DISCLAIMER: GOLDINVESTMENTCOMPANIES.COM IS AN AFFILIATED PARTNER FOR GOLDCO PRECIOUS METALS, AUGUSTA PRECIOUS METALS, AND BIRCH GOLD GROUP, PROMOTING THEIR GOLD IRA, GOLD 401K TRANSFER AND BITCOIN IRA SERVICES AND PRODUCTS.
Michael Wilkerson, Founder of Stormwall Advisors and Author of “Why America Matters,” joins Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, to discuss China’s recent mediation of diplomatic relations between Iran and Saudi Arabia, and what this means for China’s status as a world power going forward. Wilkerson and Makori also discuss the escalating tensions between the U.S. and China with increasingly hostile rhetoric from the Xi administration, growing trend toward de-dollarization, the rise of a potential BRICS reserve currency, the ongoing conflict in Ukraine, and what all of this means for investors.
Follow Michelle Makori on Twitter: @MichelleMakori (https://twitter.com/MichelleMakori)
Follow Kitco News on Twitter: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW)
Follow Michael Wilkerson on Twitter: @MW_Stormwall (https://twitter.com/MW_Stormwall)
0:00 – Iran, Saudi Arabia, and China
10:18 – Oil market and the petrodollar
12:15 – BRICS alliance
16:03 – China-U.S. relations
18:38 – New BRICS currency
20:30 – Investment implications
26:11 – President Xi
28:44 – New Chinese foreign policy
34:23 – Lab leak hypothesis
37:02 – Taiwan
38:35 – Long-term portfolio allocation
#china #russia #politics
Kitco NEWS is a global news network based in Montreal, with bureaus in New York, Hong Kong, New Mexico, London and Vancouver. Since 2009, our journalists have helped investors make informed decisions through in-depth reporting, daily market updates, and interviews with key industry figures. We aim to accurately and impartially cover the economy, stock markets, commodities, cryptocurrencies, mining and metals.
Subscribe to our channel to stay up to date on the latest insights moving the metals markets.
For more breaking news, visit http://www.kitco.com/
Don’t forget to sign up for Kitco News’ Weekly Roundup – comes out every Friday to recap the hottest stories & videos of the week: https://connect.kitco.com/subscription/newsletter.html
Join the conversation @ The Kitco Forums and be part of the premier online community for precious metals investors: https://gold-forum.kitco.com/
Disclaimer: Videos are not trading advice and the views expressed may not reflect those of Kitco Metals Inc.