US dollar will continue to lose against ‘real money, which is gold’ – Peter Schiff

The price of gold

The price of gold is set to beat all forecasts while the dollar’s value will fall further, as the Fed continues its money-printing policies, CEO of Euro Pacific Capital Peter Schiff has told RT’s Boom Bust.

Gold-backed ETFs have seen record inflows, boosting bullion price by 17 percent in the first half of this year, the World Gold Council said in one of its recent reports. This came as global responses to the coronavirus pandemic have triggered rate cuts and massive liquidity injections by central banks and governments. 

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