Peter Schiff Warns of 'Cat-5 Financial Hurricane' for U.S. Dollar

2025-10-15 11:45

Economist Peter Schiff has issued a stark warning about an impending 'Cat-5 financial hurricane' threatening the U.S. dollar and Treasury market. On October 13, Schiff highlighted growing investor concerns over monetary instability, suggesting that gold and silver are nearing breakout levels. He predicted that gold could surpass $4,150 and silver could exceed $53, driven by a potential 'silver short squeeze' and diminishing global confidence in U.S. sovereign debt.

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