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Silver Fuels The BRICS Currency Rocket

Posted by Simon Keighley on July 04, 2022 - 9:47am

Silver Fuels The BRICS Currency Rocket

Episode 80: Live From The Vault

Silver Fuels The BRICS Currency Rocket

In this week’s Live from the Vault, Andrew Maguire offers a long-term outlook on the implementation of the BRICS currency basket, with the US dollar’s reserve currency status under threat.

The precious metals expert speaks on the forthcoming unwinding of the derivatives market and forecasts a large-scale reevaluation of gold and silver.

Timestamps:

00:00: Start

02:42: The Clue’s in the Name - Credit

12:04: Unwinding of the Paper Markets

18:24: Phasing in the BRICS Currency Basket

24:00: Silver - the Fundamentally Undervalued Asset

26:51: Sanctions Backfire on Europe

31:00: What Drives the Gold Price?

38:20: Global Superpower Back With Gold


 


 

Disclaimer: This video is provided for informational purposes only and not offered or intended to be used as legal, tax, investment, financial, or any other advice.

 

 

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