The BRICS New Development Bank Will Be Used To Dump Dollars and Treasuries To BUY GOLD

Jim Willie says that de-dollarization is picking up speed as more nations are joining China and Russia in selling dollar and US treasury holdings…

Jim Willie interviewed by Craig Hemke of TF Metals Report

Our old friend, Jim Willie, joins us for our annual tradition where we wrap up the year that was and look ahead to the year that will be.

As we like to do, we simply had three primary topics for The Jackass. The questions are framed and then Jim fills in the blanks. As we wrap 2017 and look toward 2018, the topics are:

  1. Interest rates, QE and the global bond market
  2. The accelerating movement toward de-dollarization and risks to the petrodollar
  3. How geo-politics and war are impacted by #2 above

You’ll no doubt enjoy this 65-minute call. It’s going to be a wildly unpredictable and volatile 2018. My hope for everyone listening is that it begins with a safe and relaxing New Year’s weekend.

TF

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Listen to the interview on TF Metals Report or right here embedded below: