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Peter Schiff examines gold's historic surge past $4,000, critiques the dollar's decline, and warns of looming economic crises and fiscal irresponsibility. This episode is sponsored by NetSuite. Download the free “CFO’s Guide to AI and Machine Learning” at https://netsuite.com/gold In this episode of The Peter Schiff Show, host Peter Schiff delves into the alarming rise of gold prices, which recently surpassed $4,000, signaling a potential dollar crisis. He explores the historical context of gold's surge, drawing parallels to the economic turmoil of the 1970s when the United States abandoned the gold standard. Schiff emphasizes the implications of central banks diversifying away from the dollar and warns of the impending economic collapse as the U.S. grapples with unsustainable fiscal policies. With personal anecdotes and keen insights, Schiff articulates the urgency for investors to reconsider their strategies in light of these developments, positioning gold as a crucial safe haven amid rising inflation and currency devaluation. Tune in for a thought-provoking discussion on the future of the global economy and the significance of gold in these turbulent times. Chapters: 00:00 Introduction and Opening Remarks 00:56 Gold's Historic Surge 04:57 The 1970s Gold Standard and Its Impact 10:06 The Dollar's Decline and Global Implications 17:24 Personal Anecdote and Upcoming Events 18:43 The Shift from Dollar to Gold Standard 20:15 Central Banks and Fiscal Policies 26:39 The Loomin...