Gold-backed BRICS currency to Dethrone Dollar | Alasdair Macleod

U.S. dollar dominance is "toast," says Alasdair Macleod, head of research at GoldMoney. If the BRICS nations announce a gold-backed currency, markets will soon realize how negative this is for the dollar, he says. Also, a reigniting of the Ukraine conflict is likely, which could drive up oil and other commodity prices. Expect more inflation and higher interest rates which will put more pressure on the banking system.

Macleod's writings: https://www.goldmoney.com/research

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INTERVIEW TIMELINE:
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2:32 Ukraine
17:50 Banking system
30:30 Last thoughts
36:13 Miles Franklin
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