Is gold the ultimate weapon in financial war? – CrossBorder Capital

In an interview with Kitco News, Michael Howell, managing director at CrossBorder Capital and author of his new book Capital Wars, warned investors that they can expect to see higher volatility over the years as China challenges the U.S. reserve currency status.
"We've seen many examples over the years, over the decades of transitions between dominant currency zones, whether it be from Sterling to the U.S. dollar,” he said. “These transitions tend to be quite volatile and challenging for financial markets." (show less)

In an interview with Kitco News, Michael Howell, managing director at CrossBorder Capital and author of his new book Capital Wars, warned investors that they can expect to see higher volatility over the years as China challenges the U.S. reserve currency status.
"We've seen many examples over the years, over the decades of transitions between dominant currency zones, whether it be from Sterling to the U.S. dollar,” he said. “These transitions tend to be quite ... (read more)

Kitco NEWS

Kitco NEWS
The Kitco News team speaks to analysts and experts on the frontlines of the market to get the most up-to-date news on the economy. The show offers a well-rounded, timely view on big market moves and any major headlines that may affect financial assets. Coined – no pun intended – as the number one source of precious metals news, Kitco News is the leading provider of up-to-date price action in the precious metals space.

Disclaimer: The content on this website, including, without limitation, news, videos, interviews and commentaries, is provided by Kitco Metals Inc. ("Kitco") for informational purposes only and is not intended as any form of advice, whether legal, accounting, investment, financial or tax advice. Therefore, it cannot be relied upon as such. Should you require such advice, contact a licensed professional. The content provided herein is provided on an "as is" basis without any warranty of any kind, whether express or implied and your use of the information provided in said content is entirely at your own risk. In no event will Kitco be held liable for any indirect, special, incidental, or consequential damages arising out of the use of the content on this website.