Podcasts Other New Class Rising with Hector J. Mises 152: The seeds of the end of U.S dollar hegemony have been sowed

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

Published: Nov. 6, 2018, 1:10 a.m.

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. 

 

Support the show on Patreon

Follow me on twitter: @HectorJ_Mises

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

YouTube video podcast

Get my Book: De-CLASS-ified: The fall of the middle class and rise of the internet entrepreneur