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Peter Schiff explains why BRICS must reduce exposure to the US, de-dollarisation is the rise of gold

Published 19 Jul, 2026 06:53 | Updated 19 Jul, 2026 06:59
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On this episode of New Order, we speak to Peter Schiff, economist and host of The Peter Schiff Show podcast. He discusses Donald Trump’s public chastising of him for pointing out prices in the US were not falling and his belief that the Trump administration got him banned from Fox News, the reason for the recent major decline in gold prices, and why gold is likely to continue rising, the real source of US inflation and why it isn’t the rising energy costs, why de-dollarization by BRICS nations will mean the remonetization of gold, Trump’s U-turn on charging 20% tolls on ships passing through the Strait of Hormuz, his explanation for the economic rise of China, why other nations will follow Russia’s example of de-dollarization, why BRICS nations must reduce exposure to US markets, and much more.

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