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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. The gold ...
“Gold has already broken out,” he told Bet-David, alluding to the fact that central banks bought gold at “breakneck pace” in 2023, per the World Gold Council (WGC), with annual net ...
Schiff’s grim forecast for the U.S. dollar leads him to favor an alternative as a store of value: gold. “Gold rose today to close above $2,500 for the 2nd consecutive week," he noted in ...
Schiff's warnings of a coming economic collapse earned him the moniker "Dr. Doom", [15] [41] [42] [43] A YouTube fan video, "Peter Schiff was right," became popular in late 2008 and 2009. [ 44 ] [ 45 ] It contained a compilation of his appearances on various financial TV news programs between 2005 and 2007.
[3] [4] Peter Schiff and trend forecaster Gerald Celente were singled out by ABC News as purveyors of pessimism porn. Celente has predicted that in 2012 the United States will see food riots, shantytowns in Central Park and "economic martial law", and that the only protections from the chaos to come are "the three g's—gold, guns and a get ...
Schiff, who said in June 2023 that his “net worth is a lot more than $80 million,” would fit within the Fed’s top 1% definition for Q4 2023 — but unlike some of his wealthy peers, the ...
Peter David Schiff (pronounced /ˈʃɪf/; born March 23, 1963) an American author, businessman, economist, financial commentator, video blogger, and a 2010 candidate for the United States Senate. Schiff is a periodic guest on financial news television and is a host and guest on internet radio.--.
“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. The gold ...