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'GOLD'S All-At-Once Moment! Gold Prices Will Soar DRAMATICALLY' - Andy Schectman
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In his recent interview with Liberty and Finance, Andy Schectman, CEO of Miles Franklin, highlights how BRICS countries gradually move away from US treasuries, shifting their focus toward commodities like gold. China, in particular, has been significantly reducing its US treasury holdings, dropping from $849 billion in April 2023 to $775 billion in April 2024—the lowest since 2009. Other BRICS nations have followed suit, with India, Brazil, and Saudi Arabia cutting their investments in US treasury bonds. This trend reflects a broader strategy among BRICS members exploring a gold-backed settlement currency to facilitate trade while preserving their national currencies and sovereignty.
This shift is a clear challenge to Western financial dominance, especially as BRICS countries control a substantial portion of global commodity production and refinement. Initiatives like China's Belt and Road and the Shanghai Cooperation Organization, which collectively represent 75% of the global population and half of the world's GDP, further bolster their influence.
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We share interviews from experts like Rick Rule, Peter Schiff, Mike Maloney, Lynette Zang, and many others. Stay up-to-date with the world of finance and make informed decisions with our expert insights. Subscribe now and never miss a video!
Credit: CapitalCosm
🔴 EVERY Single Gold Buyer Needs To Hear This NOW | Andy Schectman
#gold #goldpriceprediction #andyschectman
This shift is a clear challenge to Western financial dominance, especially as BRICS countries control a substantial portion of global commodity production and refinement. Initiatives like China's Belt and Road and the Shanghai Cooperation Organization, which collectively represent 75% of the global population and half of the world's GDP, further bolster their influence.
We bring you the latest news, insights, and analysis on gold, silver, and copper. Our videos cover a wide range of topics, including gold price, gold prediction, gold price forecast, silver price, silver price prediction, copper price, market trends, investment strategies, and industry news.
We share interviews from experts like Rick Rule, Peter Schiff, Mike Maloney, Lynette Zang, and many others. Stay up-to-date with the world of finance and make informed decisions with our expert insights. Subscribe now and never miss a video!
Credit: CapitalCosm
🔴 EVERY Single Gold Buyer Needs To Hear This NOW | Andy Schectman
#gold #goldpriceprediction #andyschectman
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