There has been a lot of talk lately about de-dollarization. As just one example, the BRICS nations recently announced they are developing a new currency. Peter Schiff recently appeared on Commodity Culture with Jessie Day to talk about the trajectory of the dollar. He said that the death blow for the dollar is coming. And when it does, people will run to gold.
There has been plenty of speculation about de-dollarization recently, but is it a real threat, or is all of the talk just hyperbole?
Peter said, “None of it is hyperbole, and all of it will come to pass.”
The only thing that’s surprising about the dollar’s reserve status is that it still has it. Despite everything we’ve done, we still have it.”
Peter said he thinks the current financial crisis that is just starting will ultimately deliver the death blow to that status.
People are still reluctant to call it a financial crisis, but that’s exactly what it is, except it’s bigger in scale and it’s going to be far more impactful than the 2008 crisis. It’s probably going to result in even more aggressive and reckless monetary and fiscal policy. And this time, it’s going to take the dollar’s reserve status down with it.”
Peter said that will send Americans’ standard of living much lower. Jessie asked Peter if he thought there is a risk of hyperinflation in the US. Peter said there is always that risk in any country that issues a fiat currency, and that risk is higher now than it’s ever been. But even if the US avoids hyperinflation such as people experienced in Zimbabwe, Peter said he thinks Americans will face very high rates of inflation for many years to come.
I mean elevated double-digit inflation and where the first digit might not be a one.”
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Jessie also asked about the banking sector. Peter said that the entire sector is insolvent, and that includes the “too big to fail” banks.
Those banks would fail if the government stepped out of the way.”
Peter also pointed out that the claim that “deregulation” caused these problems is a myth.
It was excessive regulation. That is the reason that the banks got into this predicament in the first place. And of course, without the Fed holding interest rates so low for so long, they wouldn’t have even been able to have loaded up their balance sheet with all this debt.”
So, what does all this mean for gold?
There’s no question that just like there’s going to be a run on the banks, meaning people are trying to get their money out of the banks, they’re going to be running to put it into gold. No money is safe now, in the bank. Because, either your bank is going to fail and you will lose your money, or your bank won’t fail because your government bails it out and your money will lose its purchasing power. So, either way, you should withdraw your money now. But don’t stick it under your mattress because it’s going to lose purchasing power there too. You’ve got to convert it to real money. You’ve got to turn it into gold.”
Peter goes on to explain why he thinks there will be an eventual return to a gold standard.
Reprinted with permission from SchiffGold.com.
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Starting the Day With a Scripture-Inspired Roast Helps Center Your Thoughts on Eternal Truths Amid Temporal Pressures
The world can seem chaotic, especially right after we wake up. Many believers start their mornings reaching for something familiar — a hot cup of coffee — yet end up settling for mediocre brews that do little more than deliver a caffeine jolt. The daily grind of life, with its endless distractions, news cycles, and responsibilities, can leave even the most faithful feeling spiritually parched alongside their physical fatigue. What if your morning ritual could do more than wake you up? What if it could ground you in truth, nourish your body with exceptional quality, and quietly advance a kingdom purpose at the same time?
That’s the promise — and the reality — behind Promised Grounds Coffee. This Christian-founded company doesn’t just roast beans; it approaches every step as an act of worship and discipleship. By selecting only the top 10% of specialty-grade beans, ethically sourced from dedicated farmers in Central and South America, and small-batch roasting them with reverence in Austin, Texas, Promised Grounds delivers what many describe as the best coffee available — never burnt, never bland, but rich with origin stories and layered flavors that honor God’s creation.
From the vibrant Psalm 27 Roast (a light, bright medium option) to the bold yet peaceful 2 Timothy 1:7 Decaf, each bag carries a Scripture verse that turns your daily pour into a gentle reminder of faith. And through their Ounce Per Ounce Promise, every ounce of coffee you enjoy provides an equal ounce of clean water to families in need via partnership with Filter of Hope — literally brewing hope for body and soul, one cup at a time.
The challenge for today’s Christians runs deeper than finding a decent cup. In an age of convenience-driven consumerism, it’s easy to support companies that dilute values or remain silent on matters of faith. Many believers want their everyday choices — from what they drink to how they spend — to reflect discipleship rather than just convenience. Promised Grounds solves this by weaving Christian excellence into the entire process: beans nurtured with prayerful stewardship by farming families, roasted as an offering rather than a commodity, and packaged with Bible verses to encourage a mindset of gratitude and purpose from the first sip. Reviewers consistently praise the smooth, rich profiles — whether enjoyed black in a drip maker, iced on a warm day, or shared in fellowship — noting how the quality stands toe-to-toe with premium secular brands while delivering something far more meaningful.
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As you consider how to align even the smallest habits with your walk with God, Promised Grounds Coffee stands out as a refreshing solution. It tackles the dual problems of subpar daily sustenance and disconnected consumption by offering a product that genuinely excels in taste while advancing a mission of clean water, farmer dignity, and scriptural encouragement. Believers who make the switch often describe it as more than a beverage upgrade — it becomes part of their rhythm of gratitude, a daily invitation to remember that every good gift comes from above.
If you’re ready to transform your mornings (and perhaps your church gatherings) with coffee that honors both exceptional craftsmanship and Christian values, I encourage you to explore what Promised Grounds has to offer. One sip at a time, you’ll be nourishing your body, refreshing your spirit, and participating in something far greater — all while enjoying what truly is among the best coffee available.
