Epic Derivative Unwind & Systemic Banking Failure | Alasdair Macleod

Liberty and Finance, Released on 11/3/22 (Recorded on 11/2/22)

This last summer, JPMorgan’s CEO Jamie Dimon warned of a “hurricane” coming in the financial system. Alasdair Macleod, Head of Research at GoldMoney, believes the expansionary cycle has ended, and we’re heading toward a contraction. Low interest rates have created massive bubbles across markets, especially in derivatives. There could be an unwinding in derivatives as asset values fall amid rising rates. The impact could reverberate through the whole banking system, leading to potential bank failures.

0:00 Intro
2:34 Derivatives unwind
10:42 Currency crisis
15:17 Euro structure
18:53 Central banks
21:45 Eastern countries
26:35 New gold exchanges
30:45 Overseas storage
42:34 Bank balance sheets
54:35 Gold Money
55:58 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.

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