Beyond Dollar: Gold's Global Rise
Image Source: Unsplash
In this short clip, Samantha LaDuc and Craig Shapiro discuss the relationship between gold, global trade, and currency dynamics, highlighting gold's resurgence as a significant asset in international trade, particularly with countries like China, India, and members of the BRICS alliance moving away from US treasuries in favor of gold.
They delve into the geopolitical and economic implications of these shifts, including the impact on the US dollar's status and treasury market. The conversation touches on recent trends in the trading and valuation of gold against various currencies, suggesting a broader move towards gold as a neutral reserve asset and discussing the strategic financial maneuvers by countries in response to these changes.
Video Length: 00:11:05
More By This Author:
Silver Is Mispriced And Still In Play
Macro-To-Micro Power Hour: The Fed On Pause But Inflation Is Not
The Fed On Pause But Inflation Is Not