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#1156 Peter Schiff On The Fed, Interest Rates, Labor Market, Gold, & Bitcoin

The Pomp Podcast

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Gold as a Sanction Hedge?

Central banks around the world are concerned about the weaponization of the US dollar and the Swiss system. They saw what happened to Russia and what is happening to Russia now. And they don't want that to happen to them. So we have created another reason for the world to de-dollarize. America benefits dramatically from the dollar's reserve status. It's a mistake to accelerate that process.

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