When Peter Schiff joined Diane King Hall on April 9th to discuss tariff policy, a breaking headline crossed that Pres. Trump was pausing implementation another 90 days. Peter reacts to the news later in the interview (24:35), but his stance remains the same: He believes inflation costs from tariffs will "leave Wall Street and land on Main Street." Peter and Diane discuss the state of the U.S. economy, Federal Reserve policy and dive into his bullish gold outlook as the precious metal continues to hit all-time highs.

Note: Segment began filming on April 9, 2025 ahead of Pres. Trump's 90-day tariff pause.

0:00-1:13 Introduction and "Stealth" Recession

1:14-1:57 How Tariffs Could Lead to Worst Recession since Great Depression 1:58-5:51 Schiff on Recession Odds in 2025

5:52-7:50 U.S. Labor Market Outlook

7:51-8:49 Consumer Strength Weakening?

8:50-10:09 Schiff on Interest Rates, Fed Policy

10:10-12:47 United States Deficit and Government Spending

12:48-14:25 Why Peter Schiff is Bullish Gold

14:26-15:47 U.S. Dollar Spending Power

15:48-17:34 Positioning in Gold

17:35-19:19 Portfolio Management in Tariffs Environment

19:20-21:06 Peter Schiff's Dr. Doom vs Dr. Reality

21:07-22:00 What Schiff Would Do If He Ran the Fed

22:01-23:00 Schiff: Everything's in a Bubble

23:01-24:33 Gold versus Bitcoin

24:34-25:55 Reaction to Trump's 90-day Tariff Pause

25:56-26:52 Schiff's Selling into Tariff-related Rally

26:53-28:25 What Young Investors Should Know About Gold