Petrodollar Collapse Accelerating in 2024, The Fuse Has Been Lit - Andy Schectman

[@kitco]

Swan Bitcoin - Swan Private - Go beyond legacy finance 👉 www.swan.com/wealth

[@kevintewey1157]

" I started with nothing" 😂 except good eyes and reasonable math ability. I most of the time people these Rags to Riches stories don't pan out

[@kevintewey1157]

Using half truth is not playing The Devil's Advocate it's being obstinate and annoying

[@mirsadzimic7519]

Hahaha hahaha

[@chicho157]

The world wont accept any war of you anymore

[@jaswindersian3159]

The US really needs to revisit ALL FUNDANENTALS to strengthen the nation.

[@Hannahbenowitz]

Our economy struggling with uncertainties, housing issues, foreclosures, global fluctuations, and pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.

[@PennyBergeron-os4ch]

With the US dollar losing value to inflation and other currencies gaining traction, uncertainty looms. Yet, many still trust in the Dollar's perceived safety. Worried about my $420,000 retirement savings losing value, I seek alternative security for my money.

[@JosephineKenney]

I wholeheartedly concur, which is why I appreciate giving an investment coach the power of decision-making. Given their specialized expertise and education, as well as the fact that each and every one of their skills is centered on harnessing risk for its asymmetrical potential and controlling it as a buffer against certain unfavorable developments, it is practically impossible for them to underperform. I have made over 1.5 million dollars working with an investment coach for more than two years.

[@HildaBennet]

this is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation

[@JosephineKenney]

Her name is Sonya Lee Mitchell. Hope that helps

[@HildaBennet]

I appreciate it. After searching her name online and reviewing her credentials, I'm quite impressed. I've contacted her as I could use all the help I can get. A call has been scheduled.

[@jimsmith5502]

You don’t hear our politicians talking about people leaving the dollar. Mmm I wonder why.

[@tasreasfatemsa8266]

They get paid only when they are in seat,therefore their job is working hard to keep their seat,nothing else.

[@kirstinstrand6292]

Maybe the question is how many are eager to load up on more? We'll see.

[@teoeehuat8742]

Majority of them are hiking their head under the sand.

[@GORILLA_PIMP]

Because the usa has more "FREEDOM" to spread to other countries!!

[@Umbrella_TV]

If the U.S Politicans were smart they would at least "partially" join in on the BRICS trend.

[@Kamdeboo-kz7lo]

As a South African I believe the demise of the USD will be to the advantage of all other countries outside of the US, UK and EU. The demise of the dollar will also lead to the demise of the US military might which in turn will lead to a safer environment for all. No more sanctions against countries who dare challenge the narrative of the US. No more military attacks and invasions of countries by the US to plunder their resources.

[@mr.invisible1400]

Not so quick there..Yes the U.S. has done many illegal cruel things around the globe BUT... If you think that will bring nothing but peace and prosperity? China can take over the world they will try..

[@SG-zh6ne]

That's right!!!!

[@DKK]

😂

[@shots-shots-shotseverybody2707]

The USA is down to #3 in the world in military power ranking

[@sanjayafernando4534]

@@DKKkeep😂😂😂very soon 😢

[@dinakelly3934]

I do agree America needs to stop the bullying.

[@DAVIDMAINORD]

WE NEED TO STOP FIGHTING OTHER PEOPLES WARS AND STOP EMRACING IGNORINCE!

[@acatrica4074]

Bullying is laser problem, the US should stop stealing from others!

[@Manutvei]

26:42 26:46 😅

[@goldcic]

J

[@keithkantrowitz7591]

Need to focus on America 🇺🇸

[@alfs3]

People never ask who the US Government owes its debt to, but ask yourself how does a government that (supposedly) prints its own money create debt upon itself….

[@walterwayne3081]

Yes so hyperinflation is done deal

[@jabezireal1085]

America owes everybody and their mom money,Now nobody won't the toilet Paper and no longer can trust the USA, Bullies.

[@jabezireal1085]

Greed!!!

[@theislander-sj1kq]

The fractional reserve banking. DON'T GO NO FURTHER.

[@stanleybarton]

Our greatest debt holder is Japan. And Japan is in serious economic trouble of its own. Unlike some politicians would like to mislead you - we’re not very dependent on China for money as much as we are for the products that China produces.

[@LudwigVonFriedman]

This has to be one of the best interviews in kitco ever, Schectman is absolutely brilliant

[@larryharvey7709]

Andy is pissed!

[@donroyhl8225]

😢😮😅

[@keithkantrowitz7591]

No bullshit, love it

[@jakeharvey8813]

Andy is an inspiration for being so well minded that he can organize a million different details into one easily understandable argument. He is an alarm clock for the world. Way to go Andy we appreciate you!!

[@carmichael3995]

You mean the west right? Not the world

[@jondunn1980]

Andy is a wealth of knowledge. Bring him back often please.

[@kknudsen4907]

Real people don’t talk like this.. this is a bot or a Chinese.

[@mttaylor129]

No one can be uninformed about crucial world economic issues after watching Michelle Makori draw out Andy Schechtman’s analysis on the matter. I try not to miss any videos of you two together discussing, hammering out the issues. Michelle does her homework and respectfully puts it in the table, including taking the time to define the relevant terms and phenomena. Andy shares his latest and thorough analysis of building shifts (or at least challenges) in world economic hegemony. And reminds us of the danger of ignoring logarithmic decay - “little by little, then all at once,” as Hemingway is said to have said.

[@Eric-is1jt]

We are right where many people think we would be with an over spending,over legislating,underutilized ɓureaucracy,too big to do muchmore than fail unfortunately.😢😮

[@SlaviDavi]

This guy is brilliant and has a really incredible awareness of global political geology.

[@DawnaRo]

There are a lot of good prognosticators out there, but Andy has my respect and trust over all of them. He's speaking truth, not hype.

[@JD-wu9li]

you meant propagandists. right?

[@masonsoutdoorsportsmenadve4933]

So you heavy into bitcoin?

[@imusobo]

Andy is brutally honest and sincerely objective. I appreciate his submissions, Kudos

[@michael6303]

Michelle cannot seem to understand that the world has had a gutsful of US weaponizing the dollar and bullying other nations by cutting them out of swift, putting sanctions on them, freezing or confiscating their foreign assets when countries do not aggree with them as in Russia’s case. BRICS was formed because of this. The petrodollar will cease to exist in the near future. Andy explains this so well!

[@88793333a]

One of the most substantive discussion on the dollar and the rest of the world's views on the petrol dollar in a long time.

[@disndat1000]

You need to hear this man speak three sentences and know he is a man of integrity and values.

[@EZ-rs5zv]

Thank you to guest Andy Schectman for pointing out that mutual respect and understanding is required if peace is to be maintained with other countries. The USA has weakened itself by continuously waging unwise wars and can no longer bully the world into doing its bidding.

[@alexlam3593]

Do you. Guy buy Future for. adjusting

[@keithzandes-1991]

EXACTLY!

[@typeorulz]

We already know the answer that the rest of the world sees we are a hypocritical bunch of criminals, regardless of how many of us little people are still pretty decent folks. 🤷

[@gezin82]

When it all goes bust will Americans live in shame and guilt as Germany and Japan did? We should be so humbled we should bow to every non American as a society for the pain we caused the world for at least 100 years. 😂

[@villhelm]

Our governments are For sure

[@stephencunningham6557]

Criminal cabal around Washington, London and Brussels.

[@decoloniz_afro]

Racism too has contributed plus enjoying on other people humiliation bye see you

[@nolashiflett635]

Sad!

[@cdkslakkend5742]

Wow, this guy makes more sense than anyone. He should be running the Fed, the Treasury, the Budget office and rewriting all the policies that distort value and earn trust.

[@Hakuna_My_Tatas]

Yeah no, abolish the fed.

[@johnathannadeau3285]

Don't know about all that but Andy is very smart.

[@trevanteturner9439]

Facts he got knowledge

[@luisangulo7722]

​Nice

[@saeedmustapha1334]

You have to be corrupt to head the fed.

[@Lexman00]

Andy Schectman is an honorable man, I believe that 100%. Much appreciation to him for putting himself out there to help as many people as possible PRESERVER their wealth.

[@regularcustomer8285]

He was admirable, but to rock n roll, the river of green, will be glad to see you 👀

[@parag-xu4sp]

india russia is trading in inr, india uae started the same , china russia is doing it in yuan

[@regularcustomer8285]

@@parag-xu4sp shares in smock market will be looking for love in all the wrong places, George Through good

[@J.Smith-rc6wh]

Andy is a favourite with Kitco viewers for a reason. He is genuine, kind and patient, has taught us viewers a great deal, thank you as always Andy, all the best

[@lachen7]

A truly unbiased and objective discussion. A breath of fresh air. Unfortunately this will not be taken seriously by the American elite, who pulls the real strings.

[@richarderwin2369]

I Wish Everybody Would Watch This. Thank You Kitco News And Michelle Makori. An Excellent Interview With Andy Schectman.

[@LeonardVisser-g9u]

Thank you Andy for giving a true and honest assessment. Much appreciated.

[@jamesprocario]

Thanks Michelle and Andy for an informative discussion, nobody puts the pieces together better

[@nanamohammed5126]

I liked the facts Andy Schectman has answered numerous questions put by Michelle Makori in respect of world affairs ! Good one Andy !!

[@sjaw100]

One ofthe best commentators on BRICS development -- unbiased and knowledgeable

[@tomg4260]

Another great interview by Michelle. There are not many hour long videos I can stand to watch, but Michelle keeps the good questions rolling. Also a great job of moving the narrative along.

[@kitco]

Thanks for your comments. Glad you found it informative!

[@regularcustomer8285]

" and you Shamoo? Like a regular " .. ☘ troubles? but modern love.. gets people to church on time. 🐬 s eee

[@Billfish57]

Andy is still the best interview. He's authentic.

[@mc-lb9dk]

but extremely stupid. i guess he lives in montana and has never left the state

[@johnvandegraf2000]

no its not ,he is jurk ,goldcoin seller . ther is nopetrodollar crash ,becouse there is no petro dollar . thats goldcoin seller bullshit since 40 jears

[@pastmyprime6330]

@@mc-lb9dk Whatever you say Professor Bot..

[@pastmyprime6330]

English much?

[@johnvandegraf2000]

@@pastmyprime6330 german and your secand language?

[@erikavarga7060]

Andy is smart and genuine.

[@selwinpandinadan7540]

Amen......Thanks❤ KITCO for displaying reasonings & sanity in real time.

[@franciscocoelho2071]

Outstanding guest. He is absolutely correct about the economic future of the world.

[@kknudsen4907]

Real people don’t talk like this.. this is a bot or a Chinese.

[@ytujackclough]

I no longer trust our government. I worry for my children, my grandchildren, and future generations. Our country has evolved from America into "Amerika" and it sucks!

[@ambconstrucao3770]

Don't worry, you are a super power and you can use that to bullshit through election and star a new war and make money for the children and grandchildren, or you can print more money out of nothing. The children will be fine with all funds from accounts frozen from the countries sanctioned. 😂😂😂

[@paxwallace8324]

You mean Corporate Amerika ie Black Rock. Wall Street the MIIC corporate complex.

[@johnchiu7581]

AmeriKKKa!

[@DerrickLanders-bg8wc]

Well, run for office or propose legislation to your Representative(s)... really tired of you whiny people.

[@CharlesRylance]

Bye bye American pie.

[@rogain662]

Andy’s defense was superb.

[@PaulbylPaulbyl]

One of the best interviews ever. Andy made so many educational and mind blowing valid points 🤯 I had to watch this video twice. And Michelle's informational bridging statements and intellectually stimulating "pokes" were out of this world. Great stuff and keep at it both of you!

[@regularcustomer8285]

I remember the sword 🐠 fish, reefer, and smoky waters.. " I was in love with the body"

[@kitco]

Glad you enjoyed it

[@regularcustomer8285]

I come by to relax and get skinny. Heal my sore spots. Un Harpoon my fin please. Never... ☘ Never, try n close my 👀 s And try n sleep hehe

[@constantquestioning4010]

Absolutely agree 🙏🏼🕯🕯🙏🏼

[@regularcustomer8285]

@@kitco there's new hands praying 🙏.. how do you get the prayer hands to open for gold ? We stop right here until this whole things CLEAR , ... forever. "

[@lrmorrison999]

Faith in fairness in the US is in short supply worldwide, however the distrust of the US Government, building in the US population, is more concerning.

[@ianshaw5088]

Loved every minute of listening to both of these two. I’ll be sharing this around.

[@stevetaffy8780]

Andy speaking the absolute truth on the history of the dollar . World is sick n tired of it

[@tonytaylor4545]

You are getting sick k & tired of it....please just speak for yourself.

[@audleymclean2168]

It's not really sick and tired of it but rather sick and tired of how it is used to caused many Countries poverty striken in spite of having valuable minerals and raw material. minera

[@WhiteWolfos]

​@@audleymclean2168 from several studies they would be also sanctioned essentially replaced by the other countries if it switches and they have less protection against slavery including child slavery. It would be worse than poverty because of introduction of more machines to mine minerals and treat those people like dirt.

[@draymond5067]

Weaponising the dollar has backfired. The world is saying no more

[@foilrider2000]

​@@tonytaylor4545world opinion, he's right

[@scottylew]

Refreshing to hear business people from the US being honest in the changing future multipolar world.

[@snookiparks]

Our leaders need to stop, they are so narcissistic. Throwing our weight around, when we have lost lots of “pounds”, does not turn others countries towards us, turns them away. We have got so so many huge problems.

[@eboo925]

No these countries aren't turning away from us countries are giving us all their poor people millions and millions of poor people= crime.😮😮😮

[@davidzoppa6929]

The only problem the West has is their politicians

[@bobbobertson6249]

The problem is Stop calling them our leaders ok

[@chrisyates8115]

Criminal corrupt demons​@@bobbobertson6249

[@cryptobboy6149]

Andy is very much on point. I really hope that the BRICS can pull this off. The US and European Western countries must give up their imperialistic dominance over the world. We need change we need a multi- polar world. Where every country has true sovereignty and control over their country.

[@shoestringfarm]

Superb, intelligent journalism. More of journalists like Michelle please. Keep up the good work.

[@KnuckleSandwichMint]

I believe Andy is right. Time line is the question.

[@demri123]

Bingo. All the people talking collapse were fundamentally correct in 2008. But here are 15 years later and all assets went to the moon EXCEPT gold and silver. So, the opportunity cost of waiting for the inevitable collapse has been huge

[@jbl6338]

Great interview w/Andy. He is one of the experts on precious metals and I am glad to see that guys like him and Alisair Macleod are footstomping the point that the US is overstretching itself, and mettling too much in other countrie's affairs (45 min mark), and this is sth I wish more Americans understood. That is not to sound unAmerican but the contrary. Please have him on again, great interview.

[@sherrielatchford1314]

GREAT discussion! Andy is the best, and Michelle gives him a challenge with her questions. Very good!

[@trader8CTA]

Great discussion and presentation, thx!

[@panneethiengburanathum300]

Thanks!! Both​ of​ You​ make​ everyday​ a​Thanks​giving​ Day​!!

[@Jonnys00007]

When Andy speaks I listen . Love watching this guy present his information its really good

[@fullofhope2222]

Andy is always EXCELLENT at breaking it down. Ive been watching this since Bid-en in Ukraine 2014.

[@dennisbalgobin461]

I agree with Andy Schectman 100%.

[@JD-wu9li]

🤣

[@paulburgess872]

Great interview, very intellectual and informative. Thanks again, regards paul

[@domchulotey1217]

We in Asia want to see the BRICS currency as international currency.

[@michaelbrady4520]

Andy is spot on the money!!! Excellent show!

[@jawadbejja6910]

Excellent dialogue and very insightful. Michelle asks the right questions, enabling an intellectual exercise where Schectman makes his arguments even stronger and clearer. One of the best interviews .

[@regularcustomer8285]

Michelle is 30..

[@johnhemphill1938]

The UAE isn't going to take US Dollars any more! This is very, very serious. The Petrol Dollar is coming to an end

[@nejnej4676]

the oil industry is dying.

[@mikomiko993]

​@@nejnej4676 in west, but we need it in East and that will keep the value of oil high. After all we hv the most consumers.

[@SureshMenon-c9x]

Once Petrol Dollar era ended, American has to do real work for earning bread and shelter.

[@rickwilliams1204]

Thank God for Guyana

[@Vikingpoints]

lol there is an over abundance of oil. And the US is crushing opec by simply producing more. There is a ton of oil that isn’t even tapped. Fossil fuels are dying. Sorry but as the petro dollar ends, so does petrol. Leave it to countries that are low tech to come up with low tech ideas

[@Creative1615]

BRAVO ANDY!

[@constantquestioning4010]

Superb prescient analysis Spot on 👌 Thank you Paris 🙏🏼🕯🕯🙏🏼

[@ronrussenberger5085]

This man is incredible

[@Deal-withit]

Great info thanks Andy. You have made it very clear why there will be a recession/depression triggered early 2025. The petrodollar is in the death throes. 20% of all oil sold in 2023 was NOT transacted in USD!?!. The US dollar is in big, big trouble. Demand for the USD will plummet. Printing USD will not be effective. Worst affected countries will be Japan, Germany, Canada, England and USA. GFC will look like a picnic in hindsight. How did Michael Berry predict the housing market crash of 2008 (the GFC)? He looked, we all better start looking.

[@snakeplisken2123]

All the countries that “they” are flooding with “refugees” and we are paying them from our social security.

[@jimwhite7470]

The best interview/intelligent discussion I have listened to for a long time well done to you both Thank tyou very much

[@do_duc8799]

The repercussions already begun. Look at the lowered standard of living due to higher prices across the board..

[@julians472]

Great interview Michelle! Andy is brilliant! Speaks the truth and very intelligent. I agree with him. Matthew Piepenburg would too!

[@simonrowe3124]

Andy doesn’t ‘speak the truth’, he speaks his truth. The world is far to complex for any one person to be awarded the distinction of ‘speaking the truth’.

[@ronaldmiller4997]

First time listener. This is an excellent understandable commentary.

[@comment2250]

Michelle is a great interviewer, period.

[@dewasw1]

This guest delivers a wealth of information about the future direction of money. Ignore at you own peril. Also, there is no doubt in my mind about his integrity - he is spreading the word so you can save yourself.

[@warrenjackson8122]

There's no saving for the wicked it's judgement

[@sarahkhan2310]

With a massive 34 trillions debt and everything is collapsing in the uS. Holding on to the dollar and bonds is a death trap

[@junjurakhman4779]

You so right sis

[@jabezireal1085]

Greed,!!!!!

[@TemplarYogi]

From now to the end of 2025 we will see an absolute disaster in the purchasing power of the dollar .

[@chandaryoung2074]

Love Andy's views. The Feds should be ashamed of the way they are running the country's financial affairs. They should be fired.

[@horsewhisperer3708]

Kudos, Mr. Shechtman!

[@colinbroos5176]

Michelle and Andy thank you for a great open conversation around BRICS.

[@hendriklombard2254]

Most informative interview and so well timed!! Thanks Michelle!!

[@regularcustomer8285]

Once they must have left the lights go out in Georgia.. that was the night that they hung an innocent little red corvette.

[@rogerburn5132]

Andy as Always is Absolutely Brilliant Always 👍👍👍👍

[@roslyntchakedjian927]

Thank you excellent discussion Good Day 🇦🇺

[@ScottGingrich-g6v]

Andy Speaks Truth

[@pc1chas]

Stay the course Andy...you're spot on. Hopefully, people will listen and get it before it's too late!

[@toddcofer6491]

Thank you both for this powerful content. Andy you are a Hero.

[@shanecoleman7809]

This man is real

[@365DaysofSilver]

Actually really enjoyed this

[@Vicky-Blue]

This guy is a patriot and a realist. The truth hurts.

[@THEVIDEOS0007]

I love that AMS33H$ is focused on sustainability and using renewable energy sources for mining. It's important to consider the environmental impact of cryptocurrencies.

[@crustyzimmerman3324]

Relevance?

[@robbybennion4960]

Pretty sure this is a scammer.

[@greatvalleyone]

Has alot of thumbs up.

[@janetwhitney233]

Thank you Michelle and Andrew. Very informative.

[@regularcustomer8285]

The last words between these two, was baby, your much too fast.

[@smiley8881239]

This was an outstanding interview!

[@winstonwood27]

A great discussion. Applaud

[@eddylee3826]

Great interview

[@kimsiemlee7271]

Excellent discussion. Congrats Michele and Andy. As more and more countries join BRICS there will be more and more people coming together to share commmon purpose and objective . This will lead to greater symbioyic relationship between nations to build a better wotld. Also the volume of synergistic opportunities will increase dramatically over time for growing number of people to make and enjoy a better life. As more countries join BRICS a critical mass will be reached one day then suddenly flip the switch to shut down USD for good. At the least USD will not be used for trade and investment among BRICS+ countries

[@paulmicks7097]

Great discussion Michelle & Andy , all folks in US better follow and understand this topic because of the various actions and events in the next few years could change the world for the better , or cause others to destroy it.

[@valt3692]

Proudly 🇿🇦 and I proudly condemn and despise the US and Israel 😅

[@juniornuwamanya5073]

😂

[@willibaldkothgassner4383]

Thank you for this -even for non nativ speakers - easy to understand and follow interview!

[@KatT-qr6fi]

I love this Guy, hes wide awake to his government

[@allaboutstress361]

Great conversation. Thank you both

[@mckennah8586]

Whew, Andy makes some very compelling arguments as to why/how we come to today's oil battle for superiority. Great discussion!

[@sewnsew6770]

Michelle is a great interviewer

[@WORLDLEADER.X]

No presidential candidates talking about this We are F

[@donaldnord2895]

Andy Schectman is absolutely bang on! Gold and Silver is real money....has been for the last 5000 years! Money must be backed with something of real value...money is just paper or an electronic displayed number.

[@rodytan6832]

Absolutely Right US has Printed so much Green Money

[@joshuaberry1329]

This is the biggest story of the year. The next election will really be our last chance to elect representatives that will cut the federal government by 75% and start paying off debt instead of spending. The old politicians need to be replaced with new people that believe in smaller government and less diversity. We need the bring thw country together or we won't have a country in 20 years.

[@David-ej1ps]

américa hasn’t had a country since the 2000s

[@harrisiqbal3608]

After all that your still mentioning diversity ? Your own people robbed you 😂

[@lyingdogfaceponysoldier5003]

Expansion of BRICS seems steady and solid. Moving forward like clockwork. Degradation of US dollar is disconcerting.

[@gregorygreene1940]

BRICS is 14 years old with nothing to show for it.

[@lyingdogfaceponysoldier5003]

​@@gregorygreene1940little by little, then all at once.

[@derektomlinson6514]

In my opinion Brics will have a equivalent to the NATO article five, it hasn't been stated but it will have to be made regardless If its broadcast or not for the safeguard of the institution.

[@JCSY1]

@@lyingdogfaceponysoldier5003 Starting from 2024, almost certainly it won't be little by little anymore. It will accelerate much much faster vs previously.

[@JCSY1]

@@gregorygreene1940 Smart people plan strategically with patience and when they strike it will be extremely precise and deadly. Things will accelerate very fast from this year onwards. That is the real true facts although hardcore pro US and western supporters does not want to believe it.

[@Beeheezey-2.0]

BEST GUEST EVER, Andy is the best at analyzing the Gold markets. It also helps that he runs the best and most honest business man in the business.

[@rbsentertainment]

hey i just found this channel... So much good information!!!

[@robinownhouse9144]

This man speaks facts,unfortunately the political and economic elites in the West won't listen.

[@foilrider2000]

Same with EU

[@BrianSteck]

Great show, Michelle. Thanks for trying to poke holes in the arguments. It adds validity to the perspective.

[@rulsrejouis1698]

I wish every single Americans would listen to this.

[@wandaherring7526]

But they won’t.

[@foilrider2000]

Politicians certainly won't.😢

[@JDMAP1]

Sadly, Most wouldn't comprehend the scope of the problem.

[@LastStitch]

I love this Channel and the Truth about it

[@curiousboy88]

Great video.