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De-dollarization is making headlines, but will it ever actually happen?
Alfonso Peccatiello of the Macro Compass explains why he believes de-dollarization will eventually occur, but not in an orderly manner. He also shares his thoughts on the role gold could play in a transition from a dollar-based system to another system.
This interview was filmed on May 2, 2023.
#Investing #Dollar #Gold
0:00 – Intro
0:27 – Why de-dollarization is making headlines
2:08 – Orderly de-dollarization is a fairy tale
5:12 – The problems with a BRICS currency
7:28 – Gold’s role in de-dollarization
12:37 – The role of gold in a portfolio
16:14 – What should investors do right now?
19:22 – Alfonso’s work at the Macro Compass
21:55 – Outro
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The Investing News Network does not guarantee the accuracy or thoroughness of the information reported in the interviews it conducts. The opinions expressed in these interviews do not reflect the opinions of the Investing News Network and do not constitute investment advice. All readers are encouraged to perform their own due diligence.