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.
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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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