Robert Kiyasaki, Andy Schectman and Harry Dent 3-21-2023
New Global Reserve Currency - SPECIAL EPISODE - Robert Kiyosaki, Andy Schectman
Watch part 2 of a very important discussion with Andy Schectman of Miles Franklin, and find out what Mexico joining BRICS means for the future of the new global reserve currency.
Andy Schectman, CEO of Miles Franklin Precious Metals Investments, explained in a recent interview that the five leading emerging economies — Brazil, Russia, India, China, and South Africa, collectively known as BRICS nations — are “coalescing against the dollar.”
Schectman believes that since 2022, de-dollarization “seems to be spinning much, much faster.” Schectman expects a large portion of the world to abandon the U.S. dollar and he also predicts a “tsunami of inflation.”
With rising inflation, Schectman suggests that the interest rate set by the U.S. Federal Reserve will continue to rise and a “collapse” in asset prices will soon follow.
Crash About To Get MUCH Worse | Harry Dent
Liberty and Finance: 3-21-2023
Best-selling author Harry Dent says a downturn is exactly what the economy needs after it has been artificially propped up by easy money policy over the last decade.
A market crash started over a year ago and the next wave down is approaching within a couple months, he forecasts.
He expects a 50% decline in housing. Gold will fall to $1000, he says. Amid such a crash of almost every financial asset, huge buying opportunities will exist.
He discusses what his favorite sectors will be after the crash.