Miles Franklin Media – YouTube, Released on 6/10/26

For Part 1 of this interview, CLICK HERE

Michelle Makori, President & Editor-in-Chief of Miles Franklin Media, sits down with economist, monetary historian, and precious metals expert Alasdair Macleod to discuss what he believes could be the biggest threats facing the global financial system. Macleod explains why he believes the world is approaching a critical turning point for fiat currencies, how years of debt accumulation and monetary expansion have weakened confidence in the global monetary system, and why the next few years could bring significant economic and social disruption. The conversation also explores the implications of a potential Fort Knox audit, why China and Russia may be in a stronger position than many investors realize, the outlook for gold and silver, central bank gold accumulation, and the future of the U.S. dollar as the world’s reserve currency. Alasdair warns that if confidence in government finances and fiat currencies continues to deteriorate, the consequences could extend far beyond financial markets, impacting living standards, food security, and geopolitical stability.

00:00 Coming Up
01:52 Fort Knox Audit Debate
06:38 Why Treasury Says No
08:01 Leased Gold and China Hoard
15:45 Missing Gold Theories
21:41 China Gold Standard Playbook
28:01 Yuan Reserve Currency Ambitions
31:58 How Gold Backing Works
37:09 Why Russia Could Follow
38:00 Russia Gold Output Shock
38:50 Gold Backed Ruble Yuan Vision
41:20 Digital Gold Standard Explained
43:49 Dollar As Medium Gold As Reserve
47:48 Fort Knox And Gold Linked Treasuries
50:55 Debt Trap And Rising Yields
55:37 Petrodollar War And Geopolitics
58:58 Outlook Dollar Collapse
01:00:38 AI Wont Save America
01:02:37 Hyperinflation Timeline And Gold
01:04:52 Final Warning And Where To Follow
01:06:20 Food Inflation And Closing Remarks

Alasdair Macleod is head of research for GoldMoney and Strategic Advisor at VON GREYERZ. 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.

  dollar collapse, Fort Knox, gold, gold audit