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“I think what’s going to happen is the world’s going to reject the dollar like we rejected gold [in 1971] — and it’s going to go back on the gold standard,” Schiff predicted.
Investor shares his take on the de-dollarization narrative. 'Down for the count': Peter Schiff urges Americans to get ready for a 'major dollar decline' — predicts end of the greenback as global ...
Schiff is predicting a phenomenon known as “de-dollarization” — when countries shift away from the greenback as a reserve currency, medium of exchange or unit of account.
Peter David Schiff (/ ʃ ɪ f /; born March 23, 1963; nicknamed "Dr. Doom") is an American stockbroker, financial commentator, and radio personality. He co-founded Echelon Wealth Partners in Canada (formerly Euro Pacific Canada). [5]
Schiff in 1980. Irwin Allen Schiff (/ ʃ ɪ f /; February 23, 1928 – October 16, 2015) was an American libertarian and tax resistance advocate known for writing and promoting literature in which he argued that the way in which the income tax in the United States is enforced upon individuals as a tax on one's time or wages, is illegal and unconstitutional.
Midnight in Washington: How We Almost Lost Our Democracy and Still Could is a memoir written by Congressman Adam Schiff and published in 2021 by Random House. The book mainly recounts the effects of the Trump presidency. The book debuted at number one on The New York Times nonfiction best-seller list for the week ending October 16, 2021.
In America, headline inflation has subsided. In February 2024, the U.S. consumer price index saw an annual increase of 3.2%, down from its peak 9.1% increase registered in June 2022.
Last year, Schiff renewed his call for investors to consider gold, suggesting that the metal was underpriced. “I think it has to be repriced higher to reflect the reality of much higher inflation.