BRICS vs. Dollar: The Shocking Truth Revealed by Andy Schectman

In this video, Steve Barton sits down with Andy Schectman from Miles Franklin Precious Metals at the 2024 Rule Symposium. Andy dives deep into the macroeconomic trends affecting the world economy, the weaponization of the dollar, and the rise of BRICS nations. Discover why gold and silver are essential in today's financial landscape and how global dynamics are shifting away from the US dollar.

Andy Schectman provides a comprehensive overview of the macroeconomic environment, emphasizing the significant shift away from the US dollar due to its weaponization and the resulting distrust from global powers. He discusses the BRICS nations' growing influence, their increasing gold reserves, and the establishment of alternative financial systems like Project mBridge. Andy also highlights the alarming fiscal policies of the US, the erosion of traditional values, and the implications for the future.

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Chapters:
00:00 - Andy Schectman's Macro View on the World Economy
1:37 - US Government's Insolvency
2:24 - Global Shift Away from the Dollar
3:28 - Rise of BRICS Nations & New Members
5:42 - Hypocrisy of US Sanctions
7:11 - America's Morals are Disappearing
10:40 - Gold's Role in Wealth Preservation
16:10 - China's Arbitrage and Wealth Transfer
19:26 - Central Banks' Gold Accumulation
22:06 - Project mBridge and Its Implications
24:50 - Meeting in Novigrad and New Settlement Currency
27:58 - Accumulation and Repatriation of Gold by BRICS Nations
30:08 - Implications of Saudi Arabia's Participation in Project mBridge
32:45 - Buy Precious Metals

DISCLAIMER: I am not a financial advisor. This is not financial advice. I only express my opinion based on my experience and your experience may be different. These videos are for educational and motivational purposes only. Investing of any kind involves risk. Do your own due diligence. Every investment and bet comes with the risk that your capital could go to zero.
WHAT I DO: I spread out my investments. It's not all on one thing. For every bet that I make, I devote one hour of study per month to that investment. I keep the number of bets to what I can feasibly study.
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[sime]

Fantastic interview Steve, I have been listening to Andy for a couple of years now and everything he says makes total sense 👍

[revelationtime]

Really good talk! I appreciate it.

God bless

[Ecclesia.]

Wion media talks about BRICS and BRICS countries

[JerrySpringer]

@inittowinit928 i saw ur previous video that u bought 2% of your 20% cash into shares. Is this always the case to hold 20% of cash? And what is your ratio shares/ bullion and others? Thank u in advance

[martinwilby]

weve heard all this before, more likley to be just a cbdc