A milkshake of destruction with Brent Johnson
Brent Johnson, CEO of Santiago Capital, joins us from San Francisco in this latest episode to elaborate on what he calls the ‘Dollar Milkshake Theory’. While most central banks are still pouring liquidity into the financial system, the Federal Reserve has begun sucking it up with the straw of tighter monetary policy. Brent predicts this will strengthen the dollar to a huge degree as the world’s colossal dollar debts become due, and the world will beg America to weaken its currency. But while this is bearish for gold in the short term, the trail of destruction left by a strong dollar may well be paved with gold…