• Dollar Death Spiral: Why Is the Rest of the World Buying So Much Gold Right Now?

  • Apr 15 2024
  • Length: 39 mins
  • Podcast

Dollar Death Spiral: Why Is the Rest of the World Buying So Much Gold Right Now? By cover art

Dollar Death Spiral: Why Is the Rest of the World Buying So Much Gold Right Now?

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  • Summary

  • The US Dollar has been a currency untethered from reality, and we were able to get away with it….until now.

    As the world continues to move to the East and reject the dollar, we’re headed for an abrupt and excruciating end, and it’s coming a lot sooner than many believe. Just like a new bridge, a new currency system is being built right before our eyes. We’ll keep believing nothing’s happening until the very end of the dollar, only to be cut-off abruptly.

    The way we’ve been running things is mathematically unsustainable, and the music’s going to stop suddenly. We’ve hyper-inflated our equity markets, created precarious asset bubbles, continued to spend recklessly and accumulate debt, and we’re now trapped.

    Whatever The Fed does, our currency system and the domination of the dollar will collapse. No matter how good the stock market’s doing, remember it can perform well while the underlying currency system is collapsing.

    Why have the BRICS nations been scrambling for metals? Can The Fed get us out of this situation or is it far too late?

    In this episode, I share the bad news no one wants to talk about: the rapidly approaching end of the US dollar and currency system as we know it.
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