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Peter Schiff Slams Nixon's 1971 Gold Standard Exit As US Debt Soars $9 Trillion While Bullion Jumps 85%, Both 'Poised To Spiral Higher'

Market Impact

Mohd Haider

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August 16, 2025

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Benzinga

Bitcoin (CRYPTO: BTC) critic and economist Peter Schiff issued warnings on Friday about America’s mounting debt crisis, linking current fiscal challenges to the 1971 decision that ended the gold standard.

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