AudioEconomic NewsEconomicsPodcast

China Prepares for Dollar Collapse, Hoards Gold

China’s bottomless appetite for gold and other hard assets is at the back of every financial analyst’s mind. For David Brady, CEO and co-founder of Global Pro Traders, there is no doubt that China and Russia believe a US dollar plunge is coming. He is a CFA charterholder with degrees in business and finance from Dublin City University. He argues that the Chinese are hoarding more gold than they let on in preparation for a coming global financial reset. When central banks revert back to another round of interest-rate cuts and quantitative easing, he contends, then everything but the dollar will take off. Show notes:

Visited 1 times

Leave a Reply

Your email address will not be published. Required fields are marked *