Oil prices are exploding past $93 a barrel as Trump&#39;s unconditional surrender demand sends shockwaves through markets—but here&#39;s the real inflation culprit nobody&#39;s talking about, and why the Fed&#39;s rate cuts are about to make everything worse.- This episode is sponsored by Pebl. Go to https://hipebl.ai to get a free estimate.- This episode is also sponsored by NetSuite. Download Netsuite’s free business guide, Demystifying AI, at https://netsuite.com/goldPeter Schiff analyzes the massive oil price surge following Trump&#39;s Iran war, with crude jumping from $90 to over $119 per barrel before pulling back slightly as countries coordinate strategic petroleum reserve releases. Schiff argues that while rising oil prices don&#39;t directly cause inflation, the government&#39;s monetary and fiscal response to fund the war and rebuild Iran will trigger massive money printing and borrowing, creating real inflation across all goods. He criticizes Trump&#39;s economic lies, including false claims about $18 trillion in foreign investment and job creation numbers that show only 181,000 jobs created in 2025 versus 2.2 million under Biden&#39;s final year.Schiff expresses outrage over Trump&#39;s campaign against Congressman Thomas Massey in Kentucky, calling Massey &#34;the best congressman we have&#34; and the only Republican who truly stands for constitutional principles, limited government, and fiscal responsibility. He explains that Massey voted against Trump&#39;s &#34;big beautiful&#34; tax bill because it increased spending without corresponding cuts, making it a disguised tax hike rather than genuine tax relief. Schiff sees Trump&#39;s attack on Massey as proof that Trump opposes real conservative principles, preferring rubber-stamp politicians over principled representatives who honor their constitutional oath.Chapters:00:00:00 Show Cold Open00:00:55 War and Oil Shock00:09:45 Inflation and Fed Blame00:16:20 Unconditional Surrender Walkback00:21:57 Dollar Power and Gold Outlook00:29:31 Mining Stocks Selloff00:31:14 Oil Spike and Profits00:32:24 How to Buy Exposure00:33:41 CPI and Inflation Reality00:37:27 Massey Trump and MediaFollow @peterschiffX: https://twitter.com/peterschiffInstagram: https://instagram.com/peterschiffTikTok: https://tiktok.com/@peterschiffofficialFacebook: https://facebook.com/peterschiffFree Reports & Market Updates: https://www.europac.comBook Store: https://schiffradio.com/booksSign up for Peter&#39;s most valuable insights at https://schiffsovereign.comSchiff Gold News: https://www.schiffgold.com/news#PeterSchiffShow #OilPrices #GoldInvesting Our Sponsors: * Check out Quince: https://quince.com/GOLD * Check out TruDiagnostic and use my code GOLD20 for a great deal: https://www.trudiagnostic.com Privacy & Opt-Out: <a href='https://redcircle.com/privacy'>https://redcircle.com/privacy</a>

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Trump Targets Thomas Massey, Oil Explodes, Iran War Costs Revealed

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