Alasdair Macleod: Gold-backed BRICS currency to Dethrone Dollar

Liberty and Finance, Released on 6/28/23

U.S. dollar dominance is “toast,” says Alasdair Macleod, head of research at GoldMoney. If the BRICS nations announce a gold-backed currency, markets will soon realize how negative this is for the dollar, he says. Also, a reigniting of the Ukraine conflict is likely, which could drive up oil and other commodity prices. Expect more inflation and higher interest rates which will put more pressure on the banking system.

0:00 Intro
2:32 Ukraine
17:50 Banking system
30:30 Last thoughts
36:13 Miles Franklin

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:

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