Peter Schiff has issued a warning that the U.S. dollar is approaching a critical breaking point as its reputation as a safe-haven currency diminishes. He highlighted the dollar's 14-year low against the Swiss franc as a significant indicator of this trend. Schiff attributes the dollar's weakening to potential inflation, rising interest rates, and broader economic instability. As central banks increase their gold purchases, there is a noticeable shift in asset allocation towards gold, which Schiff suggests is becoming the new safe-haven asset. He argues that the dollar is losing its support and resistance levels, further eroding its status as a reliable store of value.