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Gold Needs To Go 'Much Higher' Than $4,000 to Rebuild the System: Peter Schiff
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Chief Economist at Euro Pacific Asset Management Peter Schiff thinks the days of U.S. dollar dominance are slowly but surely coming to a close, and gold will make a comeback as real money, as history comes full circle. Peter also discusses the debt crisis in America, the implications of dedollarization, and his potential run for the presidency.
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00:00 Introduction
00:49 Debt Ceiling Conflict
06:14 Solving the US Debt Crisis
11:26 Threat to Pensions
13:37 US Dollar as Reserve Currency
16:26 Trend of Dedollarization
18:21 Implications of Dedollarization
23:19 Long-Term Outlook on America
25:06 Centralization of Economies
28:01 Will Peter Run For President?
31:35 Peter's Portfolio
#gold #usdollar #economy
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