Peter Schiff: The world is now leaving America behind. The dollar will fall. Gold will replace the dollar. Central banks buy gold to back their currencies. They are getting rid of their dollars. They also sell US Treasury bonds. We are again heading towards an economic crisis; A crisis that will make the financial crisis of 2008 a carefree ride.

Peter Schiff: The world is now leaving America behind. The dollar will fall. Gold will replace the dollar. Central banks buy gold to back their currencies. They are getting rid of their dollars. They also sell US Treasury bonds. We are again heading towards an economic crisis; A crisis that will make the financial crisis of 2008 a carefree ride.