Jeff Snider on how Russia is using the eurodollar system despite sanctions

Reinvent Money, Released on 5/12/22

Paul Buitink talks to Jeff Snider of Alhambra Investments. Jeff explains how Russia, despite the sanctions, is still using the eurodollar system to transact internationally, for example by using off-shore banks across the world and middle-men in China and India. Not being part of Swift is difficult but doesn't stop them from using the eurodollar system. Jeff comments on the ruble exchange rate and how the threat of stopping gas or payments provide for mutually assured destruction between Russia and Europe. Jeff and Paul talk about freezing reserves and if gold can be a solution and also about Zoltan Pozsar's Bretton Woods 3.

Jeff Snider is head of global investment research for Alhambra Investment Partners, a registered investment advisory based in Palmetto Bay, Florida. As Head of Global Investment Research for Alhambra Investment Partners, Jeff spearheads the investment research efforts while providing close contact to Alhambra's client base. Jeff is published nationally at RealClearMarkets, ZeroHedge, Minyanville and Yahoo!Finance. Jeff holds a FINRA Series 65 Investment Advisor License.

Jeff Snider on how Russia is using the eurodollar system despite sanctions added by Herman James on 05/12/2022View all posts by Herman James ?+'