Massive U.S. dollar dump? BRICS to launch new currency causing tsunami of inflation - Andy Schectman
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- Опубліковано 27 лип 2024
- Andy Schectman, President and Owner of Miles Franklin, discusses his thesis that the world is poised for a monetary reset which would result in the BRICS having their own reserve currency, likely backed by gold, and how this goes hand-in-hand with de-dollarization trends that are currently unfolding. He tells Michelle Makori, Editor-in-Chief and Lead Anchor at Kitco News, how a 'tsunami of inflation' would ensue as dollars are repatriated to the United States, which would cause a corresponding 'crash' in asset prices as interest rates rise accordingly.
Follow Michelle Makori on Twitter: @MichelleMakori ( / michellemakori )
Follow Kitco News on Twitter: @KitcoNewsNOW ( / kitconewsnow )
Follow Andy Schectman on Twitter: @MilesFranklinCo ( / milesfranklinco )
0:00 - Central bank gold
6:00 - China's Belt and Road Initiative
7:11 - Saudi Arabia and the Petrodollar
9:22 - Weaponization of the dollar
10:43 - BRICS strength
13:34 - Bifurcation of monetary system
18:02 - Kinetic war?
20:48 - Russia and Ukraine
23:01 - U.S. military might
24:35 - De-dollarization
31:15 - Timeline for reset
32:05 - Own nothing, be happy?
36:50 - Insiders buying precious metals
38:33 - Central bank digital currencies
40:16 - Gold
43:20 - Bitcoin
43:51 - Canada's gold reserves
44:55 - Mastermind behind the Reset?
46:17 - Anything that can derail this?
49:02 - Investment implications
#gold #money #dollar
__________________________________________________________________
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BRICS wants to build a new currency. It is also worth noting that gold has historically been used as a store of value and a means of exchange, and some countries still hold significant amounts of gold in their reserves. However, it is unclear how a new currency backed by gold would function in the current global financial system and whether it would gain widespread acceptance. Ultimately, any decision to create a new currency would be subiect to numerous economic, political, and logistical considerations.
It's interesting to learn more about the discussions and proposals around BRICS nations and their potential use of gold. There are several reasons why people may choose to buy gold, including its historical use as a store of value and means of exchange, its potential as a hedge against inflation or currency devaluation, and its relative scarcity compared to other commodities. Additionally, gold can offer diversification benefits to investment portfolios, as it tends to have a low correlation with other asset classes like stocks and bonds. However, it's important to note that investing in gold carries risks and may not be suitable for evervone. and investors should carefully consider their investment objectives, risk tolerance, and financial situation before making any decisions.
@@yolanderiche7476 Investing in gold is a reliable choice, and I plan to keep buying more to make up for my losses. While silver is also a good investment, my collectibles are not as similar. It's important to have clear investment goals and educate yourself on the type of investment that interests you. I work with a financial consultant regulated by the SEC, and started small, but eventually accumulated almost $1 million.
@@belobelonce35 Your experience sounds fascinating. Would you be able to recommend a reliable advisor whom you have consulted with?
it is not that big a deal .......you have a stash of gold you get brics currency credits .......you put the credits into an international trade account and you trade ...adding and subtracting from the account as you buy and sell .......keeping trade balanced keeps you solvent .....start trading two dimes for a nickel you wont last long
Oh it's gon work the fact they using real resources to trade and bitcoin gon keep them from cheating
You won't hear this kind of analysis from mainstream. Thank you.
Sheeplins 🐑 🐏 🐑
🤣 🤣
@@deesus1085 Possibly. But he's right that the US is indebted beyond what's it is able to pay, and countries are looking for alternatives.
@@davenetdog you want informative ??? Listen to channel FSS Full Spectrum Survival. Brad reports. Truth. It isn’t pretty….
Mainstream medias or channels have turned themselves into liar/cheaters channels n if anything they are for entertainments purposes by their clown controllers🥳🤡👹👀🧐🔎🙄💸🤑💰🤔
Thats because it's wrong. Will not work.
A perfect storm is brewing in the United States. Inflation, bank collapse, severe drought in the agricultural belt, recession, food shortages, diesel fuel and heating oil shortages, baby formula shortages, available automobile shortages and prices, the price of living place.
Government policy has thrown the future under the bus for decades. The day of judgment is near. I predict an 80% drop in the stock market. Investors will abandon stocks in favor of real estate. There will be no money in banks... You must devise a strategy for survival
@@ardeand These are the conditions in which life-changing money is made by those who remain calm, patient, and take controlled risks. Volatility goes both ways. The bigger the red candles, the bigger the green ones
@@vivianecardoso0 It's a good time to buy and basically I've just got cash sitting duck in the bank and I'd really love to put it to good use seeing how inflation is at an all time-high, who is this coach that guides you, mind I look them up
credits to ISABEL LINDA DUERI, one of the best portfolio manager;s out there. she;s well known, you should look her up
@@vivianecardoso0 There are lots of them but almost everyone works with ISABEL LINDA DUERI this days, she's getting more recognized by day, she strategies has been the best this period
US's massive printing of dollars in the face of trillions debt really shakes confidence in it.
Stolen Russian assets also.
As well as Venezuelan gold.
PRINT MORE ENDLESS TRILLIONS OF IOU PONCI SCAMMING SCHEME DOLLARS AND USE THEM FOR MORE SANCTIONS AND INTEREST HIKES TO MAKE MORE MONEY. IT IS VERY GOOD FOR AMERICA AND THE WORLD LOVES IT. AMERICA IS FOREVER GREAT.
u s g do not print usd.. thats why there are tens of TRILLIONS of national debt...
Yup, the US exports inflation. Im surprised countries have put up with it this long....
This didnt just happen ovrenight tho....this is something theyve made progressively worse and worse, each decade, so Im assuming they have a plan.
We've abused our reserve currency status...it's only natural for other countries to diversify away from the dollar.
"We" havent abused a damn thing, these settler colonial imperialist did
And then there's the confiscation hazzard
@Jon Thomas Yes Jon... in desperation of the US Treasury to retain value that might happen. So, if you decide not to surrender your precious metal assets it's possible to store them where they are safe. Why let the Feds steal your wealth? You either choose the poor house or the jail house... which one do you want to experience?
It’s only backed by gold if you can exchange your rubbles yuan etc for gold - seeing is believing. Gold is old school BTC is anti fiat
It is costing them cold hard cash not to. And plenty of it.
They're tired of this country calling the shots and manipulating every thing
And starting war everywhere
Agreed
@@kenetic1228 I agree with you
YES , truly and Americans could suffer from this
Sounds like the great pay back. When this dollar collapse happen, the suicide rate will go through the ceiling.
Thank you for telling us the truth and what's going on! Now that we can't depend on the mainstream media for the truth.. thank you from Chicago 🇺🇸
Cept no one wants rocks in the ground anymore like Gold. The new generations, the ones of the future, want Bitcoin.
Bitcoin just make sense to use instead of gold for country to country settlement. Much easier to transport, much more transparant.
Bitcoin would make for a truly fair world. And then I imagine, some countrys would back their CBDC with Bitcoin.
Didn't Charlie Munger and Warren Buffett invent the strategy of buying/investing when the market is low and also buying/investing when the market is high? As Warren Buffet said, he has seen this happen many times in his life. Not an investor. My wife and i never earned more than a middle class salary. We plan to get retired at 58 with a stock portfolio worth $4M. We have never sold so much as one share of stock...
sell
Andy Shectman, one of the few Americans telling it as it is, no sugar coating, just a hard pill to swallow matter of fact
@Patric Tutaki.
Developing nations can burn all the fossil fuels they want. Eventually they will face the problems northern china and Mongolia are facing. Nations adopting green energy over fossil fuels will win in the next few decades
I wonder who is controlling all the lithium, cobalt and copper mines and infrastructure in africa
@@YourUncle8501 who's controlling all the software and high tech manufacturing of semiconductors? It's not China. They assemble them. That's about it. In regards to mines for electric batteries, expect the US to move to where these mines exist.
@@YourUncle8501
Correction - India is not a part of the Chinese belt and Road initiative. But I agree that de - dollarization is on India's mind. In India there is an open and aggressive discussion about de dollarization. Ways ,policies and methods are being researched about it.
But technically they are crossing Indian territory.
As soon as we take back POK it will be a part of India
not only in mind actually india has started it, vostro account....
INDIA SHOULD TRY IT...WE IN EUROPE WILL PAY INDIA, IN ROCKS.......HAHAHA.
@@jjbiggmann5576 Why not in Euros? Why EU acts like a vassal state.
@@rahul.thakur COS ROCKS ARE CHEAP...AND WE EUROPEANS....LIKE REAL MONEY...LIKE EUROS..!!
The point is other nations are tired of being bullied. Imagine how many times the Western Countries one sided as a sanction, penalty during conflicts, withhold gold and dollar deposits /reserves of other countries which was legitimately entrusted into Western banks.
It was the end when they put sanctions on central banks. It started with Iraq and it will end with russia and china now. To put it starkly, I have a wholesale business in kenya and I used to keep my dollars in a dollar account here. Now I keep yuan with a bank in Hong Kong. I only went there to open the bank account. Everything else from my phone. This dollar business is starting its endgame.
Gold Standard, Nixon in 71....rinse and repeat.
The end of the Dollar Seneurage enjoyed by the United states of America !
Now in 2023, 18 countries agreed to trade in Indian rupee over dollar & it's just a beginning😃❤
Wouldn't recommend that
Are you happy thinking that rupee will replace dollar? It's just tiny fraction of global trade
@@alpeshmittal3779 Big things don't happen overnight. It's just a step towards greater goal i.e de-dollarization.
@@lostyly and why?
Best episode of the year, right here. Andy is one of the most honest & knowledgeable figures in the industry.
Yup.. same with this girl.. how honest she's.. example : when she suggested why US not using military might taking down Saudi & other pressure method towards others country.. 😂..
As simple as Andy tell us, it will projected like fight with all of them.. hell yeah.. it's surely make downfall dollar in faster phase.
@@PCai2012 please check your English in the hopes of being understood fully…👍🏽
@@annalisa14 I don't think USA is on Team USA anymore
@@fullofhope2222 As our rulers continue to grow apart from the needs and desires of working Americans, this will increase.
Don't worry dollar will still be the major currencies of the world along with euro and bricks currency only difference will be that it will loose its political clout
Andy is a genius. Michelle asks the best questions. Marvellous interview..thank you Kitco.
Glad you enjoyed it!
Michelle looking so cute 💗💗
I found your channel 2 days ago. I thoroughly enjoy the long-form interviews. I am able to obtain more information while I can get other things accomplished at the same time. You are now in my top 3 UA-cam channels. Thank you.
You didn't 'left Afghanistan' you were defeated and you left like a thief in the night.
Come back to Afghanistan and fight if you tough enough!
Wonderful!
This aint no accident, it is by design. 🔥🔥🔥
Yes, modern colonization
This is why I love Kitco. Real experts explaining complex concepts in an easy to understand way.
A guy who owns a successful precious metals company as a real expert on how to market precious metals? Sure. Same guy as a real expert on a global monetary reset? Why?
@@jaygatsby1 you're afraid of this truth.
@@jaygatsby1 Because he sense things are changing like it or not. Better be prepare and be ahead of the game. Diversity is key!
Yah, all except Kevin o greedy that z David had on recently . That was a disaster to credibility….
Y’all better be prepared for LOTS of disingenuous reporting and for huge global economic change. Lots of poverty and supply chain disruption.
It’s gonna be like never before. Practice days without your phone. Without electricity. Without freezers or refrigerators or heaters.
Pretend you live in the Gaza Strip or in the 12 refugee camps of Syria. THEN, you will be ready for the next 1000 days….
US has started to accept that dedollarization is inevitable, they know the impact on US and western economies are huge. Western economists and intellectuals need to come out with plans to not only reduce the blow of this but also convert this into an opportunity. They have to unlearn the old ways and learn the new and do the best they do which is innovation. All of this should be done in a legitimate way and not with the intend to con the world. Stop bullying as they have lost that power, developing world see them as who they really are.
The point is, it is barely possible that politicians of the US would agree to give up its "privilege" to weaponize dollars, and it is also impossible for the most of countries that would give in especially now they have a more trustworthy partner, China that, seems to be able to survive from all kinds of sanctions and bans from the US, and even fight back, so dedollarization is inevitable and also unfixable.
The UK is going to fooked, a country withouth commodities.
Brazil went through our predicament back in the 1970's, when their economy was crushed by inflation. It's now our turn to restructure our economy, and to reconfigure our currency exchange with the other countries.
Yes, Good and Structure into it Weaponizing MORE ENDLESS SANCTIONS AND PRINT MORE ENDLESS TRILLIONS without Accountabilities, Traceability with IMPUNITIES.
gibberish.. default will be catastrophic.. all nation states will collapse bc they also have massive debts engineered by the CBD central bank dynasty.....
This by far the best interview I have ever heard about BRICS and the future of money. Learned a lot, and the way it was conducted was absolutely brilliant by Michelle. As en European, and after the Covid response, I am worried about CBDCs and the way they can be programmed to control our spending, and I am worried about the collapse of our economies if the dollar falls, which would result in massive inflation and increased poverty for the general population. We live in interesting times, and I hope We The People can rise above it.
learned this also how banks and other institutions trade using our money. I'm an investor so yes this is very true. Spread your money and also convert it to gold, silver etc. The dollar is backed by nothing, the bank can be reliable in financial security
You can lose your money even if you are insured... there is nowhere near enough money in FDIC Holdings to cover all of the accounts in US Banks even the insured amounts... And when you put your money into a bank... You are making a loan to that bank... and the money is not really yours anymore... you made a loan to that bank
I urge everyone to start somewhere now no matter how small, this is literally the time for that, forget material things, don't get tempted,i became more better the moment i realized this.
Andy telling it as it is! The accumulation of gold by foreign central banks sounds suprising! I guess it was when they saw that the US could freeze other nations assets freely. Following Yvonne Annette Lively’s advice from fin-up, I believe that this trend will continue and I’m glad to have diversified my ptf by including a lot metals despite being skeptical at first.
We are now preparing for the reform of the yuan's exchange rate system. For such reforms to take place, we need good economic conditions... and we need to do it under tight control - Wu Yi
Honestly, I personally think it's not about de-dollarization. We should be leaning towards decentralization. Did you say Yvonne Annette Lively? The Pm with Morgan Stanley? Recently featured on an interview with Tate?
@@hueymorello5115 I think she spoke about debt and credit fueling the society right?
@mary Insha allah. Thank info… I see website and speak phone. Insha allah thanks Mary
@@hueymorello5115 she averages like a 15% m-roi?
Andy is a godly man speaking the truth! ♥️🙏🏼
Thank you!!!!
Excellent interview. Very good questions and detailed and deep responses.
The accumulation of gold by foreign central banks is astounding.
Consider the elevated dollar conversion rate and gold price record levels in their currency?
Troubling!
Follow the money
“Astounding” and yet, gold is only up +0.04% YTD. When is the penny going to drop for you guys? Just how gullible are you, huh? 🤷♂️
Not just gold, but silver as well.
@Bergamo The central banks are buying gold/silver in record amounts never seen before. The numbers are public record on the COMEX and LBMA.
One of the best monetary interview ever presented. Insightful, reasonable and original.
LIVING BEING IS OUR RACE, MANKIND IS OUR RELIGION, HINDU,MUSLIM,SIKH,CHRISTAIN, THERE IS NO SEPARATE RELIGION
ALMIGHTY GOD KABIR is the father of all souls that JESUS, MOHAMMAD, GURU NANAK, VEDH was telling in BIBLE, QURAN, GURU GRANTHA SAHEB
.. In OLD Orthodox Jewish Bible KABIR is mentioned...KABIR means (GREAT or MIGHTY GOD) in hebrew...but when translated in different languages translator removed KABIR word
Quran written in arabic has also KABIR word....KABIR means THE GREAT in arabic.
In vedh also KABIR is mentioned....
GURU NANAK himself described that LORD KABIR is his Guru and Lord KABIR met him..and in GURU GRANTHA SAHEB Guru Nanak called Lord kabir as kartar (GOD)
Just by reading holy books it is impossible to get depth knowledge of Holy text because we are just a living beings.. In vedhas also KABIR is mentioned...our brain isnot capable and doesnot understands the secrets behind the words and world.....GURU NANAK, JESUS AND MOHAMMAD were aware of LORD KABIR but later followers were not able to get depth knowledge
I'm impressed by the quality of this interview - free of idealism and stigma, simply talking facts and sense.
By far the BEST insightful and explorative interview out!!!
Andy Schectman....You are a true human being. Sharing your knowledge transparently, to save as many of us from the clutches of thought out and deliberate evil. Thanks also to Kitco News for enabling and hosting this. To be forewarned is to be forearmed.
He’s an idiot. Dude really just suggested that Saudi Arabia is looking to Russia as its security guarantor😂😂. This channel isn’t even news, it’s a company that sells precious metals.
Thank you so much!
6:45 Correction: India isn’t part of China’s belt and road initiative.
Wow, that was an eye opener. Great discussion. Thank you!
Michelle gives an outstanding interview!! I thoroughly enjoyed the the questions and follow up questions and the honesty and knowledge of the guest. A+ all the way around!
Interview soft as butter
The BRIC nations simply don't want to be the victim of a MONOPOLY GAME player that himself can prints unlimited money.
This was a great interview! Nice job Michelle Makori, Andy Schectmans honesty about his son being 15 years old and he hopes and wishes that he is wrong about the circumstances he see's & how they will play out? , But he doesn't think he's wrong.
Thankyou for your time & honesty doing this interview.
This was GREAT. Michelle really asked GREAT questions.
Bravo to both interview and interviewee. An excellent discussion with excellent questions from a knowledgeable interviewer.
One of the best interviews in awhile.. Michelle asked the exact questions I had racing through my mind, while Andy humbly answered the questions as simple as possible. Great conversation with these two..
Thank you!!
Wow! Michelle is brilliant! Truly one of the finest interviewers in the business. Coupled with Andy Schectman who is incredibly knowledgeable and whom I admire immensely, and you have a blockbuster segment. Phenomenal job… thank you both!
Yes but unfortunately the bearer of bad news
This is a very intelligent and Sincere Guest. 👏🏿👏🏿👏🏿👏🏿👏🏿👍🏿👍🏿👍🏿👍🏿
This interview is just perfect, great work!
Andy makes a lot of sense.
Great 👍🏻 show
This was the best interview so far this year. Kudos to both Andy and Michelle! Almost an hour long interview that just whizzed by quickly.
Mostly because looking at Michelle for an hour is hot as hell.
Watching 2⃣❌ SPEED ⚠️⛔⚠️
Thank you!!!
Thank you!!!!
shocking...2 israelis crying about money
Has new information. Thank you.
Excellent interview. You asked and every single question I had was answered. 😊
Everyone is realizing Alex Jones was right.
Yes !
Right on !!!
I am not from U.S. But I think de-dollarization will a blessing for US citizens in the long run. It will give them an opportunity to reset their house back to order, move back to manufacturing and production. But it won't be easy. It will be a bitter pill to swallow. It will also significantly lower the immigration to US.
US will become a cesspit after it loses its currency supremacy.
USA manufacturing is no more possible
Will be better in the long run for sure. Will be rough at first but the society will heal and the future will be bright.
It will reduce salaries to Atleast 60 percent than why will any immigrant come to usa and will americans work to salary like that??
@@EnzoZehariel don't just blame Biden...USA have been resorting to using the dollar to manipulate to its advantages n benefits way b4 Biden...
This gentleman is making lots of sense. Change are happening, but we can't feel it yet, but it's happening.
Grest interviw again Michelle, you have some of the best and inightful guests on your program.i really appreciate you asking the"Tuff" & "Right" questions. thank you.
Phenomenal interview. Spot on.
Bring Andy back in about 6 months or so to see how things happened and to get his perspective again. Great job by Michelle to challenge him and when he didn't know to actually say he didnt know and not make something up to look smart. All around great job by the both of them.
Thank you very much!!
Best interviewer I have heard in a long time.......great questions and keeping him on track. Great.job
Great video, great interview, great guest and hostess
As per World gold council, Indian household gold reserve is more than all world’s central banks put on one side.
Thats true. We do consider gold as anyday the best form of investment.
Richest countries are usa and and western countries. India is nowhere near that. Who cares about gold when most of your people are living in poverty.
Any source to back your claim?
@@kunalm2008gmail no source needed. If an Indian said it, it’s considered the truth.
@@bendover-bz4bc and yes Mr dumb, india is No. 3 in purchasing power in the world. So your rich western countries cant even afford electric bills n in UK thousands of girls have no access to sanitary pads and in Germany , most of the college girls have become prostitutes to meet their ends. Go n search each of these news on google.
Michelle is a joy to watch and has a fantastic way of navigating these interviews..Sending Love ❤ to the world wherever its needed 🙏🌏
It was like a shipwreck
Good video...well thought out
Yes, if that means the greenback is flowing back to the USA. Look out for between August and October this year. It's when BRICS+ is expected to launch its basket-based currency.
Michelle, you and David always ask excellent questions, but this interview was next level. Thank you very much!
It's not perceived hypocrisy - it's HYPOCRISY of highest order that has been a curse for the humanity.
Well. Looks like HE'S absolutely RIGHT!!!!
He is one of the honest people of USA, describing the hypocrisy of the Dollar on the face of Western citizens.
Lmfao
Andy is always on point and hammers through his well thought-out thesis.
This Andy guy 👌🏻👌🏻
this guy is very smart! makes it easy to understand
deflate, default or blow the whole thing up?
The de-dollarization has taken off and began gaining big momentum. It's inevitable and unstoppable.
When Sheep can't see that printing fiat currency while having the world reserve currency for over 50 years is a bad thing for the rest of the world........Then those Sheep deserve Karma.
This Gentleman explains a very complex subject so clearly. Wow , thank you 🙏🏾. We know how and why to protect our wealth. At least I do. 🖤
Yeah, gold. Occam‘s razor.
Cryptocurrency
With gold, you’re not “protecting your wealth” at all. YTD it is only +0.04% Inflation is running 7-8% and destroying your wealth so it’s a rubbish hedge.
@@imconfused1237 interpretations are our own. But the digital currency is going to have to be based off of something tangible ultimately. If you have something superior than gold, I’m all ears.
@@grizzlymartin1 Bitcoin. It is that simple.
Michelle is well worth the hire. She knows her stuff and able to handle interviews perfectly
She's really easy on the eyes too.
Great interview!
This guy says it like it is! Great interview! 👍
yeah but she sucks
This is one of the best, concise, informative videos i have heard yet... Its coming folks... Prepare while you still can!
BRICS will surely upset Dollar for not using him in long run,
I like the way the host did this interview. She put on her thinking cap and go about with sensitivity and intelligence, as opposed to those I saw from other mainstream media.
I am Canadian and i am done with U.S. domination. History will repeat. As sure as Rome went down.
Very very good interview. Top drawer. Michelle & Andy are equally matched and at the top of their game. Excellence in the media is a rare commodity today. Bravo
I love watching Michelle, she really into this.
I was thinking if someone was feeding her questions over the earphone, but no, all came from her.. amazing.
Good info
A very intelligent, practical discussion
every country is going broke now!! every country that has treasury bonds MUST sell them to survive now!!! It's not about dedollarization, it's about survival!!
They don't want to survive. It's all paving the way for the global dictatorship.
Remain delusional and hope the ensuing hurricane will be a breeze.
Not every Country
Michelle and Andy, the most interesting and enjoyable Financial news I have ever watched ! Thanks
Thank you very much.
Great insight without fear or favour 👍. Calling a spade, a spade.
Yes, but they won't dump silver and gold.
Abandoning citizens is very unceremonious!!
Excellent interview with objective commentary. The FED & WEF is the evil empire.
Awesome and deeply informative interview. A full constellation of stars for Michelle! So inquisitive and bringing unforeseen perspectives, like during a chess nasters game. Cheers!
Great news thanks!
Thank you.
Amazing wealth of knowledge this man has. Tough future for the Western world.
Digital dollar.
The future is a Bitcoin standard for the world. CBDCs never work because they solve nothing, just accelerates inflation and the dollars demise. Likely a CBDC results in hyperinflation burning the system down immediately because it starts a panic by the broader public. Just like Nigeria is experiencing with their eNeera CBDC. People will try gold, silver, and magic money but Bitcoin wins by the fact is preserves value 10X better. It crushes by network effect.
It’s a tough future for the whole world - don’t think BRICS countries will not suffer - the grass only looks greener on the other side of the street - but someone still has to mow it.
Move too one of the brics we don’t need u
Thank you, Michelle!. it's a compelling interview; will listen to this at least two or three times.
I've been hearing about brics since forever. They've gone nowhere and won't be going anywhere anytime soon. These so-called experts are retarded ....
I enjoy this interviewer, She asks great questions and then allows the person to give a complete answer.
America is headed towards the same road Venezuela is now
miss Makori is a top journalist with very strong questions
This guy is so smart! He really unpacks things and makes iti easy for us to understand and he is really respectful to the interviewer too.
Melanie, you want to follow Andy's videos on Arcadia Economics and Liberty and finance UA-cam channels. He is a gem
Excellent segment
Fantastic show
Bravo. This has to be the best interview I watched in recent months. Well done Michelle.
FINALLY AN INTERVIEW WITH REAL WORLD EVENTS, GOOD JOB KITCO👍👍
Gold is as good as cash? Gold is much better than cash
Gold is money, period!
Everything else is credit.
Thanks Andy and I believed the same since the Ottawa issue and then the war.
brilliant and bang on
For those that haven't heard yet, news came out within the last couple of weeks that India has ditched the Dollar for the UAE Dirham for its oil purchases from Russia....
This is one of the first dominos to fall... It's coming folks...
Edit:
Several other countries have either applied or expressed interest to join BRICS including Argentina, Indonesia, Algeria, Iran, Afghanistan, Thailand,Turkey, Nigeria, Senegal, Nicaragua, Kazakhstan, Saudi Arabia , UAE and more...
It won't be long until nearly HALF THE WORLD'S POPULATION is part of the BRICS Nations....
At that point, it's going to be a BRICS vs NATO world...
Great..
You will notice that it's mainly a non-anglo alliance because they're sick of being exploited and demonised constantly by the West.
Your on top of your game NICE
The UAE Dirham is pegged to the dollar - so they’re still using it.
If resourceless NATO will still be around
Andy hit the nail right on the head. Thank you kitco for not always putting on absolute dollar shills.
Thank you!!!!
Can't wait to leave the dollar behind
Great info 👏👏👏👏👏👏👏👏👏👏👏👏👏👏👏👏👏. Just love Michelle’s accent 😄👍👍👍👍
Best episode yet! Thank you both for the great discussion and debate
I have seen Andy many times but this is probably his best. A really good conversation.