Peter Schiff Says 'Buy The Dip' in Gold And Silver Amid Iran War Selloff— 'Take Advantage Of Their...'
Peter Schiff says the market is mispricing the impact of escalating Iran tensions and rising macro risks, urging investors to "buy the dip" in precious metals. Despite geopolitical risk that normally supports bullion, spot gold and silver have fallen sharply amid a surge in oil, rising bond yields and a stronger U.S. dollar. The article highlights short-term headwinds — 30‑year U.S. Treasury yields topping 5% and the ICE Dollar Index rising to 98.48 — that have pressured non‑yielding metals, but presents Schiff’s view that these conditions are ultimately bullish for gold and silver and create a buying opportunity for long-term investors.