Jim Willie: Gold-Backed Currencies To Compete With Dollar (Part 2/2)
Arcadia Economics, Released on 4/27/23
For Part 1 of this interview, CLICK HERE
In part 1 of this month's interview with Jim Willie of The Hat Trick Letter (published yesterday), Jim talked about the latest developments in the growing de-dollarization movement. And in the second part of the interview, he talks about how eastern and African countries continue to develop gold-backed digital currencies, which he feels they will request more than the dollar in international trade going forward. Jim talks about the changes that are taking place now, and the way trade will be conducted in the coming years. He describes an environment where western paper currency either won't be accepted, or if it is, will often be quickly converted into hard assets like gold. He also comments on the timeline of some of these events taking place, and that while the dollar will still be around for a long time, the impact of some of the changes that are taking place will be felt over the coming months and years. So to find out what Jim is seeing in his latest research, click to watch the video now!
Jim Willie is a statistical analyst in marketing research and retail forecasting. He holds a PhD in Statistics, and his career has stretched over 25 years. He aspires to thrive in the financial editor world, unencumbered by the limitations of economic credentials. Jim operates a free website called Golden Jackass.
Chris Marcus worked 2 years at bond rating agency Moody's, has an MBA from Wharton, and also worked 7 years as an equity options trader for Susquehanna International Group on the American and New York Stock Exchanges, before leaving in 2012 to create Arcadia Economics. In addition to publishing Arcadia's Monthly Market Snapshot, he also currently writes market commentary for gold and silver dealer Miles Franklin, Investing.com, and several others.
Jim Willie: Gold-Backed Currencies To Compete With Dollar (Part 2/2) added by Herman James on 04/26/2023View all posts by Herman James ?+'