Liberty and Finance, Released on 3/6/24
Central bank and Eastern buying of gold have pushed prices to all-time highs. Gold prices above $2100 signal a loss of confidence in the Dollar. “It’s not so much gold rising,” says Alasdair Macleod, “It’s the Dollar going down.” He also sees trouble brewing in the banking system as commercial real estate (CRE) is likely to crash. If CRE collapses in value, that will wipe out a significant portion of equity in the banking system.
0:00 Intro
1:44 Gold breakout
9:00 Bitcoin & tech
13:37 Debt & GDP
20:08 Metals manipulation
21:30 Gold vs silver
23:36 Mining stocks
25:36 Credit and debt
28:10 Private vaults
32:20 Macleod online
34:50 Weekly specials
Alasdair Macleod is head of research for GoldMoney. Alasdair has been a celebrated stockbroker and Member of the London Stock Exchange for over four decades. His experience encompasses equity and bond markets, fund management, corporate finance and investment strategy. Read Macleod’s writing: https://www.goldmoney.com/research and MacleodFinance Substack.
This Would Wipe Out 1/2 Of Banks’ Equity | Alasdair Macleod added by Herman James on
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PEOPLE WHO CALL BITCOIN DIGITAL GOLD ARE PUTTING OUT THE HEIGHT OF BULLSHIT.
I agree completely!
Recently, while watching a couple of buffoons discussing how the development of the new “Bitcoin ETF” would lead to a dramatic rise in the price of this garbage, they began to debate which was better…”privately held” bitcoin or an ETF. Then one of them basically shot himself in the foot and exposed cryptocurrencies for the fraud they are, in my opinion, when he began to say something to the effect of…“well, would you rather have an ETF…or hold the REAL”. He then stopped somewhat embarrassingly realizing that there is no such thing as a real, physical bitcoin that you can hold. It was hilarious Whenever a bitcoin bug tries to make the gold bullion vs. paper gold comparison using cryptos…it’s all over!
Cryptocurrencies will be shown to have been the “pet rock” of the 21st Century,,,a “fart on a hard drive” and the ultimate game of musical chairs based upon the “greater fool theory” so if you have some you’d better sell it… find an empty seat (and buy gold) before the music stops!