(Pt 1/2): Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, interviews George Gammon, investor and macroeconomics expert, who agrees with new bank reports that an Orwellian-like central bank digital currency (CBDC) could be between three to five years away depending on what crisis is next. Gammon warns about the dangers of a CBDC and suggests that one could be sneaked in secretly in the U.S. He also discussed his base case for de-dollarization and the potential 1970s scenario. Stay tuned for Part 2!
Special coverage of the *New Orleans Investment Conference* is brought to you by *Discovery Group* 👉 https://www.discoverygroup.ca/
Follow Michelle Makori on X: @MichelleMakori (https://twitter.com/MichelleMakori)
Follow Kitco News on X: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW)
Follow George Gammon on X: @GeorgeGammon (https://twitter.com/GeorgeGammon)
#CBDC
00:00 – Intro
01:11 – CBDCs 101
11:40 – Rollout plans
15:46 – FedNow
16:50 – CBDC: 3-5 years away
27:48 – CBDCs and dollar as reserve currency
42:12 – Dollar outlook
01:00:30 – Tokenization and CBDCs
01:04:37 – Why is gold a way to protect yourself
__________________________________________________________________
Kitco News is the gold standard in precious metals, commodities, cryptocurrencies, mining, and financial news.
SUBSCRIBE to our channel to stay up to date on the latest market and industry news.
For breaking news, views, charts, and data on precious metals, cryptocurrencies, and financial markets – visit us at https://www.kitco.com
To get market updates on the go, download the Kitco Gold Live! APP – https://applications.kitco.com
Stay connected:
Twitter – https://twitter.com/kitconewsnow
Instagram – https://www.instagram.com/kitconews
Facebook – https://www.facebook.com/KitcoNews
LinkedIn – https://www.linkedin.com/company/kitconews
StockTwits – https://stocktwits.com/kitconews
Live gold price and chart: https://www.kitco.com/gold-price-today-usa/
Live silver price and chart: https://www.kitco.com/Silver-price-today-USA/
Live crypto market data: https://www.kitco.com/price/crypto/
Learn more about Kitco News: https://www.kitco.com/news/about/
For more information on advertising, sponsorship and marketing promotions – please visit our online media kit at: www.kitco.com/advertising
Disclaimer: The videos are not intended to provide trading advice, and the views expressed do not necessarily reflect those of Kitco Metals Inc. Kitco News, its anchors, and reporters are not responsible in any way for the performance or actions of any sponsor, advertiser or affiliate of Kitco News.
source