Step By Step, There Will Be a Challenge for the World Reserve Currency: Andy Schectman

The Jay Martin Show, Released on 5/8/23

CEO of Miles Franklin Andy Schectman believes that as more nations around the world start conducting trade outside of the U.S. dollar and the influence and scope of the BRICS nations continues to rise, there will be a challenge for world reserve currency status in the years ahead.

00:00 Introduction
01:33 Increase in Retail Gold Buying
05:09 Current Precious Metals Ownership
08:22 Impact of the Banking Crisis
16:27 Outflows from Regional Banks
19:08 Rollout of a CBDC
21:05 Challenge for Reserve Currency
29:37 International Gold Holdings
33:11 Reshoring Key US Industries
41:15 Ineffectiveness of Economic Sanctions
47:54 Shift in the Media Landscape

Andy Schectman is the President and CEO of Miles Franklin Ltd. Precious Metals. Prior to starting Miles Franklin, Ltd. in 1989, Andrew became a Licensed Financial Planner, specializing in Swiss Franc Investments and alternative investments. At Miles Franklin Ltd., a company that has eclipsed $5 billion in sales, Andrew has developed an operation that maintains trust, collaboration, and ethical behavior, superior customer service and satisfaction to better serve their clients. He is responsible for overseeing the firm’s operations and business functions; including strategy and planning, account management, finance, and new business.

Subscribe
Notify of
guest

0 Comments
Inline Feedbacks
View all comments