Dollar's Fate: BRICS, Gold & Economic Shifts

Natural Resource Stocks

Aug 03 2024 | 00:25:19

00:00 / 00:25:19

Show Notes

In this insightful discussion with Andy Schectman, we dive deep into the developments surrounding the BRICS nations and their impact on the global economy. Andy outlines the recent additions to BRICS and the significance of the Project Enbridge, a cross-border digital payment system. He details the potential end of dollar hegemony with the introduction of a new settlement currency backed by gold and regional currencies. The discussion highlights the rapid changes in global financial systems, the strategic moves by central banks, and the potential implications for the US dollar and global bond markets.

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