Watch on YouTubePeter Schiff: Peter Schiff: "Do Not Wait" - Silver to Hit $100 in 2026 & Gold to $5,000
Kitco NEWS · 17 Dec 2025 · Full interview
- Schiff expects silver to reach $100 in 2026 and says gold should reach at least $5,000, with gold potentially reaching $6,000 if silver reaches $100.
- He says Federal Reserve debt purchases amount to money creation and expects the program to expand, possibly into longer-dated Treasuries, during the first half of 2026.
- Large US deficits, renewed quantitative easing and rate cuts should push inflation higher, with effects becoming especially visible by the second half of 2026.
- He believes silver’s breakout above $50 removed major resistance, while private buying and limited available supply are helping drive the rally.
- Schiff says gold has paused near $4,200-$4,300 and may be preparing for a catch-up move; he continues to favor mining stocks over physical metals.
- He expects smaller mining companies to attract acquisitions or equity funding as producers generate large cash flows and seek to replenish reserves.
- He sees potential for a failed Treasury auction or another unexpected event to trigger a crisis, though he does not know which catalyst will come first.
- He expects the dollar to face serious pressure before authorities consider capital controls, saying a dollar index below 70 would be more concerning than 90.
- Schiff says retail investors may return to gold and silver after Bitcoin’s weaker performance, while warning that Bitcoin could eventually suffer a major crash.
Silver $100 between 1 Jan 2026 and 31 Dec 2026Open
“I think $100 is a very realistic target for silver in 2026.” at 7:36
Gold $5,000 between 1 Jan 2026 and 31 Dec 2026Reached
“And I think gold will at least go to 5,000.” at 7:57