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Peter Schiff: Gold and silver rose today, and oil prices also increased by 5%
2026-08-11 04:05:50
According to CoinMeta, Peter Schiff stated that gold and silver have risen today, and oil prices have also increased by 5%. Metals are breaking away from the negative correlation they have recently formed with oil prices. Schiff believes that gold and oil prices should rise together, as inflation drives up the Consumer Price Index (CPI) and bond yields, while the U.S. economy is weakening despite more jobs disappearing.
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