|

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.

Author

Samuel Briggs

Samuel Briggs

Kinesis Money

Samuel holds a deep understanding of the precious metals markets, and as an in-house journalist for 1:1 gold and silver-backed monetary system, Kinesis, he is chiefly responsible for updating the community with insights and analys

More from Samuel Briggs
Share:

Markets move fast. We move first.

Orange Juice Newsletter brings you expert driven insights - not headlines. Every day on your inbox.

By subscribing you agree to our Terms and conditions.

Editor's Picks

EUR/USD flat lines near 1.1750 ahead of ECB policy decision

EUR/USD remains flat after two down days, trading around 1.1750 in the European session on Thursday. Traders move to the sidelines and refrain from placing any fresh directional bets on the pair ahead of the ECB policy announcements and the US CPI inflation data. 

GBP/USD stays defensive below 1.3400, awaits BoE and US CPI

GBP/USD oscillates in a narrow band below 1.3400 in European trading on Thursday. The pair trades with caution as markets eagerly await the BoE policy verdict and US consumer inflation data for fresh directional impetus. 

Gold awaits weekly trading range breakout ahead of US CPI report

Gold struggles to capitalize on the previous day's move higher back closer to the $4,350 level and trades with a mild negative bias during the Asian session on Thursday. The downtick could be attributed to some profit-taking amid a US Dollar uptick, though it is likely to remain cushioned on the back of a supportive fundamental backdrop. 

Dogecoin breaks key support amid declining investor confidence

Dogecoin trades in the red on Thursday, following a 4% decline on the previous day. The DOGE supply in profit declines as large wallet investors trim their portfolios. Derivatives data shows a surge in bearish positions amid declining retail interest.

Monetary policy: Three central banks, three decisions, the same caution

While the Fed eased its monetary policy on 10 December for the third consecutive FOMC meeting, without making any guarantees about future action, the BoE, the ECB and the BoJ are holding their respective meetings this week. 

Dogecoin Price Forecast: DOGE breaks key support amid declining investor confidence

Dogecoin (DOGE) trades in the red on Thursday, following a 4% decline on the previous day. The DOGE supply in profit declines as large wallet investors trim their portfolios. Derivatives data shows a surge in bearish positions amid declining retail interest.