Glenn Diesen - Greater Eurasia Podcast Peter Schiff: Economic Meltdown & Dollar Collapse
9 snips
Feb 3, 2026 
Peter Schiff, CEO of Euro Pacific Asset Management and known for predicting the housing crash and backing precious metals. He discusses runaway gold and silver prices, why foreign central banks are ditching the dollar, and how sovereign debt pressures could reshape global capital flows. Short, sharp talk about devaluation risks, political limits on cuts, and who stands to gain if the dollar loses its grip.
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Bigger Crisis Than 2008 Is Coming
- Peter Schiff argues the next crisis will surpass 2008 because problems have grown worse since then.
- He predicts a dollar and sovereign debt crisis centered on U.S. treasuries and currency value.
Gold Rising As Reserve Replacement
- Schiff says foreign central banks are moving away from the dollar and will likely increase gold reserves.
- He views gold as the primary replacement for U.S. treasuries in foreign reserves.
Public Debt, Not Mortgages, At The Core
- The coming crisis differs from 2008 because it centers on public, not private, credit and the federal government's inability to self-bailout.
- A falling dollar will boost rates and consumer prices, producing stagflation-like conditions.
