Alasdair Macleod: Gold Putting Pressure On Banking System

Liberty and Finance, Released on 4/15/24

Gold and silver have been rising because the Dollar is falling, says Alasdair Macleod (https://alasdairmacleod.substack.com). Bullion banks are likely net-short gold and silver. “This rise in the gold price and also the silver price,” he says, “is putting an enormous pressure on the banking system.” Interest rates are unlikely to actually fall amid higher than expected inflation. As the gold price breaks into new ground, the price of silver will likely continue to rise amid demand from India and industrial sources.

0:00 Intro
1:30 Gold price
17:08 Inflation
26:04 Silver update
32:25 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.

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