“WORSE Than 2008 Financial Crisis…” – Peter Schiff
Peter D. Schiff is an economist, stock broker, financial specialist, host of the Peter Schiff Show Podcast, and author. He is the CEO and chief global strategist of Euro Pacific Capital Inc. Mr. Schiff has also written a number of books on investing over the years. He educates people all over the world about free market economics and the principles and benefits of individual liberty, limited government and sound money.
Peter Schiff lays out the endgame scenario for reserve currency status of the U.S. dollar, along with the reasons why a return to a gold standard is inevitable.
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15 Comments
God sovereignty free will serves divine central authority unity, human choice serves political government
You cannot transfer money for gold at banks like you use to.
1929
In effect, if not in form, Canada went off the gold standard in 1929. However, the export of gold was not officially banned until 31 October 1931 by an Order-in-Council.
also
1971
The U.S. abandoned the gold standard in 1971 to curb inflation and prevent foreign nations from overburdening the system by redeeming their dollars for gold.
In Today's Reality:
Our “money” is not worth the paper it’s printed on.
Conclusion:
The ones in power seems to have been planning digital ID and a cashless society for some time now.
Be Warned
Elites want their great reset, that's why they destroy the economy…
They own everything they can do what they want..
God help us, we're going towards controlled chaos.
It's Time for Gold and Miner's.
They're doing it to the silver too
The best way to describe the present economy is 08' 2.0. Yes, stocks are at discount and things will eventually get better, but as of now, my monthly living expense is up $3750 from $1600 and I'm left wondering what retirement may have in store for me.
BRICS Nations have studied your nefariously warped economic approach for 100-years and BRICS is emphatically more benevolent… You lose so-called “Economic Experts”. As incompetent as American “Financial Experts” claim those who run the economy are, one would think they’d welcome BRICS as the second coming. Hey “Financial Experts” since the inevitable is upon us (i.e., BRICS). How can a Sovereign Individual in the US join BRICS? Or are you “Financial Experts” simply waiting on the incompetent leaders in the US to push the button? BRICS and De-Dollarization means: Bill Gates, Peter Schiff, Tom Bilyeu, Warren Buffet, Elon Musk, Kamala Harris, Donald Trump, all US Congressional Representatives, all US Senators and Jeff Bazos will be forced to report to Skid-Row like everyone else. BRICS, THE GREAT EQUALIZER!!!
Peter will be right, someday. But he has been wrong for the 16 years that I have been following his every word. I believed him. No more. Debt and gold are not correlated. Move on.
When your playing with Monopoly Funny Money,you van start all over without China & Russia💰🤔
Don’t worry be happy
Can president fire fedcrocked chair
What was the debt 1972?
and 2024 35 trillion + 😂😂😂😂😂
Peter let's count the inflation from
1971 its +-104%😂😂😂😂😂😂😂
We're doomed again.
I'm shook