? Global Currency Crisis Is Coming - The “Dollar Milkshake” Theory (w/ Brent Johnson)
Watch Brent Johnson's follow up to The Dollar Milkshake Theory: https://rvtv.io/2tdRouM and The Great Dollar Debate with Brent Johnson and Luke Gromen: https://rvtv.io/2TGSnza only on Real Vision. -- Santiago Capital CEO Brent Johnson rejoins Real Vision with a plethora of predictions that revolve around a strengthening dollar. Johnson believes that a global currency crisis looms, but that there is a bull case to be made for the greenback, gold and U.S. equities. Filmed on May 29, 2018 in San Francisco. Published on June 6th, 2018.
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The “Dollar Milkshake” Theory (w/ Brent Johnson) | Expert View | Real Vision™
Now, one thing I want to make clear is this is not a story that ends well. This is a story that ends very, very badly. The strength of the dollar is going to cause such chaos in the global monetary system that the safe haven that gold has always provided, I think, is going to become into higher demand. And there will be a point where they rise together.
This isn't a Pollyanna view. I'm not saying to go out and buy equities, because things are good. I'm saying, go out and buy equities, because things are bad. Things are really bad. It's just that the road to bad looks much different than what the typical person thinks.
I'm really happy to be able to come onto Real Vision today, because I haven't been this excited about markets in a very long time-- not because I think everything is going to be easy, and things are fine, but really, because I think everything is bad, and it's going to be very hard. But I think that it's also going to present a lot of amazing opportunities for those who can kind of see through the fog of what the markets are going to do over the next year to two years.
Now, I'm sure over the next 30 or 40 minutes, there's going to be a few of you out there who agree with what I say. But I know for a fact that there's going to be a lot of people who disagree or who maybe agree with part of what I say, but who are going to disagree with a lot of what I say. And there's also going to be some people out there who absolutely disagree with everything I say. And that's fine.
What I'm asking you to do now is, at least for now, let's put aside challenging me, and just actually listen to what I say and think about how I might be right. And if it turns out after you've actually thought about it and more than for a minute or two, and you still want to have a conversation to discuss it, I'm more than happy to do that.
We've seen a nice bounce in the dollar after losing 10% to 12% on the dollar over the last 12 to 18 months. So I think it's a good time to discuss this. I really think the dollar move higher is really just getting started. Now, that doesn't mean that there's not going to be starts and stops, and in the short term, it's probably due for somewhat of a pause or even a short pullback. But one thing I want to get across to people is this move is only just getting started. The dollar, in my opinion, is going to go much, much higher over the next year to two years.
And so as I get into what the actual dollar milkshake theory is, it really comes down to the fact that I think the whole world is really one trade right now. And it's the trade on the dollar. Everything wraps around the dollar. I'm going to talk about gold after a while, but I think even gold-- all roads go through the dollar. So even though I'm very bullish gold long-term, that road also goes through the dollar. investing videos