Schiff: The Dollar Crash Will Take Down Entire US “House Of Cards”

By August 3, 2020Bitcoin Business
Click here to view original web page at www.zerohedge.com

Authored by Mac Slavo via SHTFplan.com,

Peter Schiff says the new historic and record-breaking fall in gross domestic product numbers coupled with unemployment and the Federal Reserve’s excessive money creation will cause a dollar collapse. Once that happens, the entire house of cards that is the United States will fall.

Schiff says we should be prepared for the fall of the U.S. by the end of this year. According to a report by RT, Schiff, the ignorance of Americans is still present. People are not waking up, unfortunately. That ignorance is likely to remain the case until the fall becomes a crash, which I don’t think will begin until the Dollar Index breaks 80,” wrote Schiff in a Tweet. ” At its current rate of decline that level could be breached before year-end, perhaps by election day.”

No one seems worried about the falling dollar. That's likely to remain the case until the fall becomes a crash, which I don't think will begin until the Dollar Index breaks 80. At its current rate of decline that level could be breached before year end, perhaps by election day.

— Peter Schiff (@PeterSchiff) July 31, 2020

Remember, election time could be a gigantic planned disaster too, and Americans look like they’ll fall for that too.

While the dollar continues to fall, gold, silver, and cryptocurrencies are all going up. This is a signal that people are leaving centralized systems for those that are decentralized and not controlled by the ruling class or elitists who think of us as their slaves. According to Schiff, gold will supplant the dollar because the euro and other currencies are not ready to take its place. They are also centralized and in the control of the same people who control the creation of U.S. dollars.

“No other currency will take the dollar’s place, real money will take its place, particularly gold, because gold was there before the dollar,” he said, noting that the greenback “did a lousy job, and now gold is taking its spot back.”

Schiff added:

“The entire house of cards economy that has been erected over the years, and the Federal Reserve has been the architect of this house of cards economy, is rested on the foundation of the dollar’s reserve currency status. If the dollar loses that status then the foundation crumbles and the whole house of cards topples.

Robert Kiyosaki’s “magic three” are gold, silver, and Bitcoin. If you have any desire to protect your wealth, hard and decentralized assets are the place to be.

The dollar WILL crash. That’s the goal. There will be a new digital dollar and it will be centralized and controlled by the Federal Reserve banking cartel. It will likely all be tied together with your mandatory vaccine too. The beast system will be rolled out and it may be sooner than we expect.

Peter Schiff says the new historic and record-breaking fall in gross domestic product numbers coupled with unemployment and the Federal Reserve’s excessive money […]

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