Reinvent Money, Released on 8/20/24
Alasdair explains why he believes you should get out of credit and into hard assets, such as gold. He sheds light on the horrible finances of the US and why the Chinese worry about their US dollar positions. Also he comments on the paper gold market and the physical shortages he expects. Demand will get out of control. At the end we discuss US elections and sanctions on Russia.
0:00 Intro
1:50 Get the hell out of credit
4:30 Gold and Asian demand
8:35 Hugo Stinnes, The Inflation King
13:24 Interest rates and risk of crisis
19:05 $3000 dollar gold and paper gold issues
27:11 US presidential elections
32:24 Russia’s economy
36:32 Closing remarks
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.