Investor warns ‘Gold price will explode & dollar get wiped out’

The following excerpt is from an article that originally appeared on End Time Headlines

Investor warns ‘Gold price will explode & dollar get wiped out’

Peter Schiff was among the few economists who correctly predicted the financial crisis in 2008. Ten years later, he sees another crisis emerging: a crisis that can crash the stock market and wipe out the US dollar.  “I predicted a lot more than just the stock market going down back then. I predicted the financial crisis, but more importantly, I predicted what the government would do as a result of the financial crisis and what the consequences of that would be because that’s where we’re headed. The real crash I wrote

about in my most recent book is still coming,”Schiff said in an article posted by Greg Hunter’s USAWatchdog.com and quoted by ZeroHedge.   According to Schiff, the US Fed has inflated a gigantic bubble, which is impossible to pop, but when it bursts, the consequences would be very painful for the economy and much bigger than the 2008 meltdown. “I think this bubble is too big to pop. I think it’s the mother of all bubbles, and when it bursts, there is not a bigger one that the Fed is going to be able to inflate to mask these problems, meaning we can’t kick the can down the road anymore. This time, the crisis is going to hit everyone in the wallet,” he said. READ MORE

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