Is gold the ultimate weapon in financial war? - CrossBorder Capital

In an interview with Kitco News, Michael Howell, managing director at CrossBorder Capital and author of his new book Capital Wars, warned investors that they can expect to see higher volatility over the years as China challenges the U.S. reserve currency status.
"We've seen many examples over the years, over the decades of transitions between dominant currency zones, whether it be from Sterling to the U.S. dollar,” he said. “These transitions tend to be quite volatile and challenging for financial markets."
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[@nadeemahmed-ig2fb]

I think most of our economic problems will be resolved if we introduce again gold backed paper currency or gold backed digital currency. It will contain inflation and countries will not be able to print more and more physical currency at their whims. Gold is the real money and cannot be printed but mined with great efforts.

[@pokemonyu]

Gold is money of me. Silver is money of my grandchildren.

[@empireorganizing]

Thank you for this - loved the points on what facets a world reserve currency has to have.

[@niklaspettersson5941]

Can you explain the importance about the 10 year yield and why it is so important? How decides how big the yield is? Please explain as simple as you can. I’m a rookie about rates and yields 🙂

[@Avicena-tf5uj]

This is one of the more valuable guest on this show. I appreciated the interview. Very grounded has a realistic understanding

[@MagicMan-hl3mo]

Very knowledgeable guest ..... Great Interview .....

[@fractalnomics]

I heard on Billions last night (S5 E1) and they made a good point: words to the effect 'the US dollar is backed by global military defence'.

[@Ager1987]

6 month every week im watching your video and says gold will go up ? Why no one mension when gold will go up ?

[@FeroxX_Gosu]

Why gold mining stocks are down with 1730-1750 gold?...

[@BatmanBoss]

Excellent interview

[@hendo19742]

REBALANCING, GOLD BE $12 000 AN OUNCE AT LEAST!🤨🤨🤨🤨

[@jeremynorth102]

The metals story is becoming ridiculous. Nothing but headlines, and misplaced optimism.

[@TeoOfficial_1]

Not worried it buried

[@alexp3752]

Excuse me... When the gentleman said that China is financially stable, I almost choked! They are actually worse off than America. How do I know this? I am a former vice chairman of an Asia-based airline.

[@buddythelittletinyrescuedo5114]

Wallbridge Mining, Silver One, Aunff, and First Mining Gold. Load the truck

[@shadowbanned4days]

Day after day...it seems like the same thing.. It CONTINUES

[@academic6299]

Gold isn't moving anywhere seems stuck global crisis is moving back to pre co vid and this channel is constantly making claims that gold is soon to rise NOTTTTTT

[@runedamgaard4319]

Man, Neils..... you sound like Seth Rogen, man

[@syzygysyzygy8332]

The abrupt aggressive, somewhat dismissive ending to the interview is jarring. Either the interviewer needed the loo with a medical level of urgency or completely lacks any respect for the interviewee.

[@kingkoi6542]

Owning gold may become illegal apparently

[@christinemccoy4471]

Fear mongering for the sheep.

[@krayziez]

No CC? hard to understand these brits.

[@qave]

its going to be crypto, there wont be a single leading reserve anymore

[@anthonyp.7656]

Confiscation scares me! Yikes. Buy numismatic coins? Buy jewelry?