Reset Coming: New One-World System to Revalue Gold to $150k, Is BRICS the Trigger? Andy Schectman
Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, interviews Andy Schectman, President and Owner of Miles Franklin Precious Metals, who says the world is bracing for a reset, with a new system potentially revaluing gold to $150,000 an ounce. Schectman breaks down what to expect from the upcoming 16th annual BRICS summit being held in Kazan, Russia, on October 22-24. He explains reports around the new common currency known as the ‘Unit’ and elaborates how Project mBridge fits in. Schectman talks about the future of the U.S. dollar, the accelerating de-dollarization trend, U.S. response, and the inevitability of central bank digital currencies (CBDCs). He also shares his view on gold in this new one-world system that he forecasts.
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You can watch previous interviews with Andy Schectman here:
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#BRICS #gold #currency #centralbanks
00:00 Coming Up
02:08 Introduction: BRICS Summit
04:21 De-dollarization and Gold Accumulation
07:42 Central Bank Gold Repatriation
11:04 Project mBridge and the ‘Unit’
13:46 BRICS Expansion
23:21 Common Currency
41:33 CBDC, Future of Currencies
53:49 US Response
58:25 Fiscal Irresponsibility
59:12 Decline of the Dollar’s Purchasing Power
01:02:58 Global Economic Shifts and BRICS
01:10:05 Role of Gold in a New Economic System
01:13:26 Speculations on Gold Revaluation
01:18:47 Future of the Dollar
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Disclaimer: The videos are not intended to provide trading advice, and the views expressed do not necessarily reflect those of Kitco Metals Inc. Kitco News, its anchors, producers, and reporters are not responsible in any way for the performance or actions of any sponsor, advertiser or affiliate of Kitco News. In no event will Kitco and its employees be held liable for any indirect, special, incidental, or consequential damages arising out of the use of the content in this video.
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