Palisades Gold Radio: We have Destroyed the Fed’s Ability to Act (w/ Dr. Stephen Leeb)


Palisades Gold Radio
Oct 21, 2022

Stephen notes that BRICS+ move has been quite rapid away from Western markets. The Shanghai Cooperation Organization was formed initially between China and Russia. Its goals were security and economic growth. In 1996, India and Pakistan joined. They have a lot of cultural and political differences between them. They were seeking ways to harmonize economic growth while maintaining sovereignty of the nations involved. Likewise, they met recently with other nations like Saudi Arabia and Iran. Culturally they are rivals, but they are coming together. Many other countries are also now wanting to join one or both organizations.

The World Gold Council wants to create a worldwide blockchain to bring discipline to the way countries use money. Stephen discusses why the gold standard brought stability to the economic system.

Stephen believes that NATO is breaking as countries like Turkey, allies with Russia on gas distribution. Italy intends to exit the European Union and the Euro. Europe as a bloc is beginning to disintegrate. It seems clear that the attack on Nordstream pipeline was done by U.S. interests. Sanctions against Russia and China are damaging the technological growth of the West. He says, “We’re at a critical point in human civilization.”


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