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Jeff Christian – “De-Dollarization Is A Myth, A Joke, Nonsense – Oh Yes, And Gold . . .” (Video)
In this presentation, Jeffrey Christian of CPM discusses the misconception that the U.S. dollar is being abandoned in global markets, emphasizing its continued strength and dominance as a foreign exchange reserve. He also discusses the myth of “de-dollarization,” highlighting the fact that the value of the dollar has increased significantly since 2011. Jeff also points out the stability in the dollar’s share of global central bank reserves, which remains between 58%-62%, and how these reserves have continued to grow over time.
The presentation concludes with a discussion about what this means for gold, who is buying it, and why.
Posted May 14, 2024
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