Kitco News, Released on 6/22/23

The U.S. dollar will spike in a ‘violent’ global debt crisis, says Brent Johnson, Founder and CEO of Santiago Capital. Speaking with Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, Johnson explains why ‘there is no alternative to the U.S. dollar,’ even amid de-dollarization trends and the threat of a BRICS global reserve currency. Johnson explains the implications of his ‘Dollar Milkshake’ thesis for the dollar, equities, real estate, and gold.

0:00 – De-dollarization trends
5:25 – Dollar Milkshake Theory
14:43 – Alternatives to U.S. dollar
21:22 – Bilateral trade agreements
24:32 – Dollar will spike
28:01 – U.S. military might
32:44 – The dollar will be dethroned
35:03 – BRICS reserve currency
38:25 – Gold
43:48 – Central bank digital currencies
47:20 – Investment implications
50:13 – Fed policy and banking crises

Brent Johnson is the CEO of Santiago Capital. Brent brings twenty five years of experience in the financial markets to his position as CEO of Santiago Capital where he manages the portfolios of high net worth individuals and families via separate accounts and private funds. Brent worked more than nine years as a Managing Director at BakerAvenue, a $2 Billion Asset Manager and Wealth Management firm. Before joining BakerAvenue, Brent spent nine years at Credit Suisse in their private client group. He joined Credit Suisse in the fall of 2000. Earlier in his career, Brent was a financial auditor for Philip Morris Management Company in New York City.

  brent johnson, dedollarization, gold, us dollar