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"They Are Going To Destroy The Dollar" | Andy Schectman
Andy Schectman discusses recent global financial developments, focusing on the growing shift away from the U.S. dollar. He highlights the operational status of the Shanghai Gold Exchange's international platform, which now allows direct gold-for-yuan settlements—bypassing the need for dollar conversion. He explains how Chinese institutions, including insurance companies, are increasing gold allocations, with projections that could soon consume the world’s entire annual gold supply. Schectman details the expansion of BRICS Pay and BRICS Bridge, emphasizing their integration into global trade infrastructure and compliance with AML, KYC, and KYT standards. He warns of an intentional destruction of the dollar through inflation, predicting a future where gold is revalued and pegged to long-term U.S. debt to restore trust and stability.
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INTERVIEW TIMELINE:
0:00 Intro
1:27 BRICS update
20:14 Gold/silver market
27:00 Dollar destruction & gold revaluation
36:00 Platinum market
45:30 Weekly specials
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