Silver Bullion TV, Released on 12/3/24

Dr. Marc Faber, also known as Dr. Doom goes over the recent banter of 100% BRICS tariffs. What could these tariffs mean and what would the possible fallout be? Also Dr. Faber makes it very clear that in everything that is going on, we must understand how our money is being destroyed. You wont want to miss this episode of Silver Bullion Television SBTV with Dr. Faber.

00:00 Introduction
02:12 100% Tariffs on BRICS
03:18 Is the U.S. in a position of power to give an ultimatum?
03:44 BRICS currency or USD for resource rich Africa and emerging economies?
04:45 Will there be a U-turn on de-dollarization?
06:25 Avoid tariffs at all cost
06:58 Currency war?
08:14 We are at a major turning point in asset markets
10:56 What will back the USD after oil and the petrodollar?
12:10 Currency is a risk
14:05 The important role of gold
16:11 Too many people benefit from money printing
18:18 Standard of living
19:51 The temptation to hold cash
20:25 Discipline and the gold price
22:04 Strategic national Bitcoin stockpile
28:05 Platinum

Dr. Marc Faber was born in Zurich, Switzerland and obtained a PhD in Economics at the University of Zurich. Between 1970 and 1978, Dr. Faber worked for White Weld & Company Limited in New York, Zurich and Hong Kong. From 1978 to February 1990, he was the Managing Director of Drexel Burnham Lambert (HK) Ltd. In 1990, he set up his own business, Marc Faber Limited which acts as an investment advisor and fund manager. Dr. Faber publishes a widely read monthly investment newsletter, “The Gloom Boom & Doom Report,” which highlights unusual investment opportunities, and is the author of several books including Tomorrow’s Gold: Asia’s age of discovery which was a best seller on Amazon. Dr. Faber is known for his “contrarian” investment approach and charismatic personality. He became infamous after calling the 1987 crash in US equities.

  BRICS, gold, investing, tariffs, Trump