World Returning to the Gold Standard as US Dollar is About to Collapse

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As the world grapples with Covid-19, precious metals’ prices are pushing higher. Massive moves in gold and silver are coming, according to veteran stockbroker Peter Schiff.

He says silver may hit $50 per ounce. The rally will be short-lived, however, with Schiff describing the metal as “the new bitcoin.”

The rise in gold and silver price is “about to explode” and this is just the beginning of a much bigger move, according to Schiff.

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“We’re barely getting started,” the CEO of Euro Pacific said in his podcast. He explained that is also coinciding with what’s happening to the US dollar, because gold is the greenback’s “principle competitor” when it comes to reserve assets.

www.rt.com/business/495482-gold-standard-return-dollar-collapse/

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