De-Dollarization Is Accelerating, Propelled By China & Russia | Louis Gave

2 years ago
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Researcher and money manager Louis Gave returns in Part 2 of our interview with him to discuss the acceleration away from the US dollar as a trade currency by many non-West countries.

America's weaponization of semiconductors against China and of the West's financial system against Russia have forced those two countries to speed up their efforts to conduct trade in currencies other than the dollar.

What will a world less dependent on the dollar look like? Does this trend open up any intersesting investment opportunities?

Louis shares his thoughts on both of these questions.

To watch Part 1 of our interview with Louis, go to: https://youtu.be/YiM1fYZq0T8

And to read the AdamsNotes summarization of the key takeaways from this interview, go to: https://wealthion.com/adamsnotes/
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#dollar #china #russia
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IMPORTANT NOTE: The information and opinions offered in this video by Wealthion or its interview guests are for educational purposes ONLY and should NOT be construed as personal financial advice. We strongly recommend that any potential decisions and actions you may take in your investment portfolio be conducted under the guidance and supervision of a quality professional financial advisor in good standing with the securities industry. When it comes to investing, past performance is no guarantee of future results. Any historical returns, expected returns, or probability projections may not reflect actual future performance. All investments involve risk and may result in partial or total loss.

0:00 Intro
1:05 Investing in China
6:25 Louis’s Investments
13:10 Cash & Precious Metals
18:00 Is the Bear Market Over?
21:10 Reacting to Louis & Current Market
25:50 Valuations Too High?
32:20 FOMC Update
39:20 Positioning for Recession
49:30 Dawn of a New Era

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