Categories
Kitco News

Afghanistan withdrawal has ’emboldened’ China; Markets not pricing in geopolitical risks – Mike Lee

Click here to get this article in PDF

The withdrawal of united state troops from Afghanistan has left a power space in the area, with some analysts stating that weaker American existence overseas could signify a danger to the U.S. buck as an international book money.

Mike Lee, founder of Mike Lee Strategy, talks about the effect on the U.S. buck and also American economic situation of the Afghanistan withdrawal with Michelle Makori, editor-in-chief of Kitco News.

" The geopolitical risk as an outcome of the method we took out from Afghanistan is greatly higher than it was just a month earlier. I think China is definitely inspired. I do not assume any of that geopolitical danger is valued out there," he claimed.

Follow Michelle Makori on Twitter: @MichelleMakori ()

0:00 – Jobs information and also macro
5:46 – Afghanistan and also the dollar
9:36 – Geopolitical risks
13:05 – China
14:51 – Asset allowance

__________________________________________________________________
Kitco Information is the globe's # 1 resource of metals market info. Our videos feature interviews with noticeable industry figures to bring you market-affecting understandings, with the goal of helping people make informed financial investment decisions.

Sign up for our channel to keep up to day on the latest insights relocating the metals markets.

For even more breaking information, see

Follow us on social media sites:
Facebook –
Twitter –
StockTwits –

Real-time gold cost and charts:
Live silver cost and graphes:

Do not neglect to enroll in Kitco News' Weekly Roundup– comes out every Friday to wrap up the hottest stories & videos of the week:

Join the conversation @ The Kitco Forums and also belong to the premier on the internet community for rare-earth elements capitalists:

Please note: Video clips are not trading guidance and also the views shared may not mirror those of Kitco Metals Inc
.

Afghanistan withdrawal has 'emboldened' China; Markets not pricing in geopolitical risks – Mike Lee

The withdrawal of U.S. troops from Afghanistan has left a power void in the region, with some analysts saying that weaker American presence overseas could signal a threat to the U.S. dollar as a global reserve currency.

Mike Lee, founder of Mike Lee Strategy, discusses the impacts on the U.S. dollar and American economy of the Afghanistan withdrawal with Michelle Makori, editor-in-chief of Kitco News.

“The geopolitical risk as a result of the way we withdrew from Afghanistan is exponentially higher than it was just a month ago. I think China is absolutely emboldened. I do not think any of that geopolitical risk is priced in the market,” he said.

Follow Michelle Makori on Twitter: @MichelleMakori (https://twitter.com/MichelleMakori)

0:00 - Jobs data and macro
5:46 - Afghanistan and the dollar
9:36 - Geopolitical risks
13:05 - China
14:51 - Asset allocation

__________________________________________________________________
Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions.

Subscribe to our channel to stay up to date on the latest insights moving the metals markets.

For more breaking news, visit http://www.kitco.com/

Follow us on social media:
Facebook - https://www.facebook.com/KitcoNews/?ref=br_rs
Twitter - https://twitter.com/kitconewsnow
StockTwits - https://stocktwits.com/kitconews

Live gold price and charts: http://www.kitco.com/gold-price-today-usa/
Live silver price and charts: http://www.kitco.com/silver-price-today-usa/

Don’t forget to sign up for Kitco News’ Weekly Roundup – comes out every Friday to recap the hottest stories & videos of the week: https://connect.kitco.com/subscription/newsletter.html

Join the conversation @ The Kitco Forums and be part of the premier online community for precious metals investors: https://gold-forum.kitco.com/


Disclaimer: Videos are not trading advice and the views expressed may not reflect those of Kitco Metals Inc.