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Peter Schiff, Chief Economist & Global Strategist at Euro Pacific Asset Management, argues that gold's rally to $4,000 signals a coming dollar crisis as central banks worldwide abandon US treasuries for gold reserves.
Watch Peter's last interview with David from BTC Vegas 2025: • Peter Schiff: This Is 'Peak Of The Mania',...
*This video was recorded on October 23, 2025.
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0:00 - Intro.
1:02 - Gold’s rally
5:11 - Central bank buying and retail absence
11:36 - Dumping treasuries for gold and the abandonment of the dollar
16:02 - Trump’s fiscal policy and “Big Beautiful Bill”
19:25 - Gold signals inflation, not growth
22:21 - The Fed
25:06 - Trump’s Socialist turn?
32:08 - Crypto industry and govt backing
34:19 - Stablecoins and tokenized gold
43:36 - Regional banks and canary in the coal mine
#investing #bitcoin #gold