Currency Crisis Could End the Dollar, Send Gold to $10K in 4 Years – Peter Schiff

Michelle Makori, Lead Anchor at Kitco News, interviews Peter Schiff, Chairman of SchiffGold and founder of Europe Pacific Asset Management, about the looming currency crisis and the potential downfall of the U.S. dollar as the global reserve currency. Schiff warns that the Fed's policies could hasten this demise and lead to soaring gold prices, possibly reaching $10,000 an ounce. He discusses how the upcoming U.S. election could accelerate de-dollarization and explores the prospects of a return to the gold standard, while analyzing inflation, the labor market, and future Fed actions.

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#Fed #election #economy #dollar

00:00 Coming Up
01:32 Introduction: The Fed, Dollar & Inflation
02:09 Economic Data Revisions
04:40 U.S. Labor Market
07:36 Fed's Monetary Policy & Gold
10:11 Implications of Rate Cuts
14:06 U.S. Election & Economy
18:50 Government Spending
23:30 Future of the U.S. Dollar
44:30 Election Outcomes & Economic Consequences
47:15 Gold as Reserve Currency, Return to the Gold Standard
59:17 Global Economic Shifts, BRICS Plus
01:10:36 Investment Strategies & Gold Price Predictions
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