The Money Levels Show, Released on 5/26/24
In this discussion with Alasdair Macleod, we cover the current macroeconomic landscape, increased gold buying from Chinese citizens, Silver’s price move, and mining stocks.
0:26 – Current assessment of economy and markets
2:11 – US government’s deficit funding challenges
4:06 – Shift in gold price and market realities
7:21 – Lower interest rates and inflation stimulation
10:34 – Concerns about funding government liabilities
12:15 – Governments inflating their way out of debt
14:47 – The US government and others in a debt trap
16:18 – Lack of discipline without gold standard
20:27 – Chinese demand for gold rising, seeking stability
21:58 – Gold as insurance and hedge against crisis
26:24 – Chinese citizens advised to buy gold in 2010
29:25 – Gold silver ratio historically at 120 times
31:28 – Silver price breakout at $31 to $32
34:19 – China and Russia’s significant gold reserves
36:25 – Russia’s potential impact by adopting a gold standard
39:17 – Brokerage industry’s shift towards mining sector
41:30 – Importance of understanding value in investing
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.