Saudi Arabia's mBridge Exit and China's Payment System Ambitions

In this appearance on the Flyover Conservatives podcast, Dr. Kirk Elliott revisits Saudi Arabia's 2025 exit from Project mBridge, the digital settlement system built for cross-border payments in local currencies, and explains why he believes renewed attention on it could push China to expand CIPS, its alternative to the SWIFT network, as part of a broader move away from the US dollar as countries repatriate their gold. He also discusses the Treasury's expanded bond-buying operations, explains how counterparty exposure differs between metals held at home and metals held in a depository, frames physical gold and silver as tangible assets investors may want to consider, and invites viewers to schedule a consultation with the KEPM team.