China is turning 'alpha dog' in global politics, BRICS currency gaining traction - Michael Wilkerson

Описание: Michael Wilkerson, Founder of Stormwall Advisors and Author of "Why America Matters," joins Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, to discuss China's recent mediation of diplomatic relations between Iran and Saudi Arabia, and what this means for China's status as a world power going forward. Wilkerson and Makori also discuss the escalating tensions between the U.S. and China with increasingly hostile rhetoric from the Xi administration, growing trend toward de-dollarization, the rise of a potential BRICS reserve currency, the ongoing conflict in Ukraine, and what all of this means for investors.

Follow Michelle Makori on Twitter: @MichelleMakori (  / michellemakori  )
Follow Kitco News on Twitter: @KitcoNewsNOW (  / kitconewsnow  )
Follow Michael Wilkerson on Twitter: @MW_Stormwall (  / mw_stormwall  )

0:00 - Iran, Saudi Arabia, and China
10:18 - Oil market and the petrodollar
12:15 - BRICS alliance
16:03 - China-U.S. relations
18:38 - New BRICS currency
20:30 - Investment implications
26:11 - President Xi
28:44 - New Chinese foreign policy
34:23 - Lab leak hypothesis
37:02 - Taiwan
38:35 - Long-term portfolio allocation

#china #russia #politics
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