#GoldBreaks$5,500 🥵 Peter Schiff: The US is on the brink of a financial crisis larger than 2008.
Key points of the interview:
• Gold hit a new all-time high due to a combination of factors: problems in the US economy, a weak dollar, rising government debt, and geopolitical risks.
• The main problem for the US is not a possible government shutdown, but the very functioning of the state with uncontrollable spending and deficits.
• The dollar is at multi-year lows and is weakening against all major currencies. This is a vote of no confidence in the US economy and financial policy.
• Consumer co