Ecconomist’s “News and Veiws” Wednesday 10-11-2023


BRICS Update: Special Episode – Robert Kiyosaki, Andy Schectman


In this podcast episode, host Robert Kiyosaki welcomes special guest Andy Schectman, an expert in gold and silver investing. They delve into the importance of understanding the value of real money, such as gold and silver, and the risks associated with relying on fake money.

They discuss Gresham’s law and its implications, emphasizing the need for financial education and investing in assets like gold and silver.

They also touch on global affairs, including tensions between Hamas and Israel, China’s interest in Taiwan, and North Korea’s involvement.

 Schectman highlights China and India’s increasing acquisition of gold and silver, while Kiyosaki expresses concern about people’s lack of awareness and encourages investing in tangible assets.

The conversation also covers the geopolitical implications of the Taliban’s control over Afghanistan and the concept of country risk.

Schectman argues that the current global situation, combined with excessive money printing by the United States, is unsustainable and will lead to a collapse of the entire system.

What Happens When Major Currencies Start to Fail? – Lyn Alden (Pt 2/2)

Kitco News:  10-11-2023

(Part 2/2): Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, interviews Lyn Alden, Founder of Lyn Alden Investment Strategy, who says the price of money in the U.S. is controlled by 12 people.

Alden discusses the opaque process of setting monetary policy in the U.S. and its global impact.

She weighs in on BRICS developments and the latest de-dollarization trends. Alden also explores the idea of the Bitcoin and gold standards.

00:00 – Intro

01:04 – The 12 people who decide ‘the price of money’

 07:15 – Fed outlook 09:33 – Economy

12:40 – BRICS and de-dollarization update

18:33 – Price of gold

21:21 – Stablecoins and adoption of Bitcoin

 23:44 – Bitcoin Standard, Gold Standard

31:11 – Money as a ledger

35:59 – Are we as far along as Satoshi Nakamoto thought we would be?

 Watch Part 1 here:

CBs Know What’s Coming…Do You? | Andy Schectman

Liberty and Finance:  10-11-2023

Preparation for financial chaos is more necessary now than ever, says Andy Schectman, CEO & president of Miles Franklin. He explains how economic, financial, and geopolitical trends are signaling a crisis is ahead.

Traditional financial instruments may not be as safe as many believe, he notes, and points to the need to hold assets outside the financial system.