Dollar Losing Trust Globally; Gold Is Taking Over | Matthew Piepenburg

The only way out of the US debt problem is to sacrifice the currency, says Matthew Piepenburg, partner at Von Greyerz AG. Dedollarization is accelerating, and countries around the world are accumulating gold at a rapid pace. Piepenburg has been skeptical that the BRICS will develop a gold currency. He says the BRICS nations do not have to have a gold currency to use gold in trade.

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INTERVIEW TIMELINE:
0:00 Intro
1:30 Dedollarization
6:34 Petrodollar
14:43 Gold price
21:25 Inflation
32:12 Piepenburg online
33:40 Weekly specials
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