Description
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Is King Dollar really the king of currencies, or is it one of the greatest monetary illusions of our time?
In today's video, we challenge the King Dollar narrative and the Dollar Milkshake Theory by examining the dollar's performance against gold and other major currencies since 1971.
We also examine America's negative $22.42 trillion net international investment position, China's massive government bond and repo markets, and why the claim that US Treasuries are the ultimate safe haven deserves closer scrutiny.
Could gold, rather than the US dollar, be the real king of the monetary system?
#maneco64 #KingDollar #Gold #USdollar #DollarMilkshakeTheory #JimRickards #GoldStandard #FiatCurrency #USDebt #TreasuryBonds #China #DeDollarization #MonetarySystem #SoundMoney #FinancialMarkets
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In North America:
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In the U.K. but will ship worldwide:
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This video is for informational purposes only and should not be considered financial advice.
DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. Your investment and other financial decisions are solely your responsibility. It is imperative that you conduct your own research and seek professional advice as necessary. I am merely sharing my opinions.
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