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 http://www.santiagocapital.com/.

  brent johnson, dedollarization, gold, us dollar