King Dollar Will Soon Be Dethroned - Ep 885
The Peter Schiff Show Podcast
00:00
The Dollar Index Bounced Off of 80 and Then 70 Area
The dollar started to fall in 1971 ever since we went off the gold standard. Now you need $2,000 to buy an ounce of gold. The Swiss were foolish enough to try to prevent their currency from gaining. How are foreign countries going to react to the next time this happens? We can have a very quick move down through 80 to 70 on the dollar index.
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