Easy monetary policy has led to massive malinvestment. At the same time, the biggest money in the world is moving into commodities and real assets. "This is a sea change," says Andy Schectman, president & CEO of Miles Franklin Precious Metal Investments. The BRICS nations seem to be preparing as well. Schectman expects in 2023, the BRICS nations will roll out a new reserve currency backed by a basket of commodities.
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