Gold investor Peter Schiff admitted missing out on potential gains by not investing in high-performing U.S. stocks like Apple and Tesla over the last decade. Despite caution against excessive equities, he acknowledged the wealth explosion in U.S. stock investors and shared advice on portfolio diversification.

The total net worth of the wealthiest 1% in the U.S. reached $51.9 trillion in Q2 2025, as per Federal Reserve data. Peter Schiff, with a net worth exceeding $80 million, remained focused on gold, limiting potential growth compared to those heavily invested in the “Magnificent Seven” stocks.

Schiff hinted at missed opportunities by not investing more in high-performing stocks, which outperformed the S&P 500 in the past decade. He discussed the artificial wealth in the top 1% due to inflated asset prices from the Fed’s monetary policies.

Schiff predicted a shift away from the U.S. dollar as a reserve currency, emphasizing the breakout of gold and the benefits of investing in a Gold IRA. Options like Priority Gold offer physical delivery of precious metals and free rollovers for gold IRAs.

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Read more at Valuetainment/YouTube: Peter Schiff once said he’d ‘be a lot richer’ if he invested all his money in the ‘Magnificent 7’ a decade ago.