising yields are 'the most bullish thing' for gold, warns Washington could pay 50 cents on the dollar - Kitco
Peter Schiff says rising yields are 'the most bullish thing' for gold, warns Washington could pay 50 cents on the dollar - Kitco
Source: Kitco
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DW NOTE
Schiff has spent two decades predicting bond collapse and got the direction right once yields finally broke out in 2026. Now he's claiming rising yields are bullish for gold — while gold has fallen 22% from its January high as those same yields climbed. The 10-year is at 5.27%, core CPI is 2.45%, and real yields are positive again. That's not a gold rally setup, that's the mirror image of one.