In this episode, host Lloyd James Ross delves into the dynamics of the U.S. dollar and its significance as a global currency. He explains how gold has historically been viewed as the world's base reserve currency and discusses the importance of the dollar index in assessing the strength or weakness of the U.S. dollar. With gold prices at record highs and the dollar index slipping below 100, Ross addresses the implications for investors and what these trends mean for the future of the U.S. dollar. He clarifies that while the dollar may be showing signs of weakness compared to its 2022 highs, a true collapse would entail a significant loss of trust in the currency, which is not currently happening. Tune in for insights on how to navigate these financial changes and strategies to achieve financial freedom.

Want to achieve financial freedom and build lasting wealth? Get the strategies you need—grab your copy of Money Buys Happiness today: http://moneybuyshappinessbook.com

Follow Lloyd:

https://www.instagram.com/lloydjamesross/?hl=en

https://www.linkedin.com/in/lloyd-james-ross-87818129a/?originalSubdomain=au

https://www.facebook.com/5stepstomillions/

https://www.tiktok.com/@lloydjross

https://x.com/lloydjamesross

Timestamps

[00:00:00] Introduction

[00:00:00] Gold as a base currency.

[00:04:38] US dollar purchasing power concerns.

[00:07:39] Gold as global reserve currency.

[00:10:40] Tariffs and inflation impact.

[00:14:05] US dollar reserve status explained.