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Eleven Predictions for the Fall of the American Monetary Empire
BRICS countries – Brazil, Russia, India, China, and South Africa – have been talking about establishing a new gold-backed currency this year in hopes of replacing the U.S. dollar as the king of global currencies.
With the 15th annual BRICS summit taking place earlier this week, many market experts are monitoring whether these discussions will come to fruition as we approach 2024.
So today, we'll review predictions from several of our guests over the course of our "summer series" about the potential impact of the dollar relinquishing its world reserve currency status...
1:27 - Marc Faber: U.S. Dollar Will Become a Worthless Currency
2:32 - Rick Rule: FedNow is an Existential Threat to Personal Freedom
3:40 - Peter Grandich: Future of CBDC's
5:27 - Marc Cohodes: "The Middle of the Road is Usually Where This All Goes"
6:22 - David Morgan: "We Need to Push Back with Logic, Serenity and the Truth"
7:25 - Doug Casey: "Bitcoin is a Solid Form of Money"
8:23 - Ran Neuner: Bitcoin is Becoming a Mainstream Asset
9:23 - George Gammon: Worldcoin's Eyeball-Scanning Crypto
10:50 - Lynette Zang: "We Will See a Gold Backing Again"
12:06 - Robert Kiyosaki: "Get Back on Your Own Gold Standard"
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