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 ([ Ссылка ])
Follow Kitco News on Twitter: @KitcoNewsNOW ([ Ссылка ])
Follow Andy Schectman on Twitter: @MilesFranklinCo ([ Ссылка ])
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
__________________________________________________________________
Kitco NEWS is a global news network based in Montreal, with bureaus in New York, Hong Kong, New Mexico, London and Vancouver. Since 2009, our journalists have helped investors make informed decisions through in-depth reporting, daily market updates, and interviews with key industry figures. We aim to accurately and impartially cover the economy, stock markets, commodities, cryptocurrencies, mining and metals.
Subscribe to our channel to stay up to date on the latest insights moving the metals markets.
For more breaking news, visit [ Ссылка ]
Follow us on social media:
Facebook - [ Ссылка ]
Twitter - [ Ссылка ]
StockTwits - [ Ссылка ]
Live gold price and charts: [ Ссылка ]
Live silver price and charts: [ Ссылка ]
Don’t forget to sign up for Kitco News’ Weekly Roundup – comes out every Friday to recap the hottest stories & videos of the week: [ Ссылка ]
Join the conversation @ The Kitco Forums and be part of the premier online community for precious metals investors: [ Ссылка ]
Disclaimer: Videos are not trading advice and the views expressed may not reflect those of Kitco Metals Inc.
