Economic Thoughts From Peter Grandich and Sean Foo 5-13-2023
Gold Demand To DEFEAT Paper Market As Banking Crisis Worsens | Peter Grandich
Liberty and Finance: 5-13-2023
Metals have been rallying for a couple months, and now pulling back slightly. When silver and gold prices drop, physical demand typically increases.
With the ongoing banking issues and dedollarization, Peter Grandich sees the physical market taking over.
0:00 Intro
1:30 Metals pullback
8:37 Banking issues
15:45 Commercial real-estate
20:50 Fed policy
23:15 Spirital warfare
They Really Did It! | The U.S. Confiscates Russian Assets
Sean Foo: 5-13-2023
The US has confiscated the assets of a Russian oligarch for transfer to Ukraine. This has set up a precedent where the next move could be to fully confiscate Russia's central bank assets.
This move will only accelerate the de-dollarization process as countries like China begin to worry about storing their assets in the West.
Here's what you must know!
Timestamps & Chapters:
0:00 US Confiscates Oligarch's Assets
1:56 Russian Money Is Trapped
4:20 The Unthinkable Could Happen
6:29 De-Dollarization Will Escalate Again
9:07 Welcome To De-Globalization