The “Dollar Milkshake” Theory with Brent Johnson

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Published 2019-02-09
Santiago Capital's 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.

TIMESTAMPS:

00:10:23 Bucking Arguments Against Dollar Strength
00:15:15 Implications For U.S. Equities and Bonds
00:18:39 Golden Opportunities Coming?
00:25:56 How Do The Dollar And Gold Rise In Tandem?

Watch Brent Johnson's follow-up to The Dollar Milkshake Theory: rvtv.io/2tdRouM and The Great Dollar Debate with Brent Johnson and Luke Gromen: rvtv.io/2TGSnza only on Real Vision.

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#Macro #finance #macroeconomy #markets #financialmarkets #bonds #stocks #oil #gas #commodities #equities #gold

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All Comments (21)
  • @hmutandadzi
    Genius. I especially love that part where he says, "Admitting you were wrong is very freeing. It lifts a lot of pressure off you. It then allows you to move on to the next thing...'Why was I wrong? Where did I go wrong?'"
  • @bennyc6021
    Looking back, Brent was spot on, the correction, the rebound, market going higher over the wedge, dollar going much stronger, etc. Well, left to be seen is Gold going up together with the dollar and then beyond. 😄
  • @Jonathan2342
    The reason why money was pumped in the markets and gold prices stayed put was because the money that was pumped into the market never actually got to the common person. Traders, Bankers and wealthy corporate owners got massive returns but your average person was still making 7.50 / hour. All that would need to happen to create economic ruin and massive inflation in the states is for all the idle money that is siting offshore to get disbursed among the common persons (say through a foreign government purchasing smaller businesses and real estate, or even giving money directly to american residents) scarcity is what generates value. its kind of like De Beers in diamonds, diamonds are a lot more common than their value suggests but because so much of the stock is warehoused and its availability to everybody is controlled, the value is much higher.
  • @jmmbuthia
    Came across this interview today. Impressed how Brent predicted the dollar effect and now with Covid and the Ukraine crisis it makes more sense
  • @wanst12
    Short term , US dollar rises . Long term , Gold rises .
  • @yunggolem4687
    "Fed isn't going to drop interest rates and do QE." Whoops...
  • @WiseSilverWolf
    This guy is telling people to buy gold and silver stocks, in the words of Mike Moloney "If you cant hold it, you dont own it!" buy physical gold and silver instead of stocks.
  • @hamsarris2659
    the intro got me so pumped i sold my girlfriend for gold bullion. jk. i dont have a girlfriend.
  • @CabinOnTheWater
    Since 1913 through today the US Dollar buys about 4 cents of what it use to buy. If that is what everybody demands. You can have it. I'm putting my value elsewhere. There is no supply shortage on dollars. They can print all you want. Millions, Billions, Trillions. Hyperinflation wipes the board of all debt and the world reserve currency resets. End of story.
  • The fed stopped raising rates....that's the fundamental of his whole theory.
  • fiat currency is a bad neighborhood. the dollars just the best house on the block.
  • @dylanmilks
    Thank you Brent for this. To summarize: the dollar will fail in a position of strength, rather than a one of weakness. Great perspective to consider.
  • @keaper6117
    This guy was totally out to lunch, and Peter was bang on. End of story!
  • @shawnkalin9337
    The cash flow pyramid is built on consumer credit. How much more credit can the consumer get? Not much.
  • @Rnankn
    Monetarism leads to mercantilism. We’ve played this game already in the 19th Century. Money has no intrinsic value, and nobody wants to talk about the actual economic reality.
  • @bigkeno
    November of 2019 called, there is no straw. It's a race to zero.