PETRODOLLAR DEAL EXPIRES - Why This Could Trigger Collapse of Everything – Andy Schectman

PETRODOLLAR DEAL EXPIRES - Why This Could Trigger Collapse of Everything – Andy Schectman

June 19, 2024

THE CURRENCY WAR - FOLLOW THE MONEY

Kitco NEWS

Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, interviews Andy Schectman, President and Owner of Miles Franklin Precious Metals, who breaks down reports of Saudi Arabia letting the 50-year long Petrodollar agreement with the U.S. expire and what this means for the future of the U.S. Dollar as the global reserve currency.

Schectman believes that this marks the end of the era of fiat currency, as commodity backed money will return. He also weighs in on the latest geopolitical developments, including the latest sanctions against China and Russia, continued Weaponization of the U.S. Dollar, the accelerating De-Dollarization trend, BRICS Plus Foreign Ministers meeting, G7 meeting, BRICS new currency, and more.

Schectman points out how gold fits into the picture, laying out what a new world monetary order... or the Bretton Woods 3... could look like.

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Link to Andy Schectman’s first appearance on Kitco News:
Massive U.S. Dollar Dump? BRICS To Launch New Currency Causing Tsunami Of Inflation - Andy Schectman: https://youtu.be/FzI0oyxQ218

Original: https://youtu.be/pjtKeewv7pY

#petrodollar #gold #oil #dollar #BRICS

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