China Wants to Back Its Currency With Gold, While the Dollar is Backed by Nothing. That’s Checkmate. Game Over. – Chief Economist and Global Strategist Peter Schiff
By Rick Sanchez
“China wants to back its currency with gold while the dollar is backed by nothing. That’s checkmate. Game over.” – Chief Economist and Global Strategist Peter Schiff.
Weaponizing the dollar, arm-twisting sanctions, and theft of assets have sent nations worldwide racing to ditch the dollar.
Is China ready to dethrone the US as the world’s top reserve currency? Peter Schiff is convinced it can.
Tune in to find out how and more, only on the Sanchez Effect.
“China wants to back its currency with gold while the dollar is backed by nothing. That’s checkmate. Game over.” – Chief Economist and Global Strategist Peter Schiff.
Weaponizing the dollar, arm-twisting sanctions, and theft of assets have sent nations worldwide racing to ditch… pic.twitter.com/ikZE9AueaB
— Rick Sanchez (@RickSanchezTV) February 2, 2026
Original source: https://x.com/RickSanchezTV/status/2018385217447137283