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Peter Schiff is an economist, author, financial commentator, and host of The Peter Schiff Show podcast. His accurate forecasts have made him one of the most sought-after commentators when it comes to matters of the economy.
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Peter Schiff – People Need to Wake Up: Recession, Inflation & A Dollar Collapse
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1 Comment
We are in a recession and we’re entering a depression in the United States. Money will gradually leave the overvalued equity market and flow into suppressed assets, specifically commodities such as gold, silver and uranium and digital assets (crypto currencies with utility & real use case) such as XRP, XLM, XDC etc.These are not just crypto currencies, these are payment networks, softwares and protocols. XRP will specifically be backed by a basket of commodities such as gold. The IMF, WEF and central banks know this and so does Peter. Bitcoin is trash and no money will flow into it from an institutional standpoint.