"Hold Your Gold & Silver Until THIS Happens..." - Alasdair Macleod

#alasdair #alasdairmacleod #silver #silverpriceanalysis
"Hold Your Gold & Silver Until THIS Happens..." - Alasdair Macleod
In this insightful video, Alasdair Macleod dives deep into the real reasons behind the rising gold prices. It's not just about gold appreciating, but about paper currencies losing their purchasing power. Macleod discusses how this critical understanding is more prevalent among Asian countries, particularly China and India, where gold is seen as true money, unlike transient paper currencies. He explains the strategic moves by central banks, especially the People's Bank of China, which is selling dollars to buy gold, a trend that reflects a broader move away from fiat currencies.
Macleod also highlights the stark contrast between the Western alliance's reliance on fiat currencies and the Eastern bloc's growing preference for gold. As the Western populace remains largely unaware of the devaluation of their currencies, Macleod predicts a significant financial shift once this realization sets in. The video delves into the implications of the weaponization of the dollar by the U.S., the challenges faced by countries like Germany in repatriating their gold, and the enormous impact of Chinese household savers on the global gold market.
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[@LeeuwAdelaar-xe7hh]

Alasdair 👏👍

[@clodhopper-dodo]

Why is this guy so careless? Triple digit ie $999 per ounce?

[@ChrisHoebeke]

Triple digit gold is well in the rear view, since the so-called Great Financial Crisis 15 years ago. Triple digit gold would put gold in a serious bear market. No way Alasdair Macleod made such a prediction. 5 digit gold? Triple digit silver? Fix the title and I might actually watch this video.