152: The seeds of the end of U.S dollar hegemony have been sowed

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By Hector Avellaneda, Economics Discussions w/ Guests like Anthony Tran, and Fabian Calv. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.

In the third quarter of 2018, the central banks of Russia, Turkey, India and other countries went on a splurge of gold buying. Collectively, five major countries including India, Russia and China demanded 33% of all of the gold mined out of the ground this last quarter.

The question is, why are these major economies splurging on gold at a time when the U.S dollar is on the rise?

In this episode of the show discuss why this is happening, why this is going to deal a big blow to U.S economic dominance and why this is of the upmost importance to you and me.

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Show notes: http://www.NewClassRising.com/152

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152 episodes