It Would Be 'Really Foolish' to Underestimate Gold-Backed BRICS Currency: Andy Schectman

CEO of Miles Franklin Precious Metals Andy Schectman discusses the progress that the BRICS nations have made with their move towards a gold-backed currency, and what that means for the geopolitical landscape and the gold price in the years ahead. Andy also provides an update on what he's seeing in regards to the global supply of gold and silver, along with notable inventory drawdowns on the COMEX.

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Miles Franklin Precious Metals: https://milesfranklin.com
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00:00 Introduction
00:41 Continued Growth of BRICS
04:27 How Realistic is the BRICS Currency?
12:17 Central Bank Gold Buying Accelerates
16:31 COMEX Gold & Silver Inventories
21:44 AI Mania in the Stock Market
25:28 Gold-Backed CBDC

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