Peter Schiff Says Buy Gold Near $4000 As Prices Sink From January High, Warns Of Currency Crisis Worse Than 2008 - TradingView

Peter Schiff Says Buy Gold Near $4000 As Prices Sink From January High, Warns Of Currency Crisis Worse Than 2008 - TradingView

Source: TradingView

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DW NOTE

Peter Schiff has spent two decades predicting the imminent collapse of the dollar and recommending gold at every price point. Gold is down 24.6% from its January high of $5,318 — meaning anyone who followed his advice then is sitting on a substantial loss — and he's now recommending it near $4,000 while predicting a currency crisis worse than 2008. The Strait of Hormuz is effectively closed, oil is at $116, CPI is running at 3.4%, and gold is still falling. If this isn't the crisis he's been waiting for, what would be?

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