U.S. Dollar Rejection By Foreigners Will Only Accelerate

Silver Bullion Singapore

 

 

 

 

 

 

By SilverBullionSG

Returning SBTV guest, Rob Kirby of Kirby Analytics, had a though-provoking conversation with us - he questioned the ridiculousness that the US has never had a failed bond auction given the poor fundamentals of the US dollar, even as de-dollarization sentiments are accelerating.

Discussed in this interview:

02:07 Fed unwinding balance sheet to pre-QE levels is a pipe dream
06:19 Ridiculous that the US has never had a failed bond auction
10:15 US shale oil industry could be soaking up unwanted dollars
12:48 De-dollarization: Foreigners do not want dollars
20:31 Energy independence? US still needs Saudi oil
22:18 Oil is the main sustenance for the US dollar
22:45 The ridiculous paper gold market
26:21 World does not want dollar-denominated debt

 

If you are new to our SBTV interview series, please consider to subscribe to the Silver Bullion Youtube Channel to be informed of more interview content.