Why GOLD; Dollar Death & New BRICS Gold Currency, Q&A | Andy Schectman
Andy Schectman of Miles Franklin joins us at the Rule Symposium to discuss the decay of the US Dollar, the new BRICS currency "The Unit" which will be GOLD BACKED and answers audience questions. We dive deep into the dealings of China in the silver market and other shenanigans by the big banks, including JP Morgan. --- Thank you to our #sponsor CONTANGO ORE, Inc. (NYSE American: CTGO) - Developing Alaska's Next Gold Mines. Make sure to pay them a visit: https://www.contangoore.com/ --- Guest: Andy Schectman, President Company: Miles Franklin https://milesfranklin.com/ Recorded at the Rule Symposium 2024 Check out the recordings of ALL presentations from the Rule Symposium including Grant Williams, Danielle DiMartino Booth, Jim Rickards, Rick Rule and many more! Register here: https://opptravel.zohobackstage.com/TheRuleSymposiumonNaturalResourceInvesting2024#/?affl=SoarFinancial ---- Save the Date DEUTSCHE GOLDMESSE November 21 & 22, 2024 in Frankfurt, Germany www.deutschegoldmesse.com Register today. --- Follow Us! Twitter: http://twitter.com/soarfinancial Website: http://www.soarfinancial.com/ Timestamps (AI generated): 00:00 Introduction 00:25 New BRICs Settlement Currency 00:38 Special Coverage from the World Symposium 01:30 Precious Metals IRA and Exit Strategy 02:00 Benefits of Precious Metals IRA 02:37 Definition of IRA and Its Benefits 03:15 Undervaluation of Assets and Future Strategies 03:55 Market Trends 04:36 Future of Precious Metals Market 05:12 Importance of Storage and Brokerage Business 06:50 Gold and Silver Revaluation 09:00 Real Value of Gold and Silver 11:00 China and Bullion Banks 12:50 Importance of Gold to China 15:00 BRICs Currency and Project Enbridge 16:20 Central Bank Digital Currencies 19:00 Implications of New Settlement Currency 22:00 Gold Revaluation Account 23:50 Repatriation of Gold by Countries 25:00 Project Enbridge 26:20 Impact on US Dollar 29:00 Actions and Ramifications of US Policies 31:00 Modern Monetary Theory 32:00 JP Morgan and Silver Price Target 33:50 JP Morgan's Role in Precious Metals Market 37:20 Closing Remarks **Disclaimer:** Some of the links presented might be affiliate links. We might receive a commission if a purchase is made using those links! Unless specifically disclosed, all information available on Soar Financial and its affiliates or partners should be considered as non-commercial in nature. None of the content produced by Soar Financial should be considered an endorsement, offer or recommendation to buy or sell securities. Soar Financial is not registered with any financial or securities regulatory authority in Canada, the US, Europe, or the UK, and does not provide, nor claim to provide, investment advice or recommendations to any consumer of the content that Soar Financial produces and publicizes. Always do your own due diligence and/or consult a qualified legal, tax, or investment professional if personal advice is deemed necessary. Soar Financial and its related companies (including its directors, employees, and representatives) or a connected person may hold equity positions in securities detailed in communications. When this occurs a disclosure will be made. Disclosures on social media will be made using the hashtag #coi (short for conflict of interest). Soar Financial, its affiliates, and their respective directors, officers, employees, or agents expressly disclaim any liability for losses or damages, whether direct, indirect, special, or consequential, or other consequences, howsoever caused, arising out of any use or reproduction of this site or any decision made or action taken in reliance upon the produced content of Soar Financial, whether authorized or not. By accessing Soar Financial’s content, each consumer of Soar Financial content releases Soar Financial, its affiliates, and their respective officers, directors, agents, and employees from all claims and proceedings for such losses, damages, or consequences.