America Can’t Afford This
VRIC Media May 16, 2026
Summary
Peter Schiff warns that persistent inflation could force interest rates materially higher, creating significant headwinds for equity valuations.
Long-term bond yields approaching multi-decade highs signal potential systemic stress for heavily indebted sectors, including mining.
Rising rates combined with massive U.S. debt loads could trigger broad market pressure, increasing the appeal of hard assets like gold.