The dollar will soon collapse: Katasonov explained why to buy gold
Russian economist Valentin Katasonov made a very interesting forecast.
According to the expert, the collapse of the “global debt pyramid” will occur soon.
And the basis of this pyramid, according to the expert, is the dollar.
The forecast made by Katasonov is reported by DEITA.RU news agency.
Why Buy Gold: Valentin Katasonov's Opinion
According to the expert, the current global financial system is not viable.
Katasonov believes that in the near future there may be a need for serious changes to this system.
It is possible that we will have to return to the single measure of value that was relevant before the dollar's "hegemony". We are talking about gold.
According to the expert, people who plan to keep their savings for a long time should pay attention to this precious metal, which may become more expensive.
According to Katasonov, gold will regain its status as a “standard asset” immediately after the potential collapse of the American currency.
The economist believes that this will happen in the coming years.
But the expert recommends paying attention to the precious metal now.
