Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News interviews Simon Hunt, Founder of Simon Hunt Strategic Services, who says the BRICS countries are on a “deliberate” path to develop a new mechanism that will work against the U.S. dollar. Hunt warns not to underestimate the threat posed by the BRICS group and its expansion. Hunt discusses why he expects the new BRICS currency to be backed by gold and weighs in on other key geopolitical consequences.

The second wave of inflation is coming, risk of ‘deep recession’ is very high – Simon Hunt (Pt 2/2)