Patrick Vierra from SBTV spoke with economic, financial, and gold researcher Alasdair Macleod. Alasdair’s unique understanding of the markets and the economy has painted a picture of economic turbulence to say the least. Gold and silver, are a few of the things that are going to offer wealth protection and generational wealth as the economy continues to take a turn for the worst. Come see what Alasdair has to say and how gold is winning!
Discussed in this interview:
01:19 What is driving the gold price?
11:38 USD and other currencies to fall
16:21 Powell and Yellen troubled
23:47 Geopolitics and gold
28:15 7x, 8x fold gain in gold?
Detailed Timestamps:
0:00: 💰 Factors driving gold price discussed by Alasdair Macleod.
5:12: 💰 Foreign central banks slowing down dollar purchases, impacting currency value and treasuries. China potentially buying gold.
10:09: ⚖️ Gold price driven by currency devaluation, leading to rapid deterioration in market conditions.
14:46: 💰 Impact of rising interest rates on global banking systems and leverage.
19:29: 💸 Dollar value determined by faith, not inflation. Biden Administration causing currency devaluation.
23:59: 💰 Gold’s purchasing power remains stable over decades, unaffected by volatile oil prices.
29:22: 💰 Currency devaluation is reflected in rising prices, emphasizing the importance of gold as a stable value.
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Precious Metals and Political Chaos: Gold, Silver and a Changing World Order