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Gold vs. Dollar: Why Gold Price Skyrockets

Gold didn’t skyrocket – your dollars just aren’t worth what they used to be. Find out what really happened after the U.S. abandoned the gold standard and why $20,000 gold is more about fiat failure than precious metal gains.

Peter Schiff, Chief Market Strategist at Euro Pacific Asset Management, joins Jeremy Szafron, Anchor at Kitco News, to break down the perfect storm hitting the U.S. economy.

Link to the full interview: https://www.youtube.com/watch?v=cIQG01DRxHk

#gold #economy #fiat #dollar
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Disclaimer:
The videos are not intended to provide trading advice, and the views expressed do not necessarily reflect those of Kitco Metals Inc. Kitco News, its anchors, producers, and reporters are not responsible in any way for the performance or actions of any sponsor, advertiser or affiliate of Kitco News. In no event will Kitco and its employees be held liable for any indirect, special, incidental, or consequential damages arising out of the use of the content in this video.

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