Silver speculation reached a fever pitch this week following a 90-minute CME halt that hit right as prices surged passed $90. While the exchange cited technical issues, the timing – occurring just ahead of the first notice day for March Silver – has sparked intense debate over market liquidity and delivery mechanics.
Peter Schiff, CEO and Chief Global Strategist of Euro Pacific Asset Management, joins Jeremy Szafron to cut through the noise. Schiff questions whether the “technical issue” was a “coincidence” or a move meant to diffuse a deeper problem, suggesting the official explanation is “better than telling the truth”.
In this wide-ranging interview, Schiff breaks down the “math problem” facing Washington as the administration pledges to protect Social Security while proposing to replace income taxes with tariffs. He warns that failing to cut entitlements will lead to inflation that “reduces the value of those entitlements” regardless of the pledge.
Schiff also explores the “killer use case” for gold: bypassing the legacy banking system. He explains how tokenized gold and India’s massive regulatory shift – allowing 35% flexibility for equity funds to allocate into metals – are fundamentally changing price discovery and removing counterparty risk.
Recorded on February 26, 2026
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00:00 Silver Halt Shockwave
00:36 First Notice Day Basics
00:59 India Opens Metals Floodgates
01:30 ETF Flows And Options Buzz
01:57 Peter Schiff Joins In
02:27 CME Halt Market Mechanics
03:44 Why Gold And Silver Rise
05:14 Main Street Demand Signals
07:13 Smart Money And Tether
09:04 Tokenized Gold Case
11:57 Adoption And Banking Exit
14:15 Trump Entitlements And Debt
16:46 Housing Policy Contradictions
19:42 Dollar Confidence Breakdown
24:02 Gold Options And Debt Crisis
26:05 Controls And Inflation Playbook
27:25 India Pricing And East Demand
30:22 Miners And Junior Upside
33:49 Juniors Catalysts And M&A
37:01 Bitcoin Shakeout To Gold
38:20 Wrap Up
#PeterSchiff #SilverSqueeze #GoldStandard #SocialSecurity #SilverPrice #JuniorMiners #FederalReserve #Inflation #KitcoNews #MarketFriction
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27 Comments
Is the traditional banking system becoming obsolete? Peter Schiff argues that tokenized gold is now the "killer use case" for bypassing legacy banks and avoiding credit risk entirely. We want to hear from you: Would you settle your bills and store your wealth on a gold-backed digital rail to escape the current banking system?
Watch the full interview for Schiff’s analysis on the $90 silver surge and why he believes the CME halt was "better than telling the truth" about the market.
Mr bitcoin hater that’s his name always talking about bitcoin .. but he’s one of the only companies giving his gold for bitcoin.. but he’s telling every one not to do as him but to do the opposite
Hey purchase
"Bit-con" meme this
Cut SSI?… I have learned so much from Peter Schiff over the years, but claiming that we cannot afford SSI when we have trillions for war/war infrastructure/industry contracts each year?… Entitlements are miniscule in comparison to the war expenditure. We can afford these programs. By the way these "entitlements" have been paid for by hard working citizens. The very economic boost of our labor is a result of our belief that there would be these "entitlements" for us in the future.
Lol. We can’t afford those programs. Haha. So people literally gets nothing back paying, in reality 40 % tax. Ciao US hahaha
Kitco: "Regarding the systemic volatility and market dislocation caused by the tight silver liquidity market, how likely is it that President Trump will wear a white or red MAGA hat?"
It’s CRIMEX!!!!
I think XRP will be backed by Gold
As at Mar. 2026, Inflation, rents and mortgages are bringing the heat on Americans. Healthcare costs are becoming out of reach but BTC is holding key levels despite the heat. People with insight are exploring assets and procedures that stay ahead of the shrinking purchasing power but without unnecessary risks. In the face of climbing groceries and credit-card balances, long-term calculations seem to be a viable plan. The kind pros the likes of DishnerBTSquad outride the waves with and the kind of motivation many people need right now.
You should have a Peter Schiff Show as part of Kitco News
We don’t want Bitcoin to crash. Because most people have it somewhere in their mind that “Bitcoin” and “digital currency” are the same thing entirely. So if Bitcoin crashes, people will lose all trust in digital currency, including gold-backed stable coin. We want Bitcoin to do well, but for gold to do even better. At least until most of the country wants stable coin. Then we can start to find more support in everyday commerce for a gold-backed one.
Houses should not be controlled by wall street. Individuals used to be encouraged to own rental properties by the IRS because they let you cut $5k off your taxable income. Houses should be owned by individuals who care about the neighborhood. Not just profits.
The rest of the world is laughing at the stupid Americans as the other exchanges ignore the Comex prices going forward. There is no such thing as coincidence. The "technical glitch" and the lack of halting trading when it dropped too much in one day is so blatant that it can't be ignored. They remind me of the politicians who were used to saying one thing to different groups and getting away with it when the internet suddenly began to record them to show the world. The old ones kept believing they could get away with it. The world has changed. Comex changing the rules whenever they want is going to put them out of business.
What’s J.P. Morgan’s short position price ?
Schiff was right again!
The fraudster crooks at CME halts trading every week starting November 2025 and now the crooks criminals of CME have become habitual & halt keeps repeating .
Schiff’s blend of truths and harmful falsehoods is a deeper lie than anything he accuses the President of—the way he mixes it is itself a more serious form of dishonesty.
The people who have a decent amount of gold, silver and BTC just chill. Those that don’t carry on like pork chops here in the comments section. RELAX.
They trying so hard to suppress metals price 😅
Technical issue, too many physical buyers.
USA will be next Titanic in 2026 ….
No millionaire should get Social Security – they would even miss it . I live on $3000 a month and pay for Medicare out of it … duh a no brainer ! Buffett gets Social Security when he has the money to run the friggin program WTF.
Come on Schiff – give me a break- who the hell is paying you off. You know the Comex is a corrupt piece of shit – are u kidding me ?
Where the hell is Bondi – useless -all talk and show. Has done nothing.
😂Peter is sooo rich his advice is not for the common man🤷🏾♂️ Listening to him since 2009. Same message but silver gold. He doesn’t know anything about active market or how citizens need homes to fast track wealth and keep money from loosing value. He should stay in his lane.
All they have to do is get rid of tax breaks for all homes not homesteaded. A lot of homes will hit the market and h recover value.
It's really nice to see Peter's transformation lately. So much easier to listen to him being this calm and collected compared to listening to his collections of angry outbursts in most interviews in the past. Hats on to you Peter for keep on telling us the truth, but now in a more polished and refined manner, easier on our ears 😉