by Peter Schiff, Schiff Gold:

In the wake of President Trump’s recent tariff policies, the American financial landscape has been thrown into turmoil. Investors and consumers alike are feeling the pinch as the stock market reels and recession fears loom. However, amidst this economic uncertainty, one asset class has emerged as a beacon of stability: precious metals, particularly gold.

Last week, American investors fell victim to a significant drop in the stock market. The Dow Jones, a traditionally highly secure investment, fell by nearly 7% in the past month. Tesla was a part of this trend, dropping a dramatic 31% in the past month. Likewise, NVIDIA and Delta shares have fallen 17% and 30% respectively. This drop, which some predict is the beginning of a recession, has occurred directly after Trump’s tariffs have gone into effect.