Is Next Phase of Global Monetary Reset Coming in October? What It Means for US Dollar

Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, interviews Jon Forrest Little, Founder and Director of Content at Silver Academy, who breaks down the history of global reserve currency cycles. Little weighs in on the accelerating de-dollarization trend and warns that the next phase of the global monetary reset is fast approaching. He explains what to expect at the BRICS Plus annual summit taking place in Kazan, Russia, on October 22-24. Little also shares his insights on the gold-backed currency, known as the Unit, which the BRICS is reportedly said to announce at the summit. He also explains the role of Project mBridge – the multi-CBDC global payment platform. Little explores the likely U.S. pushback to the de-dollarization trend, the future of global reserve currencies, and the role gold plays. This video is brought to you by *Goldback* --- Inflation-resistant, 24K gold currency. _Protect your purchasing power, grow your wealth annually, and spend at over 2,000 businesses._ Learn where to get Goldbacks at ** Follow Michelle Makori on X: @MichelleMakori () Follow Kitco News on X: @KitcoNewsNOW () Follow Jon Forrest Little on X: @Silvr_Academy () #dollar #BRICS #de-dollarization #currency 00:00 Coming Up 00:56 Introduction: BRICS Plus Update 04:33 Historical Cycles: Currency Resets 09:27 The US Dollar’s Dominance and Challenges 17:35 Central Banks’ Gold Rush 22:22 BRICS’ Gold-Backed Unit Currency 35:33 Project MBridge and BRICS Currency 37:43 Gold’s Role 41:03 Saudi Arabia and Why Its Role Is Important 44:35 US Pushback Against De-dollarization 50:44 Potential Gold Standard Revival 59:14 Future of Global Reserve Currencies 01:02:11 Gold Price Forecast __________________________________________________________________ Kitco News is the gold standard in precious metals, commodities, cryptocurrencies, mining, and financial news. SUBSCRIBE to our channel to stay up to date on the latest market and industry news. For breaking news, views, charts, and data on precious metals, cryptocurrencies, and financial markets - visit us at To get market updates on the go, download the Kitco Gold Live! APP - Stay connected: Twitter - Instagram - Facebook - LinkedIn - StockTwits - Live gold price and chart: Live silver price and chart: Live crypto market data: Learn more about Kitco News: For more information on advertising, sponsorship and marketing promotions – please visit our online media kit at: Disclaimer: The videos are not intended to provide trading advice, and the views expressed do not necessarily reflect those of Kitco Metals Inc. Kitco News, its anchors, producers, and reporters are not responsible in any way for the performance or actions of any sponsor, advertiser or affiliate of Kitco News. In no event will Kitco and its employees be held liable for any indirect, special, incidental, or consequential damages arising out of the use of the content in this video.