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152: The seeds of the end of U.S dollar hegemony have been sowed
In the third quarter of 2018, the central banks of Russia, Turkey, India and other countries went on a splurge of gold buying. Collectively, five major countries including India, Russia and China demanded 33% of all of the gold mined out of the ground this last quarter.
The question is, why are these major economies splurging on gold at a time when the U.S dollar is on the rise?
In this episode of the show discuss why this is happening, why this is going to deal a big blow to U.S economic dominance and why this is of the upmost importance to you and me.
Support the show on Patreon
Follow me on twitter: @HectorJ_Mises
Show notes: http://www.NewClassRising.com/152
YouTube video podcast
Get my Book: De-CLASS-ified: The fall of the middle class and rise of the internet entrepreneur
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By Business and Economics Discussions w/ Guests like Anthony Tran, Fabian CalvIn the third quarter of 2018, the central banks of Russia, Turkey, India and other countries went on a splurge of gold buying. Collectively, five major countries including India, Russia and China demanded 33% of all of the gold mined out of the ground this last quarter.
The question is, why are these major economies splurging on gold at a time when the U.S dollar is on the rise?
In this episode of the show discuss why this is happening, why this is going to deal a big blow to U.S economic dominance and why this is of the upmost importance to you and me.
Support the show on Patreon
Follow me on twitter: @HectorJ_Mises
Show notes: http://www.NewClassRising.com/152
YouTube video podcast
Get my Book: De-CLASS-ified: The fall of the middle class and rise of the internet entrepreneur