Brink of Financial World War 3 as it Becomes West Versus the Rest - Willem Middelkoop
“The big reset has started. We’ll see a change with the West and the dollar losing power and the East, the BRICS countries gaining power,“ says Willem Middelkoop, founder of the Commodity Discovery Fund, in our recent interview with Daniela Cambone. Middelkoop identifies geopolitical risks as a focal point for investors in 2024, cautioning that ongoing conflicts in the Middle East, including those involving Iran, Yemen, and the Houthis, could escalate. “It’s a very dangerous development,“ he warns. Additionally, he expresses concern about a resurgence of inflation in late 2024 and 2025. In response to these financial challenges, he advises investors to diversify their portfolios as a strategic approach to navigate the upcoming headwinds.
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📖 CHAPTERS:
00:00 Discussion on Fed Rate Cuts
03:08 Global Trade and Geopolitical Risks
06:10 The West vs. the Rest
07:16 Financial World War III
08:12 Shift in Power and the Role of Gold
10:02 US Dollar and Central Bank Digital Currencies
11:30 The Great Taking and Financial Collapse
13:59 Bank Insolvencies and System Overhaul
18:59 Inflation and Currency Debasement
20:56 Outlook for Commodity Investors
22:18 Conclusion
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