Alasdair Macleod: Russia Ready For A Gold Standard - China Next!
Alasdair Macleod: Russia Ready For A Gold Standard - China Next!
6-14-2025
In this latest intriguing interview, Darryl and Brian Panes from As Good As Gold Australia talk with Alasdair Macleod, Advisor to AGAGA.
Alasdair confirms that China is moving fast and is stepping up plans to replace the dollar with a gold-backed Yuan.
The Shanghai Gold Exchange is opening vaults abroad, and Shanghai Futures access is opening up as well. The laws of unintended consequences are alive and well.
When President Trump tried to put China out of business with punitive tariffs, China immediately responded by accelerating tariff-free trade negotiations with Japan and South Korea. President Xi then went on a whistle-stop tour of the principal ASEAN nations.
Shortly afterwards, the PBOC embarked on a policy of opening gold and silver trading outside China with new vaults, proposed in Hong Kong and Saudi Arabia.
What is this all leading to? And are there consequences for the dollar and the entire western financial system.
Currently, we have a massively deteriorating outlook for the US dollar. What does this mean for gold and silver moving forward?
Phillip Newman from Metals Focus discusses with Kitco News that they may expect new highs for gold in the second half of 2025, and further momentum in 2026. His reasons for this are the continuation of Central Bank buying and the investment markets only just starting from late last year.
Together with trade wars, and geopolitical events, the confidence in the US dollar is disappearing. Very few analysts outside of Alasdair are mentioning the increasing debt levels, and therefore the interest on the debt piling up.
Alasdair discusses this vital topic in detail. The global economy is in a very dark, precarious state., and now, more than ever, it is time to become your own Central Bank – you need to own gold!