Kitco News, Released on 11/16/23
For Part 2 of this interview, CLICK HERE
Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, interviews George Gammon, investor and macroeconomics expert, who agrees with new bank reports that an Orwellian-like central bank digital currency (CBDC) could be between three to five years away depending on what crisis is next. Gammon warns about the dangers of a CBDC and suggests that one could be sneaked in secretly in the U.S. He also discussed his base case for de-dollarization and the potential 1970s scenario. Stay tuned for Part 2!
00:00 – Intro
01:11 – CBDCs 101
11:40 – Rollout plans
15:46 – FedNow
16:50 – CBDC: 3-5 years away
27:48 – CBDCs and dollar as reserve currency
42:12 – Dollar outlook
01:00:30 – Tokenization and CBDCs
01:04:37 – Why is gold a way to protect yourself
George Edward Gammon is an American real estate investor and entrepreneur. He produces and stars in a popular YouTube Channel. Prior to 2012, George started, owned, and operated multiple businesses ranging from conventions to advertising. The last growing to 24 million in annual revenues and over 100 employees. After 12 years as a successful entrepreneur, at the age of 38, George semi retired and shifted his focus to real estate, where he has remodeled and flipped 40+ properties in and out of the United States. Recently focusing on Medellin, Colombia. He controls a multi million dollar real estate portfolio which focuses on buying distressed properties, remodeling, and selling or renting. Currently, in addition to running his real estate investments, George produces “George Gammon“, a YouTube Channel that will help you build and protect wealth through investing, real estate and an extreme dose of the economic RED PILL. More of his work can be found at www.georgegammon.com.