Stansberry Research, Released on 6/3/22
On a relative basis, “the U.S. dollar has started to rise, and for various reasons that causes a lot of problems,” asserts Brent Johnson, Santiago Capital Founder, and CEO. He tells our Daniela Cambone that the dollar’s trajectory, “will eventually lead to a currency crisis, and we may be in the early stages of that now.” Central banks around the world are in a similar situation to the Bank of Japan by wading pressures from a strong dollar, Johnson states. The BOJ is really stuck, “they need to raise rates in order to protect their currency, but they can’t raise rates because then you get a banking system crisis,” he surmises. Johnsons speaks on the impending, “Great Reset,” saying, “whoever is in charge will have the biggest say in what system comes next, but it’s still a few years down the road.” He makes a strong case for owning precious metals in this environment, concluding that, “there isn’t anything more-long term bullish for gold than a strong dollar.”
Brent Johnson is the CEO of Santiago Capital http://www.santiagocapital.com/.
Perhaps this time individual nations will begin to become more and more independent, and collectively they simply drift away to other forms of settlement.