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China’s Digital Currency: A warning to the World Part 2

Summary:
Welcome to Part 2! We have with us Dr. Stephen Leeb, New York Times best-selling author, investment advisor, and money manager. In the last episode, we discussed the rise of China and how it could introduce gold backed digital currency. Could this transition be a catalyst for the gold to rise up to 000 per ounce? If you haven’t watched part 1 here’s the link: https://youtu.be/VNSyGcmslN0 Coming up in this episode: Is a gold backed digital currency on the cards, and Is China leading the way to introduce this digital currency? Will the wealth gap between rich and poor continue to widen? Is the call for monetary discipline going to come from a communist country? Will other countries follow China in launching gold backed digital currencies? Why exactly Dr. Stephen Leeb feels that

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Welcome to Part 2!



We have with us Dr. Stephen Leeb, New York Times best-selling author, investment advisor, and money manager. In the last episode, we discussed the rise of China and how it could introduce gold backed digital currency. Could this transition be a catalyst for the gold to rise up to $15000 per ounce?



If you haven’t watched part 1 here’s the link: https://youtu.be/VNSyGcmslN0



Coming up in this episode:



Is a gold backed digital currency on the cards, and Is China leading the way to introduce this digital currency?



Will the wealth gap between rich and poor continue to widen?



Is the call for monetary discipline going to come from a communist country?



Will other countries follow China in launching gold backed digital currencies?



Why exactly Dr. Stephen Leeb feels that gold could go up to $15,000?



What is the logic behind this estimation?



Is gold at $15,000 still cheap?!



Find out more about Dr. Stephen Leeb only on: https://www.stephenleeb.com/



00:00- Introduction

00:40- China's Digital Currency

07:13- Wealth Gap

09:00- Monetary Discipline

10:16- Basket of Currencies backed by Gold

13:08- Logic behind Gold to $15,000

20:44- Wrap



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