They Don’t Need to Kill the Dollar to Change the Entire Financial System | Andy Schectman
They Don’t Need to Kill the Dollar to Change the Entire Financial System | Andy Schectman
Miles Frankin Media: 9-20-2026
Michelle Makori, President & Editor-in-Chief of Miles Franklin Media, speaks with Andy Schectman, Founder & CEO of Miles Franklin Precious Metals, following the latest BRICS summit in New Delhi.
Schectman argues that BRICS is quietly building a parallel financial system through alternative payment rails, gold-backed settlement mechanisms, and local-currency trade, not necessarily a single BRICS currency.
Schectman explains why he believes “de-Treasurization,” not de-dollarization, is the real shift underway as countries reduce reliance on U.S. Treasuries while accumulating gold.
He also discusses rising Treasury yields, central-bank gold buying, the movement of gold and silver to Asia, and why he believes inflation is “guaranteed” as the global monetary system evolves.
In this episode of The Real Story with Michelle Makori:
What the latest BRICS summit revealed
Why “de-Treasurization” matters more than de-dollarization
BRICS Pay, mBridge, and China’s CIPS network
Gold and silver price discovery shifting East
Central-bank gold buying and repatriation
Rising U.S. debt, inflation, and Treasury risks
What the changing monetary system could mean for investors
00:00 Coming Up
02:21 Introduction
03:18 BRICS Summit No Currency
06:07 Interoperable Payment Rails
09:40 The Unit Settlement Basket
12:39 Misdirection And Opaque Signals
13:33 Gold Vaults And BRICS Pay
20:02 Russia Comments And Treasury Risk
26:47 Gold Decade And Hong Kong Exchange
30:58 BRICS Metals Exchange Next Phase
33:52 China Presidency And What Next
35:13 BRICS Trade Rails
35:36 Putin Mocks G7
37:12 America Loses Trust
39:11 Gold Repatriation Signals
42:29 Why Move Gold Now
45:05 Venezuela Energy Gambit
49:04 Pipelines Versus Drones
53:50 Proxy War Goes Space
57:17 Bessent Dollar Defense
59:24 Five Year Monetary Shift
01:01:32 Assets Over Cash
01:03:35 Multipolar Gold Future
01:04:26 Final Wrap And Thanks