Liberty and Finance, Released on 9/6/23
Demand for US debt is waining and many nations are moving away from the Dollar. The expansion of the BRICS coalition is another blow to dollar dominance as Saudi Arabia joins. The decline of the Dollar is now a mathematical certainty, says Matthew Piepenburg from Matterhorn Asset Management.
2:30 BRICS expansion
7:45 US debt demand
33:23 Last thoughts
37:39 Miles Franklin
Matthew Piepenburg began his finance career as a transactional attorney before launching his first hedge fund during the NASDAQ bubble of 1999-2001. Thereafter, he began investing his own and other HNW family funds into alternative investment vehicles while operating as a General Counsel, CIO and later Managing Director of a single and multi-family office. Matthew worked closely as well with Morgan Stanley’s hedge fund platform in building a multi-strat/multi-manager fund to better manage risk in a market backdrop of extreme central bank intervention/support. The conviction that precious metals provides the best protection against potential systemic risk led Matt to join Matterhorn Asset Management. Read Piepenburg’s writings here: https://goldswitzerland.com/author/ma…