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Sean Ring: King Dollar is losing to King Midas
By Sean Ring
Daily Reckoning, Baltimore
Thursday, September 4, 2025
Stimulating though it is, working at Paradigm Press sometimes feels like you're part of a band of Cassandras railing against the end of times. Not the end of the world, just the end of the current world. The way things are. Business as usual, so to speak.
However, business is becoming unusual at breakneck speed, although John Q. Public and his wife, Jane, are doing their best to ignore it. That's why, despite our best efforts, John and Jane always get stuck holding the bag.
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Town criers like me and my most excellent colleagues huddle together, backs to each other, metaphorical swords out, fending off as many of the "Nah, it'll be fine" naysayers as we can. With this in mind, it's especially comforting to hear those outside our beloved tent say the same things we are.
That's why I was so excited to listen to Mario Innecco and Andy Schectman chew the fat on YouTube over things like BRICS, MBridge, the Shanghai Gold Exchange, and the changing nature of the global financial system. After you've finished this brief primer, click the link to watch the video. It's fascinating.
While the mainstream financial media was still high-fiving Apple's latest "innovation" (spoiler: a slightly different rectangle will be unveiled on September 9), they were talking about something that actually matters: the slow, deliberate, and terrifying dismantling of the U.S. dollar's global throne.
And in case you haven't noticed, the BRICS aren't just talking. They're building an entirely new system, brick by brick (pun intended), where the dollar isn't invited. My erstwhile friend and colleague, Jim Rickards, was perhaps the first person to bring this dreadful news to the people. Now we can confidently say his efforts were not in vain.
Let's get to some of the essential points Mario and Andy covered. ...
... For the remainder of the analysis:
https://dailyreckoning.com/king-dollar-is-losing-to-king-midas/
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