Good Sunday to you,
This week I’m talking to the goldbugs’ goldbug, Alasdair Macleod.
I’m more of a continued decline, muddle through guy, but Alasdair, as you shall see, is very much in the outright collapse camp and he sees that outright collapse coming soon, as you shall hear - within the next 18 months!
Alasdair has spent decades studying financial markets, monetary history and the role of gold, and his argument is uncompromising: gold is money; pounds, dollars and euros are credit. I could not agree more. Confidence in fiat currencies is approaching breaking point, he says, and any currency that hopes to survive will ultimately have to become a credible substitute for gold through a proper gold standard.
We also look at the fragility of the bond markets, starling, Japan, China and what a 21st-century gold standard might actually look like.
My thanks as ever go to The Pure Gold Company for making these interviews possible.
If you live in a third world country such as the UK, I urge you to own gold or silver. The pound will be further devalued, as will the euro and dollar. The bullion dealer I use and recommend is The Pure Gold Company. They deliver to the UK, the US, Canada and Europe. More here.
This is the last of the videos for a while, as we take stock and evaluate. Broadly speaking, most of you seem to like them, so that’s good.
As always you watch the video above, or listen via the Substack app, Apple podcasts, Spotify et al.
And if you want to follow Alasdair and read his immensely popular Substack, you can do that here:
In other news, the latest edition of Charlie Morris’s Atlas Pulse is out now. It’s free, so get your copy here. Gold smells QE, he says. Well worth reading …
And, finally, here is this week’s piece - not on gold, but on copper. It’s telling us something.
Copper Is Telling Us Something
I have been banging the drum for copper for some time, but it is becoming increasingly difficult to ignore.
Disclaimer:
Nothing in this programme is intended as investment advice. It is an expression of opinion only. We do not know your financial circumstances. Do your own research.
