Why should investors buy gold and gold mining stocks now instead of waiting for pullbacks?

Peter Schiff advises investors not to wait for pullbacks in gold prices, emphasizing that pullbacks will likely be quick and shallow. He notes that gold has reached new highs ($2,204 per ounce) and predicts gold mining stocks could explode higher by 10-20% in a single day as the market recognizes the Fed's inevitable rate cuts. Schiff argues that rate cuts are coming not because inflation is defeated, but because the country is broke and facing potential financial and banking crises. This environment creates a strong bullish case for precious metals as inflation will continue. His key message is clear: the sooner investors buy gold and silver, the cheaper it will be, as these assets have a long upward trajectory ahead.