Step By Step, There Will Be a Challenge for the World Reserve Currency: Andy Schectman

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CEO of Miles Franklin Andy Schectman believes that as more nations around the world start conducting trade outside of the U.S. dollar and the influence and scope of the BRICS nations continues to rise, there will be a challenge for world reserve currency status in the years ahead.

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00:00 Introduction
01:33 Increase in Retail Gold Buying
05:09 Current Precious Metals Ownership
08:22 Impact of the Banking Crisis
16:27 Outflows from Regional Banks
19:08 Rollout of a CBDC
21:05 Challenge for Reserve Currency
29:37 International Gold Holdings
33:11 Reshoring Key US Industries
41:15 Ineffectiveness of Economic Sanctions
47:54 Shift in the Media Landscape

#usdollar #brics #reservecurrency