'Dollar's Going to Be Replaced by Gold': American Stockbroker
13:06 29.01.2026 (Updated: 13:24 29.01.2026)
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'Dollar's Going to Be Replaced by Gold': American Stockbroker
The US is heading toward an economic crisis that will make the 2008 financial crisis seem “a Sunday school picnic,” Peter Schiff said on an American TV channel.
"Central banks are buying gold to back up their currencies. They're getting rid of dollars," he noted.
However, he added that this time it is “not a global financial crisis” and will not spread to the rest of the world.
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