Alasdair Macleod: The Next 1929? Currency Crisis & Gold Explosion

Natural Resource Stocks, Released on 9/24/25

In this powerful interview, Alasdair Macleod (Head of Research, Goldmoney) explains why the global fiat currency system is on the brink of collapse. Drawing parallels to 1929 and Germany’s hyperinflation in 1923, Macleod breaks down the credit bubble, surging bond yields, and why central banks are quietly dumping dollars for gold.

We cover:

  • The end of the fiat currency era
  • Why gold is money and fiat is just credit
  • Central banks & China’s gold-backed yuan plans
  • Inflation, debt traps, and the “doom loop” facing governments
  • How investors can prepare for the reset

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.

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