100+ nations to simultaneously pull out of the Dollar system? [Video]
|In this week’s Live from the Vault, Andrew Maguire sits down with the founder of Miles Franklin Investments, Andrew Schectman, to address the exacerbating levels of global financial anxiety, as people flock to gold, seeking alternatives to traditional banking.
The two precious metals informers explore the dynamic expansion of BRICS and SCO nations as they continuously form new relationships, united in a common goal of economic betterment away from the US dollar hegemony.
Timestamps
- 00:00 Start
- 01:55 The unprecedented explosion of interest in gold over the last 3 weeks.
- 07:50 SBV: what happens when too-big-too-fail banks actually fail?
- 11:35 Are people buying gold or silver? This metal is flying off the shelves!
- 14:50 Are people choosing large bullion bars or coins - and why?
- 16:40 Weighting up the benefits of storing wealth in physical coins.
- 23:50 Kenyan President urges people to get rid of their dollars!
- 31:20 The new, multipolar world no longer ruled by just one currency…
- 41:35 About taking responsibility for oneself and the refusal to follow the herd.
- 54:25 The Art of War: The West’s persuasive misdirection to make the dollar seem stronger.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.