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Goldbug Peter Schiff says the U.S. dollar is facing massive deleveraging as metals surge and crypto stalls – TON BOT

Goldbug Peter Schiff says the U.S. dollar is facing massive deleveraging as metals surge and crypto stalls

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Gold’s sharp spike to record highs is seen by Peter Schiff as evidence that U.S. stocks are in a “historic bear market” when priced in ounces rather than dollars, with central banks shifting to gold. The Dow has fallen from 17.9 to 9 ounces of gold, highlighting real losses in equities.

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