CandleFocus Peter Schiff Predicts Gold Could Soar to $100,000 as US Dollar Weakens
2024-10-08
Author: Content Editor
Economist and gold advocate Peter Schiff predicts a sharp rise in gold prices as the U.S. dollar weakens. He warns of potential inflation, worsened by war, and believes that gold could potentially reach $26,000 or even $100,000 an ounce. Schiff criticizes U.S. foreign policy for driving up the national debt and argues that China's economy is resilient despite media reports suggesting otherwise. He remains optimistic about gold's future and believes that it will continue to rise in price over the coming decades.
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