As Good As Gold Australia, Released on 5/18/24

In our latest interview, Darryl and Brian Panes from As Good As Gold Australia interview Alasdair Macleod, Advisor to AGAGA. Of recent times, we have seen tens of thousands of Chinese citizens waiting in massive queues outside of bullion dealerships in major shopping centres in their attempt to buy gold and silver. As the day lengthens and they reach the doors of the gold suppliers, many are turned away because the shop has run out of gold, and they return the next day to experience the same. The demand for gold in China is insatiable. What does the east appreciate about gold that the west does not? Just recently, Jamie Dimon, the CEO of J P Morgan, the largest and most important commercial bank in the world, said that Washington faces a “global market rebellion” over record US debt. “It is a cliff… we’re going 60mph towards it.” What did Jamie Dimon mean by this? Recently, Alasdair Macleod wrote an article titled, “Banking Crisis in CRE Looms” saying that commercial real estate (CRE) exposure crashed shares in New York Community Bank, rippling into other US regional banks. In this interview, Alasdair elaborates further on how this could develop and describes the ramifications involved. It has been recorded by the “Silver Institute” that we will see the second highest demand for silver in 2024. Considering the demand for silver coming out of India, will we see silver break its all-time high of $50 USD per ounce. There’s a trainwreck approaching like we have never seen before. Now more than ever, you need to own gold and silver!

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.

  gold, investing, precious metals, silver