Petrodollar Collapse Accelerating in 2024, The Fuse Has Been Lit - Andy Schectman

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  • เผยแพร่เมื่อ 4 พ.ย. 2024

ความคิดเห็น • 2.4K

  • @kitco
    @kitco  10 หลายเดือนก่อน +70

    Swan Bitcoin - Swan Private - Go beyond legacy finance 👉 www.swan.com/wealth

    • @kevintewey1157
      @kevintewey1157 10 หลายเดือนก่อน +14

      " I started with nothing"
      😂 except good eyes and reasonable math ability.
      I most of the time people these Rags to Riches stories don't pan out

    • @kevintewey1157
      @kevintewey1157 10 หลายเดือนก่อน +1

      Using half truth is not playing The Devil's Advocate it's being obstinate and annoying

    • @mirsadzimic7519
      @mirsadzimic7519 9 หลายเดือนก่อน +2

      Hahaha hahaha

    • @chicho157
      @chicho157 9 หลายเดือนก่อน

      The world wont accept any war of you anymore

    • @jaswindersian3159
      @jaswindersian3159 9 หลายเดือนก่อน +3

      The US really needs to revisit ALL FUNDANENTALS to strengthen the nation.

  • @Hannahbenowitz
    @Hannahbenowitz 4 หลายเดือนก่อน +164

    Our economy struggling with uncertainties, housing issues, foreclosures, global fluctuations, and pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.

    • @PennyBergeron-os4ch
      @PennyBergeron-os4ch 4 หลายเดือนก่อน +4

      With the US dollar losing value to inflation and other currencies gaining traction, uncertainty looms. Yet, many still trust in the Dollar's perceived safety. Worried about my $420,000 retirement savings losing value, I seek alternative security for my money.

    • @JosephineKenney
      @JosephineKenney 4 หลายเดือนก่อน +2

      I wholeheartedly concur, which is why I appreciate giving an investment coach the power of decision-making. Given their specialized expertise and education, as well as the fact that each and every one of their skills is centered on harnessing risk for its asymmetrical potential and controlling it as a buffer against certain unfavorable developments, it is practically impossible for them to underperform. I have made over 1.5 million dollars working with an investment coach for more than two years.

    • @HildaBennet
      @HildaBennet 4 หลายเดือนก่อน +2

      this is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation

    • @JosephineKenney
      @JosephineKenney 4 หลายเดือนก่อน +1

      Her name is Sonya Lee Mitchell. Hope that helps

    • @HildaBennet
      @HildaBennet 4 หลายเดือนก่อน +2

      I appreciate it. After searching her name online and reviewing her credentials, I'm quite impressed. I've contacted her as I could use all the help I can get. A call has been scheduled.

  • @jondunn1980
    @jondunn1980 10 หลายเดือนก่อน +77

    Andy is a wealth of knowledge. Bring him back often please.

    • @kknudsen4907
      @kknudsen4907 3 หลายเดือนก่อน

      Real people don’t talk like this.. this is a bot or a Chinese.

  • @jimsmith5502
    @jimsmith5502 10 หลายเดือนก่อน +212

    You don’t hear our politicians talking about people leaving the dollar. Mmm I wonder why.

    • @tasreasfatemsa8266
      @tasreasfatemsa8266 10 หลายเดือนก่อน +18

      They get paid only when they are in seat,therefore their job is working hard to keep their seat,nothing else.

    • @kirstinstrand6292
      @kirstinstrand6292 10 หลายเดือนก่อน +4

      Maybe the question is how many are eager to load up on more?
      We'll see.

    • @teoeehuat8742
      @teoeehuat8742 10 หลายเดือนก่อน +13

      Majority of them are hiking their head under the sand.

    • @GORILLA_PIMP
      @GORILLA_PIMP 10 หลายเดือนก่อน

      Because the usa has more "FREEDOM" to spread to other countries!!

    • @Umbrella_TV
      @Umbrella_TV 10 หลายเดือนก่อน +8

      If the U.S Politicans were smart they would at least "partially" join in on the BRICS trend.

  • @Precious05b
    @Precious05b 9 หลายเดือนก่อน +72

    I do agree America needs to stop the bullying.

    • @DAVIDMAINORD
      @DAVIDMAINORD 5 หลายเดือนก่อน +7

      WE NEED TO STOP FIGHTING OTHER PEOPLES WARS AND STOP EMRACING IGNORINCE!

    • @acatrica4074
      @acatrica4074 5 หลายเดือนก่อน

      Bullying is laser problem, the US should stop stealing from others!

    • @Manutvei
      @Manutvei 5 หลายเดือนก่อน +1

      26:42 26:46 😅

    • @goldcic
      @goldcic 5 หลายเดือนก่อน

      J

    • @keithkantrowitz7591
      @keithkantrowitz7591 4 หลายเดือนก่อน +1

      Need to focus on America 🇺🇸

  • @mttaylor129
    @mttaylor129 9 หลายเดือนก่อน +9

    No one can be uninformed about crucial world economic issues after watching Michelle Makori draw out Andy Schechtman’s analysis on the matter. I try not to miss any videos of you two together discussing, hammering out the issues. Michelle does her homework and respectfully puts it in the table, including taking the time to define the relevant terms and phenomena. Andy shares his latest and thorough analysis of building shifts (or at least challenges) in world economic hegemony. And reminds us of the danger of ignoring logarithmic decay - “little by little, then all at once,” as Hemingway is said to have said.

    • @Eric-is1jt
      @Eric-is1jt 6 หลายเดือนก่อน +1

      We are right where many people think we would be with an over spending,over legislating,underutilized ɓureaucracy,too big to do muchmore than fail unfortunately.😢😮

  • @jakeharvey8813
    @jakeharvey8813 10 หลายเดือนก่อน +171

    Andy is an inspiration for being so well minded that he can organize a million different details into one easily understandable argument. He is an alarm clock for the world. Way to go Andy we appreciate you!!

    • @carmichael3995
      @carmichael3995 9 หลายเดือนก่อน +5

      You mean the west right? Not the world

  • @LudwigVonFriedman
    @LudwigVonFriedman 9 หลายเดือนก่อน +73

    This has to be one of the best interviews in kitco ever, Schectman is absolutely brilliant

  • @Kamdeboo-kz7lo
    @Kamdeboo-kz7lo 10 หลายเดือนก่อน +480

    As a South African I believe the demise of the USD will be to the advantage of all other countries outside of the US, UK and EU. The demise of the dollar will also lead to the demise of the US military might which in turn will lead to a safer environment for all.
    No more sanctions against countries who dare challenge the narrative of the US.
    No more military attacks and invasions of countries by the US to plunder their resources.

    • @mr.invisible1400
      @mr.invisible1400 9 หลายเดือนก่อน

      Not so quick there..Yes the U.S. has done many illegal cruel things around the globe BUT... If you think that will bring nothing but peace and prosperity? China can take over the world they will try..

    • @SG-zh6ne
      @SG-zh6ne 9 หลายเดือนก่อน +31

      That's right!!!!

    • @DKK
      @DKK 9 หลายเดือนก่อน +13

      😂

    • @shots-shots-shotseverybody2707
      @shots-shots-shotseverybody2707 9 หลายเดือนก่อน +29

      The USA is down to #3 in the world in military power ranking

    • @minastern7501
      @minastern7501 9 หลายเดือนก่อน

      BS!
      Why don’t you talk about the real dictators and genociders as North Korea , China and Russia!
      How many people have killed including their own citizens!

  • @J.Smith-rc6wh
    @J.Smith-rc6wh 8 หลายเดือนก่อน +4

    Andy is a favourite with Kitco viewers for a reason. He is genuine, kind and patient, has taught us viewers a great deal, thank you as always Andy, all the best

  • @lachen7
    @lachen7 8 หลายเดือนก่อน +2

    A truly unbiased and objective discussion. A breath of fresh air. Unfortunately this will not be taken seriously by the American elite, who pulls the real strings.

  • @imusobo
    @imusobo 10 หลายเดือนก่อน +95

    Andy is brutally honest and sincerely objective. I appreciate his submissions, Kudos

    • @michael6303
      @michael6303 10 หลายเดือนก่อน

      Michelle cannot seem to understand that the world has had a gutsful of US weaponizing the dollar and bullying other nations by cutting them out of swift, putting sanctions on them, freezing or confiscating their foreign assets when countries do not aggree with them as in Russia’s case. BRICS was formed because of this. The petrodollar will cease to exist in the near future. Andy explains this so well!

  • @jamesprocario
    @jamesprocario 10 หลายเดือนก่อน +51

    Thanks Michelle and Andy for an informative discussion, nobody puts the pieces together better

  • @tomg4260
    @tomg4260 10 หลายเดือนก่อน +105

    Another great interview by Michelle. There are not many hour long videos I can stand to watch, but Michelle keeps the good questions rolling. Also a great job of moving the narrative along.

    • @kitco
      @kitco  10 หลายเดือนก่อน +5

      Thanks for your comments. Glad you found it informative!

    • @regularcustomer8285
      @regularcustomer8285 9 หลายเดือนก่อน

      " and you Shamoo? Like a regular " ..
      ☘ troubles? but modern love.. gets people to church on time. 🐬 s eee

  • @alfs3
    @alfs3 9 หลายเดือนก่อน +16

    People never ask who the US Government owes its debt to, but ask yourself how does a government that (supposedly) prints its own money create debt upon itself….

    • @walterwayne3081
      @walterwayne3081 7 หลายเดือนก่อน

      Yes so hyperinflation is done deal

    • @jabezireal1085
      @jabezireal1085 4 หลายเดือนก่อน

      America owes everybody and their mom money,Now nobody won't the toilet
      Paper and no longer can trust the USA, Bullies.

    • @jabezireal1085
      @jabezireal1085 4 หลายเดือนก่อน

      Greed!!!

    • @theislander-sj1kq
      @theislander-sj1kq 4 หลายเดือนก่อน +1

      The fractional reserve banking. DON'T GO NO FURTHER.

    • @stanleybarton
      @stanleybarton 3 หลายเดือนก่อน +2

      Our greatest debt holder is Japan. And Japan is in serious economic trouble of its own. Unlike some politicians would like to mislead you - we’re not very dependent on China for money as much as we are for the products that China produces.

  • @nanamohammed5126
    @nanamohammed5126 4 หลายเดือนก่อน +1

    I liked the facts Andy Schectman has answered numerous questions put by Michelle Makori in respect of world affairs ! Good one Andy !!

  • @DawnaRo
    @DawnaRo 9 หลายเดือนก่อน +49

    There are a lot of good prognosticators out there, but Andy has my respect and trust over all of them. He's speaking truth, not hype.

  • @88793333a
    @88793333a 10 หลายเดือนก่อน +63

    One of the most substantive discussion on the dollar and the rest of the world's views on the petrol dollar in a long time.

  • @LeonardVisser-g9u
    @LeonardVisser-g9u 10 หลายเดือนก่อน +30

    Thank you Andy for giving a true and honest assessment. Much appreciated.

  • @disndat1000
    @disndat1000 8 หลายเดือนก่อน +5

    You need to hear this man speak three sentences and know he is a man of integrity and values.

  • @lrmorrison999
    @lrmorrison999 7 หลายเดือนก่อน +3

    Faith in fairness in the US is in short supply worldwide, however the distrust of the US Government, building in the US population, is more concerning.

  • @richarderwin2369
    @richarderwin2369 10 หลายเดือนก่อน +53

    I Wish Everybody Would Watch This. Thank You Kitco News And Michelle Makori. An Excellent Interview With Andy Schectman.

  • @Lexman00
    @Lexman00 10 หลายเดือนก่อน +141

    Andy Schectman is an honorable man, I believe that 100%. Much appreciation to him for putting himself out there to help as many people as possible PRESERVER their wealth.

    • @regularcustomer8285
      @regularcustomer8285 9 หลายเดือนก่อน

      He was admirable, but to rock n roll, the river of green, will be glad to see you 👀

    • @parag-xu4sp
      @parag-xu4sp 9 หลายเดือนก่อน

      india russia is trading in inr, india uae started the same , china russia is doing it in yuan

    • @regularcustomer8285
      @regularcustomer8285 9 หลายเดือนก่อน

      @@parag-xu4sp shares in smock market will be looking for love in all the wrong places,
      George Through good

  • @Billfish57
    @Billfish57 10 หลายเดือนก่อน +134

    Andy is still the best interview. He's authentic.

    • @mc-lb9dk
      @mc-lb9dk 10 หลายเดือนก่อน +1

      but extremely stupid. i guess he lives in montana and has never left the state

    • @johnvandegraf2000
      @johnvandegraf2000 10 หลายเดือนก่อน +2

      no its not ,he is jurk ,goldcoin seller . ther is nopetrodollar crash ,becouse there is no petro dollar . thats goldcoin seller bullshit since 40 jears

    • @pastmyprime6330
      @pastmyprime6330 10 หลายเดือนก่อน +5

      @@mc-lb9dk Whatever you say Professor Bot..

    • @pastmyprime6330
      @pastmyprime6330 10 หลายเดือนก่อน +1

      English much?

    • @johnvandegraf2000
      @johnvandegraf2000 10 หลายเดือนก่อน +1

      @@pastmyprime6330 german and your secand language?

  • @SlaviDavi
    @SlaviDavi 9 หลายเดือนก่อน +5

    This guy is brilliant and has a really incredible awareness of global political geology.

  • @paulburgess872
    @paulburgess872 7 หลายเดือนก่อน +1

    Great interview, very intellectual and informative. Thanks again, regards paul

  • @sherrielatchford1314
    @sherrielatchford1314 10 หลายเดือนก่อน +27

    GREAT discussion! Andy is the best, and Michelle gives him a challenge with her questions. Very good!

  • @PaulbylPaulbyl
    @PaulbylPaulbyl 10 หลายเดือนก่อน +92

    One of the best interviews ever. Andy made so many educational and mind blowing valid points 🤯 I had to watch this video twice. And Michelle's informational bridging statements and intellectually stimulating "pokes" were out of this world. Great stuff and keep at it both of you!

    • @regularcustomer8285
      @regularcustomer8285 10 หลายเดือนก่อน

      I remember the sword 🐠 fish, reefer, and smoky waters.. " I was in love with the body"

    • @kitco
      @kitco  10 หลายเดือนก่อน +1

      Glad you enjoyed it

    • @regularcustomer8285
      @regularcustomer8285 10 หลายเดือนก่อน

      I come by to relax and get skinny. Heal my sore spots. Un Harpoon my fin please.
      Never... ☘ Never, try n close my 👀 s And try n sleep hehe

    • @constantquestioning4010
      @constantquestioning4010 9 หลายเดือนก่อน

      Absolutely agree
      🙏🏼🕯🕯🙏🏼

    • @regularcustomer8285
      @regularcustomer8285 9 หลายเดือนก่อน

      @@kitco there's new hands praying 🙏.. how do you get the prayer hands to open for gold ?
      We stop right here until this whole things CLEAR , ... forever.
      "

  • @erikavarga7060
    @erikavarga7060 10 หลายเดือนก่อน +30

    Andy is smart and genuine.

  • @ianshaw5088
    @ianshaw5088 9 หลายเดือนก่อน +2

    Loved every minute of listening to both of these two. I’ll be sharing this around.

  • @EZ-rs5zv
    @EZ-rs5zv 9 หลายเดือนก่อน +23

    Thank you to guest Andy Schectman for pointing out that mutual respect and understanding is required if peace is to be maintained with other countries. The USA has weakened itself by continuously waging unwise wars and can no longer bully the world into doing its bidding.

    • @alexlam3593
      @alexlam3593 4 หลายเดือนก่อน

      Do you. Guy buy Future for. adjusting

    • @keithzandes-1991
      @keithzandes-1991 4 หลายเดือนก่อน

      EXACTLY!

  • @typeorulz
    @typeorulz 10 หลายเดือนก่อน +197

    We already know the answer that the rest of the world sees we are a hypocritical bunch of criminals, regardless of how many of us little people are still pretty decent folks. 🤷

    • @gezin82
      @gezin82 10 หลายเดือนก่อน

      When it all goes bust will Americans live in shame and guilt as Germany and Japan did? We should be so humbled we should bow to every non American as a society for the pain we caused the world for at least 100 years. 😂

    • @villhelm
      @villhelm 10 หลายเดือนก่อน +27

      Our governments are
      For sure

    • @stephencunningham6557
      @stephencunningham6557 10 หลายเดือนก่อน

      Criminal cabal around Washington, London and Brussels.

    • @decoloniz_afro
      @decoloniz_afro 10 หลายเดือนก่อน +9

      Racism too has contributed plus enjoying on other people humiliation bye see you

    • @nolashiflett635
      @nolashiflett635 9 หลายเดือนก่อน +2

      Sad!

  • @cdkslakkend5742
    @cdkslakkend5742 10 หลายเดือนก่อน +234

    Wow, this guy makes more sense than anyone. He should be running the Fed, the Treasury, the Budget office and rewriting all the policies that distort value and earn trust.

    • @Hakuna_My_Tatas
      @Hakuna_My_Tatas 10 หลายเดือนก่อน +24

      Yeah no, abolish the fed.

    • @johnathannadeau3285
      @johnathannadeau3285 10 หลายเดือนก่อน +9

      Don't know about all that but Andy is very smart.

    • @trevanteturner9439
      @trevanteturner9439 10 หลายเดือนก่อน +8

      Facts he got knowledge

    • @luisangulo7722
      @luisangulo7722 10 หลายเดือนก่อน +2

      ​Nice

    • @saeedmustapha1334
      @saeedmustapha1334 10 หลายเดือนก่อน

      You have to be corrupt to head the fed.

  • @jawadbejja6910
    @jawadbejja6910 10 หลายเดือนก่อน +41

    Excellent dialogue and very insightful. Michelle asks the right questions, enabling an intellectual exercise where Schectman makes his arguments even stronger and clearer. One of the best interviews .

  • @franciscocoelho2071
    @franciscocoelho2071 8 หลายเดือนก่อน +3

    Outstanding guest. He is absolutely correct about the economic future of the world.

    • @kknudsen4907
      @kknudsen4907 3 หลายเดือนก่อน

      Real people don’t talk like this.. this is a bot or a Chinese.

  • @ScottGingrich-g6v
    @ScottGingrich-g6v 7 หลายเดือนก่อน +1

    Andy Speaks Truth

  • @jbl6338
    @jbl6338 10 หลายเดือนก่อน +29

    Great interview w/Andy. He is one of the experts on precious metals and I am glad to see that guys like him and Alisair Macleod are footstomping the point that the US is overstretching itself, and mettling too much in other countrie's affairs (45 min mark), and this is sth I wish more Americans understood. That is not to sound unAmerican but the contrary. Please have him on again, great interview.

  • @Jonnys00007
    @Jonnys00007 10 หลายเดือนก่อน +23

    When Andy speaks I listen . Love watching this guy present his information its really good

  • @fullofhope2222
    @fullofhope2222 10 หลายเดือนก่อน +17

    Andy is always EXCELLENT at breaking it down. Ive been watching this since Bid-en in Ukraine 2014.

  • @selwinpandinadan7540
    @selwinpandinadan7540 9 หลายเดือนก่อน +1

    Amen......Thanks❤ KITCO for displaying reasonings & sanity in real time.

  • @sjaw100
    @sjaw100 9 หลายเดือนก่อน +1

    One ofthe best commentators on BRICS development -- unbiased and knowledgeable

  • @Deal-withit
    @Deal-withit 10 หลายเดือนก่อน +68

    Great info thanks Andy. You have made it very clear why there will be a recession/depression triggered early 2025. The petrodollar is in the death throes. 20% of all oil sold in 2023 was NOT transacted in USD!?!. The US dollar is in big, big trouble. Demand for the USD will plummet. Printing USD will not be effective. Worst affected countries will be Japan, Germany, Canada, England and USA. GFC will look like a picnic in hindsight. How did Michael Berry predict the housing market crash of 2008 (the GFC)? He looked, we all better start looking.

    • @snakeplisken2123
      @snakeplisken2123 10 หลายเดือนก่อน

      All the countries that “they” are flooding with “refugees” and we are paying them from our social security.

    • @jimwhite7470
      @jimwhite7470 8 หลายเดือนก่อน +1

      The best interview/intelligent discussion I have listened to for a long time well done to you both Thank tyou very much

    • @do_duc8799
      @do_duc8799 8 หลายเดือนก่อน +1

      The repercussions already begun. Look at the lowered standard of living due to higher prices across the board..

  • @rogain662
    @rogain662 9 หลายเดือนก่อน +22

    Andy’s defense was superb.

  • @julians472
    @julians472 10 หลายเดือนก่อน +46

    Great interview Michelle! Andy is brilliant! Speaks the truth and very intelligent. I agree with him. Matthew Piepenburg would too!

    • @simonrowe3124
      @simonrowe3124 10 หลายเดือนก่อน +1

      Andy doesn’t ‘speak the truth’, he speaks his truth. The world is far to complex for any one person to be awarded the distinction of ‘speaking the truth’.

  • @trader8CTA
    @trader8CTA 9 หลายเดือนก่อน +3

    Great discussion and presentation, thx!

  • @ronaldmiller4997
    @ronaldmiller4997 8 หลายเดือนก่อน +1

    First time listener. This is an excellent understandable commentary.

  • @KnuckleSandwichMint
    @KnuckleSandwichMint 10 หลายเดือนก่อน +52

    I believe Andy is right. Time line is the question.

    • @demri123
      @demri123 10 หลายเดือนก่อน +2

      Bingo.
      All the people talking collapse were fundamentally correct in 2008. But here are 15 years later and all assets went to the moon EXCEPT gold and silver. So, the opportunity cost of waiting for the inevitable collapse has been huge

  • @colinbroos5176
    @colinbroos5176 10 หลายเดือนก่อน +14

    Michelle and Andy thank you for a great open conversation around BRICS.

  • @scottylew
    @scottylew 10 หลายเดือนก่อน +22

    Refreshing to hear business people from the US being honest in the changing future multipolar world.

  • @Creative1615
    @Creative1615 8 หลายเดือนก่อน +2

    BRAVO ANDY!

  • @panneethiengburanathum300
    @panneethiengburanathum300 9 หลายเดือนก่อน +1

    Thanks!! Both​ of​ You​ make​ everyday​ a​Thanks​giving​ Day​!!

  • @michaelbrady4520
    @michaelbrady4520 10 หลายเดือนก่อน +45

    Andy is spot on the money!!! Excellent show!

  • @hendriklombard2254
    @hendriklombard2254 10 หลายเดือนก่อน +24

    Most informative interview and so well timed!! Thanks Michelle!!

    • @regularcustomer8285
      @regularcustomer8285 10 หลายเดือนก่อน

      Once they must have left the lights go out in Georgia.. that was the night that they hung an innocent little red corvette.

  • @dennisbalgobin461
    @dennisbalgobin461 9 หลายเดือนก่อน +35

    I agree with Andy Schectman 100%.

    • @JD-wu9li
      @JD-wu9li 7 หลายเดือนก่อน

      🤣

  • @lamartinierelaguerre9554
    @lamartinierelaguerre9554 6 หลายเดือนก่อน +1

    I think that a CBDC would compromise everything, even the right to vote.

  • @horsewhisperer3708
    @horsewhisperer3708 9 หลายเดือนก่อน +1

    Kudos, Mr. Shechtman!

  • @ronrussenberger5085
    @ronrussenberger5085 10 หลายเดือนก่อน +21

    This man is incredible

  • @smiley8881239
    @smiley8881239 10 หลายเดือนก่อน +21

    This was an outstanding interview!

  • @janetwhitney233
    @janetwhitney233 10 หลายเดือนก่อน +16

    Thank you Michelle and Andrew. Very informative.

    • @regularcustomer8285
      @regularcustomer8285 10 หลายเดือนก่อน

      The last words between these two, was baby, your much too fast.

  • @willibaldkothgassner4383
    @willibaldkothgassner4383 6 หลายเดือนก่อน

    Thank you for this -even for non nativ speakers - easy to understand and follow interview!

  • @winstonwood27
    @winstonwood27 9 หลายเดือนก่อน +1

    A great discussion. Applaud

  • @toddcofer6491
    @toddcofer6491 10 หลายเดือนก่อน +17

    Thank you both for this powerful content. Andy you are a Hero.

  • @stevetaffy8780
    @stevetaffy8780 10 หลายเดือนก่อน +84

    Andy speaking the absolute truth on the history of the dollar . World is sick n tired of it

    • @tonytaylor4545
      @tonytaylor4545 10 หลายเดือนก่อน +3

      You are getting sick k & tired of it....please just speak for yourself.

    • @audleymclean2168
      @audleymclean2168 10 หลายเดือนก่อน +5

      It's not really sick and tired of it but rather sick and tired of how it is used to caused many Countries poverty striken in spite of having valuable minerals and raw material. minera

    • @WhiteWolfos
      @WhiteWolfos 9 หลายเดือนก่อน

      ​@@audleymclean2168 from several studies they would be also sanctioned essentially replaced by the other countries if it switches and they have less protection against slavery including child slavery. It would be worse than poverty because of introduction of more machines to mine minerals and treat those people like dirt.

    • @draymond5067
      @draymond5067 9 หลายเดือนก่อน

      Weaponising the dollar has backfired. The world is saying no more

    • @foilrider2000
      @foilrider2000 9 หลายเดือนก่อน

      ​@@tonytaylor4545world opinion, he's right

  • @johnhemphill1938
    @johnhemphill1938 10 หลายเดือนก่อน +89

    The UAE isn't going to take US Dollars any more! This is very, very serious. The Petrol Dollar is coming to an end

    • @nejnej4676
      @nejnej4676 10 หลายเดือนก่อน +3

      the oil industry is dying.

    • @mikomiko993
      @mikomiko993 10 หลายเดือนก่อน +7

      ​@@nejnej4676 in west, but we need it in East and that will keep the value of oil high. After all we hv the most consumers.

    • @SureshMenon-c9x
      @SureshMenon-c9x 10 หลายเดือนก่อน +16

      Once Petrol Dollar era ended, American has to do real work for earning bread and shelter.

    • @rickwilliams1204
      @rickwilliams1204 10 หลายเดือนก่อน +2

      Thank God for Guyana

    • @Vikingpoints
      @Vikingpoints 10 หลายเดือนก่อน

      lol there is an over abundance of oil. And the US is crushing opec by simply producing more. There is a ton of oil that isn’t even tapped. Fossil fuels are dying. Sorry but as the petro dollar ends, so does petrol. Leave it to countries that are low tech to come up with low tech ideas

  • @SIsluc
    @SIsluc 8 หลายเดือนก่อน +1

    Amazing discussion

  • @constantquestioning4010
    @constantquestioning4010 9 หลายเดือนก่อน +1

    Superb prescient analysis
    Spot on 👌
    Thank you
    Paris
    🙏🏼🕯🕯🙏🏼

  • @rogerburn5132
    @rogerburn5132 10 หลายเดือนก่อน +21

    Andy as Always is Absolutely Brilliant Always 👍👍👍👍

  • @snookiparks
    @snookiparks 10 หลายเดือนก่อน +46

    Our leaders need to stop, they are so narcissistic. Throwing our weight around, when we have lost lots of “pounds”, does not turn others countries towards us, turns them away. We have got so so many huge problems.

    • @eboo925
      @eboo925 9 หลายเดือนก่อน

      No these countries aren't turning away from us countries are giving us all their poor people millions and millions of poor people= crime.😮😮😮

    • @davidzoppa6929
      @davidzoppa6929 9 หลายเดือนก่อน

      The only problem the West has is their politicians

    • @bobbobertson6249
      @bobbobertson6249 8 หลายเดือนก่อน +1

      The problem is
      Stop calling them our leaders ok

    • @chrisyates8115
      @chrisyates8115 8 หลายเดือนก่อน

      Criminal corrupt demons​@@bobbobertson6249

  • @ytujackclough
    @ytujackclough 10 หลายเดือนก่อน +87

    I no longer trust our government. I worry for my children, my grandchildren, and future generations. Our country has evolved from America into "Amerika" and it sucks!

    • @ambconstrucao3770
      @ambconstrucao3770 9 หลายเดือนก่อน

      Don't worry, you are a super power and you can use that to bullshit through election and star a new war and make money for the children and grandchildren, or you can print more money out of nothing.
      The children will be fine with all funds from accounts frozen from the countries sanctioned. 😂😂😂

    • @paxwallace8324
      @paxwallace8324 9 หลายเดือนก่อน +8

      You mean Corporate Amerika ie Black Rock. Wall Street the MIIC corporate complex.

    • @johnchiu7581
      @johnchiu7581 9 หลายเดือนก่อน +4

      AmeriKKKa!

    • @DerrickLanders-bg8wc
      @DerrickLanders-bg8wc 9 หลายเดือนก่อน

      Well, run for office or propose legislation to your Representative(s)... really tired of you whiny people.

    • @CharlesRylance
      @CharlesRylance 9 หลายเดือนก่อน +7

      Bye bye American pie.

  • @shoestringfarm
    @shoestringfarm 9 หลายเดือนก่อน +1

    Superb, intelligent journalism. More of journalists like Michelle please. Keep up the good work.

  • @roslyntchakedjian927
    @roslyntchakedjian927 9 หลายเดือนก่อน +2

    Thank you excellent discussion
    Good Day 🇦🇺

  • @dewasw1
    @dewasw1 10 หลายเดือนก่อน +27

    This guest delivers a wealth of information about the future direction of money. Ignore at you own peril. Also, there is no doubt in my mind about his integrity - he is spreading the word so you can save yourself.

    • @warrenjackson8122
      @warrenjackson8122 9 หลายเดือนก่อน +1

      There's no saving for the wicked it's judgement

  • @sewnsew6770
    @sewnsew6770 10 หลายเดือนก่อน +19

    Michelle is a great interviewer

  • @allaboutstress
    @allaboutstress 10 หลายเดือนก่อน +14

    Great conversation. Thank you both

  • @alfredoddiaz8306
    @alfredoddiaz8306 8 หลายเดือนก่อน +1

    Amazing interview!!!

  • @skip-intros
    @skip-intros 6 หลายเดือนก่อน

    Excellent interviewing, Michelle. Great guest. Great follow-up probing. You are the tip of the sword 🤝🏻

  • @sarahkhan2310
    @sarahkhan2310 9 หลายเดือนก่อน +13

    With a massive 34 trillions debt and everything is collapsing in the uS. Holding on to the dollar and bonds is a death trap

  • @mckennah8586
    @mckennah8586 10 หลายเดือนก่อน +8

    Whew, Andy makes some very compelling arguments as to why/how we come to today's oil battle for superiority.
    Great discussion!

  • @BrianSteck
    @BrianSteck 9 หลายเดือนก่อน +8

    Great show, Michelle. Thanks for trying to poke holes in the arguments. It adds validity to the perspective.

  • @rbsentertainment
    @rbsentertainment 4 หลายเดือนก่อน

    hey i just found this channel... So much good information!!!

  • @wahtonglee
    @wahtonglee 4 หลายเดือนก่อน +1

    Why hasn’t countries questioned why “USD reserve currency” has and is being used by US government to print more paper USD paying national debt. Worse, devaluation USD currency causing worldwide inflation!
    Throughout history currencies evolves and changes caused mostly from corrupt practices, rather less from economic reasons.
    Back to gold as backup, when USD currency no longer becomes stable and reliable

  • @paulmicks7097
    @paulmicks7097 10 หลายเดือนก่อน +25

    Great discussion Michelle & Andy , all folks in US better follow and understand this topic because of the various actions and events in the next few years could change the world for the better , or cause others to destroy it.

  • @shanecoleman7809
    @shanecoleman7809 10 หลายเดือนก่อน +12

    This man is real

  • @Townsonbck
    @Townsonbck 10 หลายเดือนก่อน +13

    Great interview. Love Adny. 👍🏻

  • @chandaryoung2074
    @chandaryoung2074 9 หลายเดือนก่อน +1

    Love Andy's views. The Feds should be ashamed of the way they are running the country's financial affairs. They should be fired.

  • @Alton-sw4wh
    @Alton-sw4wh 6 หลายเดือนก่อน

    Great show Andy and Michele!!!!

  • @Luke1959
    @Luke1959 10 หลายเดือนก่อน +11

    Great report, great guest! Thanks Michelle

  • @PeonyandRoses
    @PeonyandRoses 10 หลายเดือนก่อน +14

    The most amazing interview!
    Thank you Michelle and team at Kitco News!

  • @robinownhouse9144
    @robinownhouse9144 10 หลายเดือนก่อน +21

    This man speaks facts,unfortunately the political and economic elites in the West won't listen.

    • @foilrider2000
      @foilrider2000 9 หลายเดือนก่อน +1

      Same with EU

  • @octavian6323
    @octavian6323 8 หลายเดือนก่อน +1

    Great interview! Great guest

  • @curiousboy88
    @curiousboy88 9 หลายเดือนก่อน +2

    Great video.

  • @Deal-withit
    @Deal-withit 10 หลายเดือนก่อน +15

    Andy you are waxing lyrical! Your information, clarity and thought process iis second to none!

  • @oumarseck20
    @oumarseck20 10 หลายเดือนก่อน +10

    Great interview

  • @abelardo1920
    @abelardo1920 10 หลายเดือนก่อน +12

    great interview. Congrats to both of you. Andy verbalized my belief bitcoin and gold are both good ways to guard against the inevitable demise of the corrupt $US.

  • @BehruzAlmassian
    @BehruzAlmassian 8 หลายเดือนก่อน

    Excellent ,competent , knowledgeable gust. Thank you

  • @lyingdogfaceponysoldier5003
    @lyingdogfaceponysoldier5003 10 หลายเดือนก่อน +72

    Expansion of BRICS seems steady and solid. Moving forward like clockwork. Degradation of US dollar is disconcerting.

    • @gregorygreene1940
      @gregorygreene1940 10 หลายเดือนก่อน +7

      BRICS is 14 years old with nothing to show for it.

    • @lyingdogfaceponysoldier5003
      @lyingdogfaceponysoldier5003 10 หลายเดือนก่อน +34

      ​@@gregorygreene1940little by little, then all at once.

    • @derektomlinson6514
      @derektomlinson6514 10 หลายเดือนก่อน +1

      In my opinion Brics will have a equivalent to the NATO article five, it hasn't been stated but it will have to be made regardless If its broadcast or not for the safeguard of the institution.

    • @JCSY1
      @JCSY1 10 หลายเดือนก่อน +11

      @@lyingdogfaceponysoldier5003 Starting from 2024, almost certainly it won't be little by little anymore. It will accelerate much much faster vs previously.

    • @JCSY1
      @JCSY1 10 หลายเดือนก่อน

      @@gregorygreene1940 Smart people plan strategically with patience and when they strike it will be extremely precise and deadly. Things will accelerate very fast from this year onwards. That is the real true facts although hardcore pro US and western supporters does not want to believe it.

  • @stereomtl9001
    @stereomtl9001 10 หลายเดือนก่อน +9

    Andy is awesome and in tune with the times

  • @donaldnord2895
    @donaldnord2895 9 หลายเดือนก่อน +10

    Andy Schectman is absolutely bang on! Gold and Silver is real money....has been for the last 5000 years!
    Money must be backed with something of real value...money is just paper or an electronic displayed number.

    • @rodytan6832
      @rodytan6832 8 หลายเดือนก่อน +1

      Absolutely Right US has Printed so much Green Money

  • @comment2250
    @comment2250 4 หลายเดือนก่อน

    Michelle is a great interviewer, period.

  • @kimsiemlee7271
    @kimsiemlee7271 9 หลายเดือนก่อน +20

    Excellent discussion. Congrats Michele and Andy. As more and more countries join BRICS there will be more and more people coming together to share commmon purpose and objective . This will lead to greater symbioyic relationship between nations to build a better wotld. Also the volume of synergistic opportunities will increase dramatically over time for growing number of people to make and enjoy a better life. As more countries join BRICS a critical mass will be reached one day then suddenly flip the switch to shut down USD for good. At the least USD will not be used for trade and investment among BRICS+ countries