Alasdair Macleod: US Dollar Poised For Complete Collapse! Gold Paper Market Crisis Looming
Alasdair Macleod: US Dollar Poised For Complete Collapse! Gold Paper Market Crisis Looming
Good as Gold Australia: 9-30-2023
In this latest interview, Brian and Darryl Panes from As Good As Gold Australia, interview Alasdair Macleod - Head of Reaserch at GoldMoney.
In the last 12 months, the price of gold in Japan has risen 21% and over the last 5 years, it has risen at an average of 22% per year.
In Argentina, the price is up 184% in 12 months and over 1,300% in the last 5 years. In Turkey, the price has risen 62% over the past 12 months and over 600% in the last 5 years.
In China, gold has surged this month over $100 an ounce on international prices. In US Dollars, however, the price of gold remains quite stable. Why is this and what would it need to see the US Dollar follow suit?
Is Russia going to be the first to a 'gold standard' and will it influence the BRICS + Nations soon after?
Central Banks are buying gold in huge amounts, and at the same time they are talking CBDCs. What can we expect as the final outcome?
One of the main takeaways from the BRICS Summit meeting in Johannesburg was the confirmation of the addition of 6 new nations. This will mean with United Emirates, Saudi Arabia and Russia, that BRICS will have the 3 largest oil producers in the world.
Surely this spells the end of the Petrodollar, and with it, the end of the Dollar's dominance. Now more than ever before it has become imperative to own gold.