Andy Schectman on De-Dollarization and the Future of Gold

"The Death of the Petrodollar and the Rise of Digital Currencies"

Andy Schectman, President of Miles Franklin Investments, discusses the latest trends in de-dollarization and the implications for investors.

In a recent interview with Robert Kiyosaki, Schectman shared his thoughts on the global trend away from the US dollar as the world's reserve currency. He believes that this trend is being driven by a number of factors, including the weakening of the US economy, the rise of China, and the growing popularity of digital currencies.

As the US dollar loses its dominance, Schectman believes that gold will become increasingly important as a safe haven asset. He points to the recent surge in gold prices as evidence of this trend. In the past year, gold prices have risen by over 25%, outperforming all other major asset classes.