Gold Currency Is No Surprise | Alasdair Macleod
Liberty and Finance: 8-15-2023
“Almost without doubt” will the strain in the banking system cause further bank failures this year, says Alasdair Macleod, Head of Research at GoldMoney.
The authorities in the West are likely to try to protect the status quo, but it’s not going to work, he forecasts.
As the financial system shows more cracks, officials will choose to sacrifice the currency rather than the system.
At the same time, more signs show that the BRICS, joined by the Middle East, are going to adopt a currency based on gold.
INTERVIEW TIMELINE:
0:00 Intro
1:30 Banking crisis
11:53 BRICS nations
23:03 Who’s got the gold?
36:50 Solution to crisis
https://www.youtube.com/watch?v=Zjs2JLknpJc
The BRICS’ Plan to Destroy the Dollar Unveiled Soon Warns Robert Kiyosaki
Stansberry Research: 8-15-2023
The U.S. dollar’s longstanding status as the world’s reserve currency has been threatened this year as prominent countries around the world have avoided relying on the dollar for global trade.
Today, Daniela interviewed Robert Kiyosaki, bestselling author of Rich Dad Poor Dad, who asserts that the global de-dollarization trend signals that a return to a gold standard is inevitable as long as these foreign adversaries remain unified.
He says, “When you talk about the BRICS, almost three-quarters of the population has signed on. It’s not if, but when they switch to gold. That’s what they’re saying.”
Robert also believes that cryptocurrencies offer a viable store of value as investors search for a safe haven from this chaotic market. “I like bitcoin because we have an enemy in common called the federal government, the Treasury, the Fed, and Wall Street,” he proclaims.
He concludes by encouraging investors to explore the precious metals sector in an effort to protect their wealth as mountains of debt continue to weigh on the economy.
“In two months alone, they’ve added $1.8 trillion in new debt; this is unsustainable. That’s why I’m a big hard asset person. I don’t buy much paper,” he states.
2:20 – The BRICS Summit
3:55 – Gold Standard
4:40 – Bitcoin
5:03 – Politics
7:58 – Robert Kennedy Jr.
8:57 – Fitch Ratings
10:03 – National Debt
10:57 – Student Loan Debt & Education
13:32 – Hard Assets
17:35 – Teaching Capitalism
