Wealthion, Released on 2/28/22
With the world issuing new economic sanctions on Russia following its current incursion into Ukraine, the value of the Russian ruble, as measured in dollars, is plunging News reports abound of Russians scrambling to exchange money for dollars, though Russian authorities are putting measures in place to thwart that. We’re fortunate to be joined briefly here today by Brent Johnson, fund manager at Santiago Capital who is well-known for his Dollar Milkshake Theory which predicts that as instability & crisis occurs in the world, it will drive demand for the US dollar — which we appear to be seeing playing out in real time right now.
Brent Johnson is the CEO of Santiago Capital http://www.santiagocapital.com/.
Adam Taggart is the Founder of Wealthion. He is also Co-Founder and former President of Peak Prosperity. Adam is an experienced Silicon Valley internet executive and Stanford MBA. Prior to partnering with Chris Martenson (Adam was General Manager of our earlier site, ChrisMartenson.com), he was a Vice President at Yahoo!, a company he served for nine years. Before that, he did the ‘startup thing’ (mySimon.com, sold to CNET in 2001). As a fresh-faced graduate from Brown University in the early 1990s, Adam got a first-hand look at all that was broken with Wall Street as an investment banking analyst for Merrill Lynch. Most importantly, he’s a devoted husband and dad.