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Dollar doomed: Lawrence Lepard predicts currency's demise in 5-10 years
Larry Lepard, Managing Partner and Founder of Equity Management Associates, and Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, discuss the de-dollarization trend and Lepard's belief that the dollar as we know it will end within the decade. He advises investors to consider gold and Bitcoin as safe havens, and provides price forecasts for these assets. Lepard also predicts hyperinflation in the U.S. and a potential depression, and shares his thoughts on the BRICS nations challenging dollar hegemony.
Follow Larry Lepard on Twitter: @LawrenceLepard (https://twitter.com/LawrenceLepard)
Follow Michelle Makori on Twitter: @MichelleMakori (https://twitter.com/MichelleMakori)
Follow Kitco News on Twitter: (@KitcoNewsNOW) https://twitter.com/KitcoNewsNOW
0:00 - Dollar debasement
4:12 - Investment thesis
6:46 - Satoshi's identity
10:48 - Debt implosion
16:18 - Fed policy
18:45 - Another Great Depression?
22:40 - Stock market crash
25:40 - Stagflation with hyperinflation
31:30 - Restructuring the dollar
32:28 - BRICS reserve asset
42:19 - Gold
46:00 - Multipolar world
52:25 - 'End of the road'
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