The Rise of a New Monetary Order

Doug Casey on the Coming Monetary Reset and Trump's Impact on Gold and the Dollar

Renowned financial expert and author Doug Casey has been warning about the impending monetary reset for years, and his latest insights suggest that the timing of this event is drawing near. In a recent interview, Casey discussed the current state of the global economy and the potential impact of President Trump's policies on the value of gold and the US dollar.

According to Casey, the global economy is on the brink of a major crisis, driven by the unsustainable levels of debt and the failure of the current monetary system. "The monetary system is a house of cards," he said. "It's been propped up by central banks and governments for decades, but it's ultimately unsustainable. The only question is when it will collapse."

Casey believes that President Trump's policies, including his plans to increase military spending and cut taxes, will only accelerate the crisis. "Trump's policies are going to make things worse, not better," he said. "He's going to increase the national debt, which will only make the eventual collapse more severe."

In terms of the impact on gold and the US dollar, Casey believes that gold will continue to rise in value as investors seek safe-haven assets. "Gold is the ultimate safe-haven asset," he said. "It's the only thing that's not backed by anything, so it's the only thing that's truly valuable. As the monetary system collapses, gold will continue to rise in value."

As for the US dollar, Casey believes that it will eventually lose its status as the global reserve currency. "The dollar is a fiat currency, and it's only a matter of time before it loses its value," he said. "When that happens, the world will be forced to find a new reserve currency, and that's where gold will come in."

In conclusion, Doug Casey's warnings about the impending monetary reset and the potential impact on gold and the dollar are a stark reminder of the risks and uncertainties that lie ahead. As investors, it's essential to be aware of these risks and to take steps to protect our wealth in the face of uncertainty.