Part 2/14:

Schiff opens by pinpointing dollar debasement as the primary catalyst fueling the historic highs in gold and silver prices. He traces this trend back to the rampant dollarization that began years earlier, emphasizing the fallout from the Biden administration's sanctions on Russia, which served as a wake-up call worldwide. Countries and central banks recognized the vulnerabilities of relying heavily on the US dollar, spurring a push to diversify reserves away from US-controlled assets.