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“I think [the dollar is] going to be knocked off its pedestal,” Schiff said on the podcast. “I think it’s going to lose its status as the reserve currency.”
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.
Gold-bug Peter Schiff has admitted he could have made a lot more money over the last decade if he had focused his investing on high-performing stocks instead of gold.
A YouTube fan video, "Peter Schiff was right," became popular in late 2008 and 2009. It contained a compilation of his appearances on various financial TV news programs between 2005 and 2007. Depending on the point at which they adopted his strategies, followers of Schiff may have had strong, average or poor returns.
The 2021 Florida State Seminoles football team represented Florida State University during the 2021 NCAA Division I FBS football season. The Seminoles played their home games at Doak Campbell Stadium in Tallahassee, Florida, and competed as members of the Atlantic Coast Conference. They were led by head coach Mike Norvell, in his second season.
The 2020 Florida State Seminoles football team represented Florida State University during the 2020 NCAA Division I FBS football season. The Seminoles played their home games at Doak Campbell Stadium in Tallahassee, Florida, and competed as members of the Atlantic Coast Conference. They were led by head coach Mike Norvell, in his first season.
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 ...
Now, my gold stocks did very well from 2000 to 2010-11, but over the last 10 years, I have bigger winners in the other half of my portfolio than I do in the gold stocks.”