Rethinking the Dollar

In a bid to circumnavigate the impact of sanctions like those imposed on Russia, the BRICS nations are exploring the concept of a shared currency, seeking guidance from the New Development Bank, a lender created by the bloc. Amid discussions of expansion and gaining global influence, the ministers also deliberated on potential future models for such a currency, a move reflecting the group's am...

Discover the world of gold mining as US Gold Mining CEO Tim Smith shares insights on the macro economy, precious metals, and the Whistler Project, offering a unique opportunity for investors in the unmined gold, copper, and silver deposit located near Anchorage, Alaska. Don't forget to click the 👍 & subscribe to the RTD channel for more informative content 🔔. Find out more about U.S. Gol...

Federal Reserve Chairman Jerome Powell stated that the recent banking crisis has reduced the need for a significant increase in interest rates, while noting a divergence between market expectations and the Fed's projected rate path, suggesting a more balanced risk outlook. Thanks for watching the Mike & Mario Show. Visit rethinkingthedollar.com to stay informed on the last in the news. Sub...

In the midst of the perfect storm, the United States finds itself on the brink of a devastating debt crisis, with the looming threat of running out of money within a matter of days. As if that weren't enough, the regional banking crisis has unfolded, shedding light on the deeper concerns surrounding the Global Systemically Important Banks (GSIBs). Meanwhile, the ongoing border crisis adds anot...

The Reserve Bank of Zimbabwe has sold $39 million worth of gold-backed digital tokens despite a warning from the International Monetary Fund (IMF) advising against the plan. Zimbabwe received 135 applications for the tokens and made a total of $39 million from the sale, and it plans to conduct another sale round for interested buyers. 🚨 Be warned of potential food shortages and prepare with 4Patr...

As the U.S. faces an unprecedented default on its $31.4 trillion debt ceiling, President Joe Biden and top Republican lawmakers, including House Speaker Kevin McCarthy, commence negotiations, with Biden advocating for an unconditional raise in the borrowing limit and Republicans demanding spending cuts, amidst warnings from economists about potential economic recession and global financial destabi...

Hugh Hendry, US banking system, American economy, mass panic, capital flight, M2 money supply, US government, Treasury, Federal Reserve, FDIC, deposit guarantee, US Treasuries, Bitcoin. Someone is being dishonest, as the stock price of banks never lies. 🔔 Stay in the know with RTD! Subscribe to our channel, click the notification bell, and join us for our next live on-air. Bring a topic and let&#...

Powell said earlier today that "things had generally gotten better in the banking sector" and that "the banking system is strong and stable." Later that day, shares of PacWest Bank and Western Alliance fell by 30% and 60%, respectively, because they are the next two banks most likely to fail. But while banks are falling apart, the price of gold in USD hit an all-time high. Some...

In this interview, Ray Ashley, President of F3 Uranium Corporation, discusses the global macro issues concerning nuclear power generation and the rising demand for uranium as a solution for base load power generation and greenhouse gas emissions. He touches on topics such as the growth of nuclear power generation globally, Russia and China's recent nuclear activity, the importance of uranium s...

Argentina has announced that it will start paying for Chinese imports in yuan instead of dollars to ease the outflow of dollars, relieve dwindling dollar reserves and boost international reserves. This decision comes after Argentina expanded its currency swap with China by $5 billion in November last year, and in April, it aims to pay around $1 billion of Chinese imports in yuan. 🔔 Stay in the kn...

Chinese President Xi Jinping spoke to Ukrainian President Volodymyr Zelensky in a one-hour telephone conversation, the first known contact between the two leaders since Russia invaded Ukraine last year. China has refrained from joining the countries that have condemned the invasion, and the official account of the discussion made no mention of "Russia" or "war," instead emphasi...

The world's economic landscape is changing rapidly as the BRICS nations make their mark. In a bold move, the BRICS New Development Bank is ditching the US dollar and offering loans in local currencies, while 19 countries clamor to join the group. This could be the beginning of a seismic shift in the global financial system, with a potential new BRICS currency threatening to shake the dollar&#3...

Brazilian President Lula da Silva has called for BRICS countries to develop an alternative to the dollar in foreign trade, while visiting the New Development Bank in Shanghai. Lula suggested the bank could have its own currency to finance trade relations between Brazil, China and other BRICS nations, arguing that using local currencies would eliminate the need for a third currency and reduce trans...

The financial world may be shifting towards valuing items in gold rather than fiat currency, with gold-backed exchanges potentially becoming the norm. This could remove the need for any one fiat currency to be the world's reserve currency and lead to a focus on sound money exchanges verified on the blockchain. Nate Fisher, my guest today, thinks that people will eventually need tangible eviden...

The Federal Reserve has warned that the fallout from the U.S. banking crisis will cause a recession later this year, according to minutes from the March meeting of the Federal Open Market Committee. While Vice Chair for Supervision Michael Barr believes the banking sector "is sound and resilient," staff economists have projected a mild recession starting later this year, with a recovery...

The recent surge in silver premiums has caused the premium of silver eagles to exceed 80% on some online dealers, indicating a sharp increase in demand for this precious metal. According to experts, this surge in demand is a clear indication that investors are turning towards Constitutional money. The increased demand for silver coupled with limited supply could potentially cause major problems in...

This indictment of Trump could spell doom for the entire country as we know it! The liberal left has backstabbed us and we're running out of time to save our beloved nation! We're heading towards becoming a third world country with our insane debt, being laughed at on the world stage, and the EasternBloc forming a new monetary paradigm. Thanks for joining us for the Hangout chat on the lat...

The Arab world is uniting and using oil to change the geopolitical landscape. Arab states are no longer content to play second fiddle to Western powers, accelerating the Great Realignment. Their newfound unity and determination allow them to challenge the US and other G7 nations. Stakes are higher than ever with oil prices rising and the global economy in turmoil. Arab nations are using their oil...

A recent summit in Moscow that was ignored by western media that brought together finance ministers from nations in the Shanghai Cooperation Organization security alliance, and discussed the possibility of bringing together various blocks, including the SCO, the CIS, the EAEU, and the BRIC+, into one framework, which could potentially create a mega bloc larger than the G7 and officially usher in t...

The BRICS countries are working on creating a new form of currency and may present ideas on its development at the organization's upcoming summit in South Africa, State Duma Deputy Chairman Alexander Babakov said on Thursday. The Eurasian Economic Commission (EEC) headquarters in Moscow is crucial to the multipolar world. The EAEU—Russia, Belarus, Kazakhstan, Kyrgyzstan, and Armenia—discusses...

In 2023, the BRICS alliance will try to move forward with its expansionist goals, possibly adding a dozen more member states. The G7, on the other hand, will be on the outside of this global reordering. How these two different world orders will affect each other in the coming months and years is still unknown. At the moment, there is a widespread trend toward dedollarization. This is because a num...

The global shift away from the petrodollar system and the United States' protection has led to other nations seeking alternative "sugar daddies" like China and Russia for support. This dedollarization will likely result in a transitional period where gold will serve as a standard, and a new monetary order including a financial and alternative component will be established. Don't...

Charles Schwab, which is a 50-year old mainstay in the brokerage industry and one of the largest US banks, is facing risks that have been hiding in plain sight. The current crisis is causing investors to focus on unrealized losses on the company's balance sheet, loaded with long-dated bonds that ballooned to more than $29 billion last year, and higher interest rates that encourage customers to...

The potential for avoidance of recent banking events may be limited. However, despite prevailing financial challenges, a favorable commodities bull run is anticipated, characterized by a surge in demand for precious metals and key energy sources such as lithium. Craig Alford, Director of FE Battery Metals Corp, offers insights on prevailing economic conditions, as well as the potential opportuniti...

The International Monetary Fund (IMF) issues a warning about global financial instability due to banking sector turmoil as rising interest rates put pressure on debts. Concerns that the European banking crisis has caused problems—first with Credit Suisse and now with Deutsche Bank facing liquidity risk—led U.S. Treasury Secretary Janet Yellen to preside over a private meeting of the Financial Stab...