Episode Details

Michelle Makori, President & Editor-in-Chief of Miles Franklin Media, speaks with Brent Johnson, CEO of Santiago Capital and creator of the Dollar Milkshake Theory, about why the U.S. dollar could strengthen even as gold moves significantly higher. Johnson explains why he expects closer coordination between the Federal Reserve and U.S. Treasury, how the dollar could increasingly be used as a geopolitical tool, and why de-dollarization may unfold very differently than many investors expect.

Johnson warns that an extreme dollar squeeze could trigger currency crises and broader global instability, while arguing that gold remains essential insurance for investors. He also explains why he believes gold could reach $10,000 while the U.S. dollar remains the dominant global currency.

In this episode of The Real Story with Michelle Makori:

- Why the Fed and Treasury could move closer together

- How a stronger dollar could pressure global markets

- Why de-dollarization could send the dollar higher

- Johnson’s outlook for gold and the U.S. dollar

- Why $10,000 gold doesn’t require dollar collapse

Follow Miles Franklin Media on X: https://x.com/MilesFranklinCo

Follow Michelle Makori on X: https://x.com/MichelleMakori

Follow Brent Johnson on X: https://x.com/SantiagoAUFund

Learn more about Brent Johnson and Santiago Capital: https://research.santiagocapital.com

Watch Milkshakes, Markets, and Madness on YouTube: / @santiagocapital

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Disclaimer: The views and opinions expressed in this video are those of the individual speakers and do not necessarily reflect the views of Miles Franklin Precious Metals, its affiliates, owners, anchors, producers or hosts. This content is provided for informational and educational purposes only and is not intended as financial, legal, or investment advice. Nothing said in this video should be construed as a recommendation to buy or sell any financial asset. You should always consult with a qualified financial advisor, legal professional, or tax expert before making any investment decisions. Investing involves risk, including the potential loss of principal.

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