← Back to All Videos

Trump Warns BRICS: Don’t Even Think About Replacing the US Dollar – Will He Succeed?

The Daniela Cambone Show Dec 2, 2024

QUESTIONS OR CONCERNS? Talk With An ITM Trading Analyst Now: Schedule a Free Strategy Call or Speak to Someone Now at 866-706-9061.

“He [Donald Trump] will be successful with it because at the end of the day, they need us,” Todd Bubba Horwitz, founder and CEO of Bubba Trading, tells our Daniela Cambone. He explains that president-elect Trump’s rhetoric over the weekend warning BRICS nations against creating a new currency will be ‘successful,’ as they will not pose a serious threat to the U.S. “I think there’s a greater reality that Bitcoin becomes a currency among the globe versus the BRICS nations and what they’re trying to do,” Horwitz adds. He also highlights concerns about the U.S. economy, citing the national debt as a significant issue. “If you’re making 150,000 or below, you’re in a recession. If you live in New York, you can’t live on 150,000 a year if you live in Manhattan,” he asserts. Watch the full video to learn more about his perspective and financial strategies for navigating these challenges.

Trump’s Tariff Warning and the BRICS Challenge

President-elect Donald Trump’s recent ultimatum to BRICS nations highlights escalating tensions. Trump warned these nations to halt efforts at developing an alternative currency to the U.S. dollar, threatening 100% tariffs. Todd ‘Bubba’ Horwitz emphasized Trump’s strategic position, asserting, “They need us more than we need them.” According to Horwitz, the United States’ self-sufficiency in energy and resources grants it unparalleled leverage.

However, the discussion also acknowledged the complexity of isolating a significant bloc like BRICS, which controls much of the world’s mineral wealth. Horwitz expressed confidence that alternative currencies would struggle to gain traction, noting, “There’s a greater reality that Bitcoin could become a global currency before BRICS succeeds.”

Biden, Black Friday, and Economic Realities

President Joe Biden’s decision to pardon Hunter Biden has sparked bipartisan criticism. Horwitz remarked, “It’s no surprise… the law applies to everyone but his family.” Beyond politics, the discussion turned to the economy. Black Friday sales broke records, but as Horwitz pointed out, inflation diminishes these gains, making the real economic picture less rosy.

The discussion also touched on the challenges faced by middle-income earners amid rising debts and inflationary pressures. With credit card debt reaching historic highs, Horwitz predicted a rocky first quarter in 2025, where “bills will come due.”

Gold’s Resilience in a Turbulent Ecosystem

Gold remains a cornerstone of financial security, even in an ecosystem increasingly shaped by cryptocurrency. As central banks worldwide, including Poland, continue to stockpile gold amidst geopolitical uncertainties, Horwitz reiterated its timeless value. “You always want something tangible you can hold, feel, and store,” he noted, contrasting gold with the intangibility of digital assets.

Despite fluctuations, gold has seen a robust rally this year, climbing nearly 30%. Horwitz projected strong support levels at $2,600 per ounce, signaling potential for further gains as economic realities set in.

Why Gold Matters More Than Ever

In uncertain times, gold’s role as a hedge against inflation and economic instability is undeniable. As the Federal Reserve struggles with mixed signals on interest rates and inflation remains a persistent concern, tangible assets like gold and silver offer a beacon of stability.

Secure Your Wealth with Gold

At ITM Trading, we understand the challenges of navigating an unpredictable economy. Whether it’s Trump’s tariff warning, Biden’s policies, or shifting global dynamics, gold remains a steadfast option for protecting your wealth. As Todd ‘Bubba’ Horwitz and Daniela Cambone highlighted, the fundamentals driving gold’s appeal have never been stronger.

Take the first step toward financial security. Contact ITM Trading today and learn how you can safeguard your future with tangible assets like gold and silver.

Secure Your Future With Gold & Silver

Access expert advice and transparent pricing—backed by decades of leadership in retirement protection.
Schedule Strategy Call

Sources & References In This Article

Similar Posts

The Daniela Cambone Show Jun 30, 2025

No Way Out: ‘Stimulus and Money Printing’ Are the Only Path Left

Learn More
The Daniela Cambone Show Jun 27, 2025

Nearing Point of No Return – You Need Gold, Silver – Bert Dohmen

Learn More
The Daniela Cambone Show Jun 25, 2025

How Silver Saved My Life

Learn More
The Daniela Cambone Show Jun 23, 2025

Gold Is Still Dirt Cheap When You Look at the Math, Says In Gold We Trust Author

Learn More
The Daniela Cambone Show Jun 20, 2025

“Fed Rate Cut? Bubba Calls It a ‘Horrific Mistake’ That Will Bankrupt Main Street”

Learn More
The Daniela Cambone Show Jun 18, 2025

‘Irreparable Damage’ – War Threats Escalate, Gold to Soar : Gerald Celente

Learn More
The Daniela Cambone Show Jun 16, 2025

Asia Moves Forward to Ditch Dollar: 50% Crash by 2030 Expected?

Learn More
The Daniela Cambone Show Jun 13, 2025

This Ends in Chaos: Bloodshed and Revolution in Coming Debt Collapse

Learn More