Get “Why the Global Monetary Reset Has Just Begun” research report for free

The companion research report to Felix Prehn’s video, prepared by Goat Academy Research. Enter your email address and the report opens immediately.

A 20-page research report on the money underneath the war. A ballistic missile out of Yemen closed the main airport of the Saudi capital, and the country that has underwritten the dollar since 1974 rang France, Britain, Pakistan and Egypt for help before Washington offered a cautious "we may". The report explains the machine behind that: the 1974 oil-for-dollars handshake, the riyal fixed at 3.75 to the dollar since 1986, Saudi Arabia's $142 billion of US Treasuries and the single month in which nearly $11 billion of them were sold, Gulf tanker rates at the highest ever recorded, and the mBridge payment system that settles without the dollar. It sets out why central banks kept buying gold through its worst quarter in 13 years, why $4,000 is the only gold level worth stating, and the one frozen number to watch: Saudi Arabia's 323 tonnes of gold reserves, unchanged for years beside more than $450 billion of currency reserves. It closes with four things an ordinary saver can check tonight, at no cost, and a reminder that this is not a sell-everything message.

Goat Academy is an online financial education institution founded by economist and former investment banker Felix Prehn.