Guest
Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, interviews Andy Schectman, President and Owner of Miles Franklin Precious Metals, who says the world is bracing for a reset, with a new system potentially revaluing gold to $150,000 an ounce. Schectman breaks down what to expect from the upcoming 16th annual BRICS summit being held in Kazan, Russia, on October 22-24. He explains reports around the new common currency known as the ‘Unit’ and elaborates how Project mBridge fits in. Schectman talks about the future of the U.S. dollar, the accelerating de-dollarization trend, U.S. response, and the inevitability of central bank digital currencies (CBDCs). He also shares his view on gold in this new one-world system that he forecasts. This video is brought to you by *Goldback* --- Inflation-resistant, 24K gold currency. _Protect your purchasing power, grow your wealth annually, and spend at over 2,000 businesses._ Learn where to get Goldbacks at ** You can watch previous interviews with Andy Schectman here: Follow Michelle Makori on X: @MichelleMakori () Follow Kitco News on X: @KitcoNewsNOW () Follow Andy Schectman on X: @MilesFranklinCo () #BRICS #gold #currency #centralbanks 00:00 Coming Up 02:08 Introduction: BRICS Summit 04:21 De-dollarization and Gold Accumulation 07:42 Central Bank Gold Repatriation 11:04 Project mBridge and the ‘Unit’ 13:46 BRICS Expansion 23:21 Common Currency 41:33 CBDC, Future of Currencies 53:49 US Response 58:25 Fiscal Irresponsibility 59:12 Decline of the Dollar’s Purchasing Power 01:02:58 Global Economic Shifts and BRICS 01:10:05 Role of Gold in a New Economic System 01:13:26 Speculations on Gold Revaluation 01:18:47 Future of the Dollar __________________________________________________________________ Kitco News is the gold standard in precious metals, commodities, cryptocurrencies, mining, and financial news. SUBSCRIBE to our channel to stay up to date on the latest market and industry news. For breaking news, views, charts, and data on precious metals, cryptocurrencies, and financial markets - visit us at To get market updates on the go, download the Kitco Gold Live! APP - Stay connected: Twitter - Instagram - Facebook - LinkedIn - StockTwits - Live gold price and chart: Live silver price and chart: Live crypto market data: Learn more about Kitco News: For more information on advertising, sponsorship and marketing promotions – please visit our online media kit at: Disclaimer: The videos are not intended to provide trading advice, and the views expressed do not necessarily reflect those of Kitco Metals Inc. Kitco News, its anchors, producers, and reporters are not responsible in any way for the performance or actions of any sponsor, advertiser or affiliate of Kitco News. In no event will Kitco and its employees be held liable for any indirect, special, incidental, or consequential damages arising out of the use of the content in this video.
