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Global Reset: Gold Could Get Revalued to $150K, Is BRICS the Trigger? Andy Schectman
Michelle Makori, Lead Anchor at Kitco News, interviews Andy Schectman, President of Miles Franklin Precious Metals, about the possibility of a global reset, with gold potentially being revalued to $150,000 per ounce. Schectman discusses the upcoming BRICS summit in Kazan, Russia, and the reports of a new common currency called the ‘Unit.’ He explains how Project mBridge, central bank digital currencies (CBDCs), and the de-dollarization trend could impact the future of the U.S. dollar and gold’s role in a new global financial system.
00:00 Coming Up
02:08 Introduction: BRICS Summit
04:21 De-dollarization and Gold Accumulation
07:42 Central Bank Gold Repatriation
11:04 Project mBridge and the ‘Unit’
13:46 BRICS Expansion
23:21 Common Currency
41:33 CBDC, Future of Currencies
53:49 US Response
58:25 Fiscal Irresponsibility
59:12 Decline of the Dollar’s Purchasing Power
01:02:58 Global Economic Shifts and BRICS
01:10:05 Role of Gold in a New Economic System
01:13:26 Speculations on Gold Revaluation
01:18:47 Future of the Dollar
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