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New Russia/China Gold Backed Currency Imminent
This week, Dave Russell welcomes #SimonHunt, an economist, and consultant to the copper industry, to discuss the global economic situation. Simon is convinced that the Fed is about to make a 180-degree policy shift. Russia and China are preparing to launch a new gold-backed currency system. Watch the entire episode to learn how this will influence your finances…
Highlights from this episode:
How have global financial markets been affected by high #inflation, the ongoing crisis in Ukraine, and events in China?
Are Russia and China introducing a new gold-backed currency system?
Why will the Gulf countries be involved with this new currency?
Will the Fed alter its policies in light of the weakening economy?
Is the next financial collapse imminent?
What will happen if the US dollar is dethroned as the reserve currency?
Is America’s conflict against Russia leading to a hyper-dependence on the US financial system?
Is a global financial system rebalancing inevitable?
What is the timeline of these events to unfold?
To find out more about Simon Hunt, visit: http://www.shss.com/
00:00- Intro
01:27- New currency system backed by #gold
13:38- Weakening of the US dollar
17:02- Eurasian commodity-backed currency
18:25- Hyper dependency on the US financial system
20:34- Can this be avoided?
24:37- The Fed is almost a sideshow
29:43- A parallel dollar backed by gold?
31:36- The Melt-Up is going to happen
34:50- Wrap up
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