The Impending Demise of the US Dollar: The Real Cost of De-Dollarization

Market expert Lynette Zang warns that the U.S. dollar is rapidly losing its status as the world's primary reserve currency, citing the Federal Reserve's need to buy U.S. debt as a sign of saturation or lack of demand. Zang also expresses concerns about the ongoing banking crisis and accuses Treasury Secretary Janet Yellen and Federal Reserve Chairman Jerome Powell of keeping the public calm while wealth is being stolen. She recommends investing in gold as a protective hedge, but warns that the introduction of central bank digital currencies (CBDCs) could lead to restrictions on buying gold. Gold is seen as a store of value and a safe-haven asset in times of economic uncertainty and geopolitical risks.