Gary Brode talks with Deep Knowledge Investing Board of Advisors member, Mish Shedlock. We discuss: – Predictions for Federal Reserve Rate Hikes – Whether the US in recession right now – A potential BRICS competitor to the dollar as the world’s reserve currency – The real estate market and why commercial and residential are heading … Read more
This is an excerpt from the DKI July letter: There’s a big argument happening in the financial community right now regarding the status of the dollar as the world’s reserve currency. The BRICS countries (Brazil, Russia, India, China, and South Africa) are expanding their coalition which now includes more than half the population of … Read more
This post originally appeared on April 6, 2023 DKI has covered the decline of the petrodollar more than a dozen times in the last year. Most notably, I gave an hour-long lecture at the Institute for World Politics explaining how the anti-Russian sanctions were not hurting the Russians; but rather, destroying the value of the … Read more