World Dumping U.S. Dollars?
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.
Wealth strategist Rebecca Walser predicts that tectonic shifts in the global financial system are going to produce dramatic shifts in wealth within in the US. Will you be left behind? More from Dinesh D’Souza.
